University of Central Florida University of Central Florida STARS STARS Harrison "Buzz" Price Papers Digital Collections 6-6-1980 Current Market Value of a 40-acre Residential Tract - Palmdale, Current Market Value of a 40-acre Residential Tract - Palmdale, California California Harrison Price Company Stephen S. Watts Part of the Tourism and Travel Commons Find similar works at: https://stars.library.ucf.edu/buzzprice University of Central Florida Libraries http://library.ucf.edu This Report is brought to you for free and open access by the Digital Collections at STARS. It has been accepted for inclusion in Harrison "Buzz" Price Papers by an authorized administrator of STARS. For more information, please contact [email protected]. Recommended Citation Recommended Citation Harrison Price Company and Watts, Stephen S., "Current Market Value of a 40-acre Residential Tract - Palmdale, California" (1980). Harrison "Buzz" Price Papers. 58. https://stars.library.ucf.edu/buzzprice/58
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University of Central Florida University of Central Florida
STARS STARS
Harrison "Buzz" Price Papers Digital Collections
6-6-1980
Current Market Value of a 40-acre Residential Tract - Palmdale, Current Market Value of a 40-acre Residential Tract - Palmdale,
California California
Harrison Price Company
Stephen S. Watts
Part of the Tourism and Travel Commons
Find similar works at: https://stars.library.ucf.edu/buzzprice
University of Central Florida Libraries http://library.ucf.edu
This Report is brought to you for free and open access by the Digital Collections at STARS. It has been accepted for
inclusion in Harrison "Buzz" Price Papers by an authorized administrator of STARS. For more information, please
Recommended Citation Recommended Citation Harrison Price Company and Watts, Stephen S., "Current Market Value of a 40-acre Residential Tract - Palmdale, California" (1980). Harrison "Buzz" Price Papers. 58. https://stars.library.ucf.edu/buzzprice/58
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HARRISON PRICE COMPANY
Mr. """",",~'I Kloct.llrr •• JI, """'" 6. ItlO .- , .... , .,', jul, .... • H ".~. _~ 1_0 LO p .. "",,' _bot ............. pd"" of '140.000 UU,OOO p*. OC", 40 .., ••• 1. _I _.,1 .. ,1_ of .1.000 io ~ _ Io-~. _ .. _ ..0 .. 10.0<1_ .t 10 po.oooot 'ou,nt I I S •• po ' ..... """,,1 _n __ .......
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loa On 01 .. .,....1"" -... to .... Ih. tI>o vol"" Of "'" _jee. p..,.,...ty ....... .-lel .-,,0110 • 100. 4e>oel_nt ". .... _ ...... U ..-. I .... , <> _, • ...- boollde ... To do"o .. l ... u.. p._' v.'uo of _ ... rn_. _ ..... ,opoo4 "'" .,.. \yo" _ In TobL. J.
Tl>at _1,0" .. _ , .... u.. ......-._. f.l ..... b . _oh .. of .... )' , .... , 10 100.000 po. I .... l~"t ... t .. loll ...... verdoo lot p< 1ee. _ .... lot "j_o, . 0 _j..., ...... .,., ._.Iy 00101 for U3,000 I .. _.~ I. T ... I. l).)
Loot ....... _ '0 be ..,ld en . D . IL c_~ beol. ow •• u. ...... y ........ rI ... ... . h . be fI ... 10' •• 1. in I"". All ... _uo. 0l'o<I _to or. 0..,01 ........... ifo .... 10 po'CO.' ~., , • • •.
u ... Of f ...... Ind ..... 4_I_n. _to , "Of . .... u •• n4 • Hn. of c .... 1t loon ~ .... 0 f,"'" 100 .... con. of dot!dt c • • • fI_ It>al rr'" in ",. dovo,_nt "'<>9'_'
.... .... ,y ... • _ In .,..",. J 10 net of , .... _ u. _ p ....... 0''''' of . .... 0.""'''' P"'.ao c .. b flow '*p, •• en" .no f . ...... .... ,,,,, of .bo OUbjoct ... _ .. y ._~lt . .., f .... ""I ........ _ ........... .
~ •• 15 pore .. t 410".,..". <0'0 • .no .......... 1.0 of tbo p ...... «y •• ocel ..... with • I ... <10 .. 1_ •• tr ....... 10 .. L1ao<O<l .. 11" .000 0 ' .,-.... cU y ~lv.lon • • 0 ........ _ ... 0<1 ..... v,''' .... 0000_ .... _ oflu. sboc .... , . _14 ..... -ca'_ o. "" , .... to ,.,... _ ... 11 ........ OIIo1yo .. f" . ..... """, t! ..- .- ...... 14 O ' ''I~ .... _I.., ............ offo<.
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_ ........ p ....... vol ... of .bo •• j_ ..... _ .. y ... od ..... v iti> .......... . .... • '0. _I_t 1"<>9'" I. _ ...... lLy I_tic" v .'" .no po .... ,<>9 c ... .... <~ off •• of 1000.000.
I I I I I I I I I I I I I I I I I I I
HARRISON PRICE COMPANY
Mr. S',po~ T. MI~hliff • • Jr , .Ju .. 6, \090 .~. 6
S'""o _ .<>do,,""" you " .. i,. '0 o<<:<>pt <h I. off .. If <lie olfo, t. """.I".n' wiu. 0""".0.' _,k •• val .... "'" •• ~"" you ."""P' 'no offo< t<> ""y . ... p,operty on on .U <.0 • .., ",nU .... ...,. bod •• t • p.ioo 0 ' HOO . QII(l .
plo . .. coil .. If you h ... ony q ... U"". . ... OW,oeh" "' •• _,"'nity to .."k with you .. 01 • .
A c a shiers choc~ or :tr,O,OOO.OO ""de out to the \IIes~om Mu t ual Escro ... Co r p
I of Pal"dale " Ill be acceptahi<- . '1'0 sho .. the a e ile r t hat t he wye r Is In earTleat and with which to ol'cn up the escrow. '1'ltle poliCy wi ll be with
I the '1'1 tie IHourance and '1'1"ll~t Co Inc .
Yours very truly J . Shelton Gordon
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J SHELTON GORDON RU ,LT OR ~l" 1)0. "" •
U . ........ ........ _ 1000,.,,·,..,. I ....... ~ """ "N, ,,.'0
. " 00 .... '~.ooo~c' , c"."a_N'''' OJ" •
EIGHTY ACRf.S
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I " J.:1 2H h 1 9~O,
To, Wh O. H aay con" • .."
I Pro Ol , J . Shelton Go rdon
S~~l.c t , Poten ti a l offer by pr''' p'etive bu yt .. for
I I
Tll h ~O ac r u o f land 13 10e a ted on t he south ddt o f 8& ..... 1 Sl'ri n, . Road
bt . ... . " Kl Cu ,l no and t i e rra Sub i d.a In Ana Ve rde Hi lla, Pa ' edal. Califo rnia.
The Unudva • • 1' h .. ~.n prepa r e<! and nO>l Ie r • • dy fo r the final ".1' I .... r~ t he Lo. ""ad .. Coun t y r.qulru .
I I I I I I I I I I I
The u n la t ha "I' aho ws 6'1 bea" t H'IIl one a cre 1'*"".18 . Ea"h one laid ou t a" tlln nch tluyer lieu a I"'no r •• le v ie., of Anee l o,.. " aU"J' .
It h htl raa ted t hRt t he cost t o fin ish up t he flne l .. ap an d the on , lneerr ln[ t hat loee with I t .... u ld be abOu t ______ ________ _____ _ • • ____ _ $150 . 000.00
1'0 pref*re t he land into bulld lnc a H u r eady t.o build upon , I he cost o f t he _uh e eer t h .... rk and the coe t o f con tou .... d stNeta
unde r Sl"<lund utlli tl u and I ndh lduel l o t au l"Y e,.ins .auld pl"<l bally e-aun t 10 • aUM of a pprox l_ t e ly ____ ___ __ ____ _____ ___ ___ .3 . 500 . 000 . 00
To s et ..... dy 10 build ho", .. on t hh pro""rt,. .auld t.k. f roa I .... 10 th r ee
y .. r •. The devel0f* r f eele IMI the l o U would to. .ar th .1 leut $100,000. 00 ee ch. lleklns . totel • • l ea pr i ce o t ___ ____ ___ $6, 900 , 000.00
The r nl profit of cou .. ~e " ill be In act u. lly In Bulld lns t h .. r esi dences.
This could 1>0 dan' b)' joint venture ,.Hh t M pr es .. n t deve l ope r o r o r ao ... o t her cOMp,oteble . .. rans"_nt. BaU_tea . .... epPl"<lx l_t. a .. bJ.c t t o ,nsl nea r .
If t h .. potenU.l buy .. r Ie Inl ..... at .. d I " Ill be p1 ... ~e d Ie eccept an offer fo r the lllfld a . h fe r I h .. "" .. of _________ ____ • __ $1. 000 , 000 . 00
A cuMer ' s c hec ~ for $ 100 . 000 . 00 _ de 01'1 10 th~ Wu t e rn "' t ... l Eaerow Co r po r e tl on o f PalMdale .. Ill be .ccept.bl e to a how thfl pr.""nl o"". r thet the buye r is In ,.rneat and with which to open up th' u.row. TIU,
I'olley "Ill 1>0 . Ith Ihe Tltl .. Inll\l""".O and TN81 Co l ~o.
Slnce .... l ,. ,.o .. r~ . J . Sh .. lton Co r<l on