4377 VILLAGE ROAD

The subject property of 1,529 acres consists of the only lake front developable property left within Heritage Ranch. A total of approximately 2,100 homes currently exist within the community with a maximum allowable build-out of 2,900 dwelling units. The subject property contains the only undeveloped high-density residential zoning within Heritage Ranch and also the only remaining commercial site within the gated portion of Heritage Ranch. A conceptual lotting study has been completed for the residential portions featuring five planning areas with a potential of 357 single family unit