1. R E A L E S T A T E CHAD RIGBY EMAIL: car@mmcre.com OFFICE: 225-298-1250 CELL: 225-802-9916 9018 Jefferson Highway Baton Rouge, LA 70809 225.298.1250 ABITA SPRINGS, LA Abita Creek Development Commercial Offering Summary 127 Lots 65 Acres Zoned PUD Prats Dairy Rd Hickory Rd Abita Springs.3 mi SITE

2. R E A L E S T A T E CHAD RIGBY EMAIL: car@mmcre.com OFFICE: 225-298-1250 CELL: 225-802-9916 9018 Jefferson Highway Baton Rouge, LA 70809 225.298.1250 ABITA CREEK DEVELOPMENT Abita Springs, LA OVERVIEW Abita Creek Subdivision Development is located approximately 5 miles north Interstate 12 on the north side of Abita Springs, Louisiana. The 65 acre site is zoned Planned Unit Development (PUD) and located within the Abita Springs Historic District. A potential purchaser has the opportunity to commence improvement construction immediately after closing. All engineering work has been completed for the 127 lot subdivision. The property has two points of access; one from Hickory road and a main entrance from Prats Dairy Road accessing Highway 435. SITE The site contains approximately 26 acres of delineated wetlands which borders the Long Branch Creek at the north end of the property. The original site plan has allowed for 21.86 acres of green space to provide the development with a gentile setting between the pines and hardwoods of Abita Springs. The utilities provided to the subdivision include public water, sanitary sewage, telephone, underground electricity, and natural gas. Offering Price: $2,600,000

3. R E A L E S T A T E CHAD RIGBY EMAIL: car@mmcre.com OFFICE: 225-298-1250 CELL: 225-802-9916 9018 Jefferson Highway Baton Rouge, LA 70809 225.298.1250 SITE DATA Size65.67 Acres Offering Price$2,600,000 ZoningPUD Lots127 Elevation25’ above MSL TimberVolunteer Pines and Hardwoods Flood ZoneMajority X, 12 to 14 acres in AE around Long Branch Creek Utilities ElectricityUnderground (CLECO) Water & SewerPublic Natural GasTown of Abita Springs TelephoneProvided Wetlands26.22 Acres Non Wetlands39.45 Acres DelineationYes 10/3/2005 Green Space21.86 Acres Lot Size10,000 SF to 17,000 SF Drainage60% Completed, swale ditch system Road Work60% Completed, 10,300 LFT of roads. Interior roads to be turned over to Town of Abita Springs for maintenance Water & Sewer90% Completed ABITA CREEK DEVELOPMENT Abita Springs, LA TOWN OF ABITA SPRINGS Abita Springs is located approximately 30 miles north of New Orleans on the north shore of Lake Pontchartrain, and is considered part of the New Orleans Metropolitan Statistical Area. Most noted for its spring water and Abita Brewery, the town and surrounding area is home to many bed and breakfast inns, fine dining, and historic districts offering antique shops, art galleries and boutiques. Mandeville-Covington-Abita Springs Statistics Population 1 102,400 Growth Rate 1 3.6% Avg HH Income 1 $84,878 Avg All Home Price 2 (Mandeville) $325,634 Avg Detached Home 2 (Mandeville) $328,689 Avg All Home Price 2 (Covington) $261,478 Avg Detached Home 2 (Covington) $266,833 1. Statistics were taken from STDBOnline.com, an online demographics and real estate research database 2. Prices from City-Data.com

4. R E A L E S T A T E CHAD RIGBY EMAIL: car@mmcre.com OFFICE: 225-298-1250 CELL: 225-802-9916 9018 Jefferson Highway Baton Rouge, LA 70809 225.298.1250 Additional Information If you have any questions or require additional information, please contact Maestri-Murrell Real Estate Inc. SITE PHOTOS Chad Rigby 225.802.9916 car@mmcre.com ABITA CREEK DEVELOPMENT Abita Springs, LA Boyce Rigby 225.610.7415 boyce@mmcre.com Ben Stalter, CCIM 225.803.3514 bstalter@mmcre.com