Land · Commercial · Conservation · Property Management5120 S. Lakeland Drive, Suite 3 · Lakeland, FL 33813Phone: 863-648-1528 · Toll Free: 1-877-518 LAND

www.saundersrealestate.com

2 x 4 Ranch, DeSoto County

Approved Zoningas Mixed UseDevelopment

5,700 +/- Acres

New Priceas of

May 2009

Owner willconsiderdividing

Coldwell Banker CommercialSaunders Real Estate is pleasedto offer a unique and wellpositioned real estateinvestment property inSouthwest Florida.

The property, known as the 2 x4 Ranch, is 5,700 +/- acreslocated near Arcadia, DeSoto

County, Florida. This is apristine Florida ranch propertythat is presently being utilized asa cattle ranch including leases forvegetable farming and sodproduction. The property alsocontains a highly desirablecommercial citrus grove that isjust beginning to reach itsproductive potential. Theoverall property is dry and welldrained with less than 10%wetlands areas.

The owner has investedsignificant resources inpositioning the propertyas a great real estateinvestment opportunity.Under the DeSotoCounty ComprehensivePlan, the 2 x 4 Ranch isone of only two landtracts in DeSoto County

2 x 4 Ranch, DeSoto Countydesignated as a New MasterPlanned Community.The property is permitted for10,000 Residential Units withinboth a Village-type developmentand small acreage rural residentialuse. There is also 1,000,000square feet of commercialutilization permitted on the

property. Water, sewer, and other necessary utilities are availableto the property. Design of the property can accommodate a varietyof themes as a self contained community where residents can live,work, shop and play while interacting with the naturalenvironment.

The southern DeSoto Countyarea is easily accessible to thegrowing Southwest Floridaarea which includes Naples,Ft. Myers, and Port Charlotte.Beautiful Charlotte Harborand famous beach destinations

such as Sanibel,Boca Grande,Little GasparillaIsland andEnglewood are an easy drive. The Southwest FloridaInternational Airport in Ft. Myers is just a 50 miledrive.

We invite you to review this summary information onthis unique property and to call us for more details onthis valuable Florida real estate investmentopportunity.

012609A/RT

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Acreage: 5,700 +/- acres

Property Description: Currently a ranch and grove with zoning for mixed use development.This property is one of two new designated communities in DeSoto County!

Price: $59,900,000 ($10,500 per acre) NEW PRICE $35,000,000 ($6,150 per acre)(Owner is willing to sell 1,000 acre grove tract separately. Also will subdivide the ranch property intosmaller units subject to lender approval.)

Location: 4.5 miles SSE of Arcadia, FL on east side of SR 31

Address: 5077 SE 2 x 4 Ranch Road; Arcadia, Florida 34266

Future Land Use: Neighborhood Mixed Use - PUD - 10,000 residential units,1,000,000 SF Commercial

Due Diligence: There has been significant due diligence studies conducted on the property which are availablefor review.

Current Land Use: Agricultural, Ranch, Farming, Cattle, Citrus; Rural Residential

Existing Improvements: 4 houses, barns, office, shop, cattle pens

Road Frontage: 2 +/- miles on SR 31; Fee Simple access to SR 760 (Hog Bay Road) on north end

Uplands/Wetlands: 5,200 +/- acres uplands; 500 +/- acres wetlands

Natural Water: Grove water retention; Deep Lake

Fencing: Perimeter and internal wire

Water: Wells; DeSoto County potable available at frontage

Soil: Various soil types suitable for pasture, farming, and citrus operations. Soil borings indicate pockets of potential FDOT grade shell on the property

Utilities: Potable water is available to the property in quantities sufficient for the proposed development. Sanitary sewers will discharge to the countytreatment plant adjacent to the property which will have the capacity to service the proposed development. Natural Gas available at property.

Irrigation: Citrus microjet; pasture pivot & flood; Agricultural irrigation water is provided by 2 MGD water use permit wells, development irrigation willbe available from the county treatment plant adjacent to the property.

STR: S35 - T38S - R25E

Endangered species: Based upon surveys conducted to date, there are no significantendangered species located on the property.

2 x 4 Ranch Aerial

· Obtained County approval of a 586 lot Planned Unit Developmentphase prior to obtaining Development of Regional Impact approval.

· Obtained a county-wide comprehensive plan amendment.· Obtained specific property zoning permitting a potential project density

of 10,000 residential units with up to 1,000,000 SF of commercial space.· Increased citrus revenues· Negotiated the county construction of an 8 MGD phased construction

sanitary sewer treatment plant on the 2 x 4 Ranch.

Completed the following:· Boundary Survey of the property · Archeological Study· Endangered Species Study · Jurisdictional Wetland Study· Geotechnical Study · Topographic Mapping· Conceptual Planning· Assembled a DRI consultant team for the property

Completed Property Enhancements Since Original Acquisition

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ConceptualPlans

2 x 4 Ranch Sample Concept Plan

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While every attempt is made to provide as accurate information on this property offering as possible, COLDWELL BANKER COMMERCIAL SAUNDERS REALESTATE (CBCSRE) does not guarantee the accuracy thereof. Buyer shall rely entirely on their own information and inspection of property and records.© 2009Copyright Coldwell Banker Commercial Saunders Real Estate, All Rights Reserved, Worldwide: All content inclusive of text, graphics, images, and logos is theproperty of CBCSRE. You may not copy this material by any means (including electronic copies), reproduce, duplicate, scan, modify, publish, transfer, use on yourown website, distribute, or create a derivative work without receiving written permission from CBCSRE.

Conceptual Plans

St. Pete

Sarasota

Ft. Myers

Avon Park

I-75

I-4

SITE

Directions:From downtown Arcadia go east onSR 70 to intersection SR 31.

Turn south on SR 31 and continue 4.5miles to ranch entrance on left (east sideof SR 31).

2 miles frontage on SR 31

SR 70

SR 31

US 17

Please call Rob Teston (orthe Saunders sales agent thatyou currently work with) toschedule an appointment.

5120 S. Lakeland DriveSuite 3Lakeland, FL 33813

Land · Commercial · Conservation · Property Management

2 x 4 Ranch, DeSoto County5,700 +/- Acres - Approved Zoning as Mixed Use Development

New Price as ofMay 2009