The second parcel included is 62 Alteza tax i.d. 129002718. As conveyed by Seller, a development application has been submitted to Santa Fe County for the creation of a "Summary Subdivision," creating five (5) legal lots of record and adjusting an existing lot line to create a 21.57 acre parcel of land that is currently zoned commercial by Santa Fe County zoning designations. The remaining balance of 77.560 acres has the potential to be developed into eighteen (18) additional residential lots. 16.0 acres of this proposed 77.560 acre parcel will be designated as open space, allowing for a density transfer to the remaining parcel. This is a fantastic commercial and residential development opportunity.