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Past Performance
Miller & Zimmerly and affiliates have a history of success.
Over the years, we've proven again and again that our Formula for Success is based on sound real estate investment principles. Here is a sampling of our past projects:*
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Thousand Palms We purchased and entitled this 30-acre property. Our experts received approvals for 98 single-family homes. We sold it 18 months later.
Invested: $1,450,000 Returned: $2,199,000 Investment Margin: $749,000
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Dartmouth Square We purchased this property and planned a Class A, office-condominium building for the site. We ended up flipping the land to a developer 21 months later.
Invested: $285,000 Returned: $1,407,000 Investment Margin: $1,122,000
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Las Brisas We invested $4.2 million in this 5.4-acre property. Our experts planned a premier office complex featuring three Spanish-style buildings with shared courtyards. We sold the property 22 months later.
Invested: $4,200,000 Returned: $5,683,000 Investment Margin: $1,483,000
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Luckey Ranch We purchased and entitled this 177-acre property. We prepared the conceptual layout for a master planned community and performed all of the engineering and studies to obtain tentative tract approvals. The master plan included 1,147 lots. The master plan also included a 20-acre city park and elementary school site. We sold the property–with only the master plan approval–to a builder 10 months later.
Invested: $7,557,000 Returned: $21,853,000 Investment Margin: $14,296,000
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Cimarron Heights We purchased and entitled this 30-acre property. Our experts planned and received tentative tract map approval for 87 single-family lots. We sold the land 14 months later, six months earlier than anticipated. Invested: $1,885,000 Returned: $7,875,000 Investment Margin: $5,990,000
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I-205 Commerce Park We purchased this raw 30-acre property in 2003. The site contained wetlands and required mitigation. Our team of experts designed, planned, and engineered the site for 300,000 square feet of flex building development. With approvals in hand, we sold the property 45 months later.
Invested: $1,850,000 Returned: $3,960,000 Investment Margin: $2,110,000
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Moreno Valley We purchased and entitled this 18-acre property. Our team of experts planned and received approvals for 72 single-family homes. We sold the land with approvals four months later.
Invested: $1,276,000 Returned: $2,339,000 Investment Margin: $1,063,000
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Beveland Business Center We purchased and developed these office buildings, selling them approximately 16 months later.
*Due to certain tax exchanges, the calculation of the invested and returned amounts are unavailable for this project.
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* Past performance is not an indicator of future results.
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