200106 - 3030 Travis St - 1.15 Acres - OM

Page 1

± 1.1 5 AC R ES AT 3 0 30 T R AV IS ST BROKER CONTACT: JP Hayes, Vice President | jp.hayes@dmre.com | 713.955.4473

Downtown 158K + jobs

50M + SF office space

12 Fortune 500 companies

MIDTOWN H OUS TON BY WINDS OR CA MDEN CAMDEN PEA RL @ T HE MI X

PEARL MIDTOWN

PEA R L M IDTO WN

± 1.15 A CRE S

MIDTOWN PA RK

ANITA ST ELGIN ST

ROSALIE ST IS AV TR

ST

CA L AI S M AI’ S

BAG

BY S T

THE TRAVIS 328 UNITS 15,000 SF COMMERCI AL SPACE E TA SPRING 2020

HOLM AN DRAF T H ALL

ME TRORAIL MID M AIN LOF TS

BRA

ZOS ST

dmre.com

1


P RO P ERT Y DE TAILS A D D R ES S

3030 Travis St Houston, TX 77006

L AT., LO N G .

29.743123, -95.377697

S IZ E

±1.15 Acres

UT ILIT IES

Available

S CH OO LS

HISD: Gregory-Lincoln Ed Center Lamar HS

PA RC EL ID

0132660000001

O WN ER

Innovative Integrity Holdings LP

PRIC E

Call for pricing

R ES T R ICT IO N S

None

LEGA L

LTS 1 THRU 10 BLK 48 FAIRGROUNDS

D E T ENT IO N

Onsite

F LO O D P L A IN

No

dmre.com

2


2019 DEMOGRAPHICS 0-1 mi

0-3 mile

0-5 miles

2019 POPU L ATION ESTIM AT E

24,670

190,920

458,022

5-YR EST. POPU L ATION GRO W TH

3.6%

4.5%

4.6%

AVERAG E HOUSEHO LD INCOME

$105,563

$124,018

$118,007

M EDI AN VALUE OF OWNER OCCUP IED HO USING U N ITS

$277,097

$296,767

$266,340

2 0 1 9 TA X R AT E S 001

HOUSTON ISD

1.136700

040

HARRIS COUNTY

0.407130

041

HARRIS CO FLOOD CNTRL

0.027920

042

PORT OF HOUSTON AUTHY

043

MAKING AN OFFER Offers should be presented in the form of a non-binding Letter of Intent, and should include: • Pricing

• Description of Debt/Equity Structure

0.010740

• Due Diligence and Closing Timeframe

• Qualifications to Close

HARRIS CO HOSP DIST

0.165910

• Earnest Money Deposit

• Development Plans

044

HARRIS CO EDUC DEPT

0.005000

048

HOU COMMUNITY COLLEGE

0.100263

061

CITY OF HOUSTON

0.567920

Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the marketing and sale of this property. All inquiries about the Property should be directed to DMRE.

TOTAL

CLICK HERE FOR LISTING

2.421583

dmre.com

3

dmre.com

3


A REA HIG HLIGHTS

GALLERI A/U P TO WN

M EM O R I A L PA R K

One of the largest urban parks in the United States.

MONTROSE

H AN OVER MONTROS E

Home Values up to $1.4M

AVANT G A RD EN

PEA R L M IDTOWN

THE TRAVIS 3 2 8 UNITS 1 5 ,0 0 0 SF CO MMER CI AL SPACE E TA SPR IN G 2 0 2 0 CA L A IS MID M AIN LO F TS

TRAVIS ST

ST

PEA R L M IDTOWN

±1 . 1 5 AC R E S M IDTO WN PA R K

MILAM ST

GIN EL

MONTROSE BLVD

ITA N A

ST

PEA R L @ T HE M I X C A M DEN C A MD EN M E T R O R A IL

dmre.com

4


P RO P ERT Y SURV EY

±1.1 5 ACRES

200'

200'

2 5 0 .2 9 '

2 5 0 .2 9 '

dmre.com

5


A REA HIG HLIGHTS

dmre.com

6


P RIM E LO C ATIO N P R I M E D E VELOPMENT SIT E I N M I DTO W N

• Located in the heart of Midtown with quick access to popular eateries, 40+ lively bars, and Downtown Houston. • Close proximity to the University of Houston which has a student population of 46,000+ students and a faculty of about 2,700+.

C O N V E N I E NT ACCESS TO T HE M E TR O R AI L • The Metrorail is a block east of the site.

• I-69 and I-45 is less than a mile from the site. • Fast access to Downtown which is home to over 150,000 employees – with 9 major headquarters such as Chevron, Shell, and Center Point Energy. Downtown Houston has over 50 million SF of office space.

C LO SE TO HOUSTON’S BEST E NTE RTAI NMENT A ND RE TAI L

• Adjacent to Midtown Park; a 6 acre site that includes a public park, retail space, public parking garage developed by Midtown Houston, and a private eight-story multifamily residential development by Camden.

University of Houston

Midtown Park

Downtown Houston

Midtown Nightlife - Axelrad

dmre.com

7


LIS T IN G S TEAM

JP Hayes

David Marshall

Tim Dosch

Vice President jp.hayes@dmre.com 713.955.4473

Principal david@dmre.com 713.955.3126

Principal tim@dmre.com 713.955.3127

Tom Dosch

Clark Dalton

Principal tom@dmre.com 713.955.3125

Senior Vice President clark.dalton@dmre.com 713.955.3122

M ARKE TING & OPERATIONS TEAM

Courtney Ray Marketing Director

Jessica Mercado

Joann Lim

Jessica Lukert

Administrative Coordinator

Marketing Coordinator

Administrative Coordinator

dmre.com

8


INFORM ATION ABOUT BROKERAGE SERVICES APPROVED BY THE TEXAS REAL ESTATE COMMISSION FOR VOLUNTARY USE. TEXAS L AW REQUIRES ALL REAL ESTATE LICENSEES TO GIVE THE FOLLOWING INFORM ATION ABOUT BROKERAGE SERVICES TO PROSPECTIVE BUYERS, TEN ANTS, SELLERS AND L ANDLORDS. Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act.

I F T HE BR O KER R EPRESE NTS T H E OW NER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.

2. may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner;

I F T HE BR O KER R EPRESE NTS T H E B UY ER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

A broker who acts as an intermediary in a transaction:

If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.

1. shall treat all parties honestly;

3. may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and 4. may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

BROKER FIRST NAME

BUYER, SELLER, LANDLORD OR TENANT

LICENSE NO.

EMAIL

PHONE

BUYER, SELLER, LANDLORD OR TENANT

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.


Contact Us

www.dmre.com

Houston:

Dallas/Fort Worth:

Austin/San Antonio:

713.955.3120

775.815.7387

254.913.1931

777 Post Oak Blvd, Suite 255 Houston, TX 77056

2833 Crockett St, Suite 136 Fort Worth, TX 76107

600 Congress Ave, 14th Floor Austin, TX 78701

dmre.com

10


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.