0 N State Route 89 -- Unit 6759381 Chino Valley, AZ 86323

+/-2,036 acres adjacent to Arizona's Newest State Park! Del Rio Springs is a unique offering of prime development land. Historically enriched with ambiance of western settlements & natural beauty, Del Rio Springs will give rise to an authentic & unmatched new community with a new state park underway next door as a natural amenity. The town's new General Plan will allow for various lot sizes and a total allowed residential density of 1,188 units, along with some additional commercial use. The investment highlights include a significant water portfolio that may be used for residential development in the AMA. The terrain is rural with natural vegetation, grasslands & rolling hills offering spectacular views. Current ranching operations require permission to enter the property. HISTORYDel Rio Springs is part of Arizona's rich history conveniently located adjacent toSR-89, between Road 5 North and Bethany Lane in Chino Valley, Yavapai County,Arizona. It is the location of the original Camp Whipple established in December1863. From January to May 1864, the site of the first Territorial Capital of Arizonawas established at Del Rio Springs, operating from tents and log cabins untilbeing moved later that year to Prescott. In 1895 a narrow-gauge branch ofthe United Verde and Pacific Railroad was competed, and Jerome Junction wasestablished just south of Del Rio Springs. In 1909 AT & SF Railroad, in conjunctionwith the Fred Harvey organization purchased this ranch to supply all the milk andeggs to the western division of the Harvey Restaurant operations and providewintering grounds for the famous Grand Canyon mules that took wide-eyedtourists down Bright Angel Trail.AREA" At an elevation of 4,656 and only 20 minutes from Prescott, the Town of ChinoValley offers four mild seasons and ample opportunities to enjoy the fresh airand sunshine. Shopping, restaurants, golfing and entertainment are availablelocally or in the neighboring communities of Prescott and Prescott Valley." Outdoor enthusiasts can enjoy the natural and rural beauty that the DelRio Springs community will offer or set out to explore the many nearbynatural hikes, trails and hills located in the Prescott National Forest, GraniteMountain Wilderness Area, or nearby rivers and lakes." The Verde River Headwaters State Park, an approximate 1,000-acresite currently in the planning stages for development, will be located on theeast side of SR-89 directly across from the property. This new State Parkwill be used for historic protection and interpretation, outdoor recreation,and perseveration of the natural resources on the site. It will become anincredible natural amenity to the Del Rio Springs community. A copy of theproposed master plan for the Verde River Headwaters State Park is includedon pages 14 and 15 of this brochure." The Peavine National Recreation Trail is a beautiful trail that follows theformer Santa Fe, Prescott & Phoenix Railway corridor that fed into Prescott.It is popular for hiking, mountain biking, horseback riding, and runningas it traverses through the Watson Woods Riparian Preserve, winds undera canopy of trees near Granite Creek, curves around Watson Lake, andpasses through the massive mounds of weather-beaten rock in the GraniteDells. With the creation of the Verde River Headwater State Park, additionalportions of the Peavine Trail will be improved along the former rail bed justeast of the Del Rio Springs property, eventually connecting the trail fromPrescott to the Headwaters of the Verde River