0 Goldbar Drive Moorpark, CA 93021

Opportunity for Indsutrial Developer-User/Investor or JV Partner. North Hills Industrial Park Project, approved & partially developed consisting of 17 lots. Existing TR 5147 Conditions of Approval & recorded Development Agreement. Improvement bonds are posted & the first 7 lots are rough-graded. Completion of improved access road and utilities pending. 1+acre lots are designed for support industry, small manufacturing or small business park uses. Lots can be assembled for large users. TTM 5906, replacing TR 5147, is approved and Improvement Plan revisions are pending to accomodate revised circulation connection to North Hills Parkway.Fill Dirt import underway. Construction to resume upon recordation of TR 5906 Final Map, estimated 2 months. $10M cash or $5M buy-in for JV. Original List Price, December 17, 2010, was $14,500,000. Sale does not include off-site utilities construction, common area improvements, paving or CCG & sidewalks.