±10.41 Acres at Beltway 8 & Piney Trails TL
ND RD
FUTURE DEVELOPMENT
LA
LIT
NE PI
D
KR R O EY
Sheldon ISD - 570,000 SF campus on 185 acres - 3,500 students - 10,000-seat football stadium FLOSSMOOR ST
HOMETTE ST N
ILL L
H SON DAW
BLUE GRASS LN
±10.41 ACRES
SUNRISE PINES
HOME PRICES UP TO $215K
MEADOWVINE DR
JOH
B R O K E R C O N TA C T Clark Dalton, Senior Vice President | clark.dalton@dmre.com | 713.955.3122 GARDENIA MIST LN
SUNTURF LN
CARRIAGE CT
RAMBLER DR
ORCHID SPRING LN
SANDERS ROSE LN
WALDENS POND CT
EVANS BROOK LN
JASMINE LANDING LN
PINEY TRAILS LN
TIFWAY LN
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Property Details D
2019 TAX RATES
DETAILS ND
RD
Sheldon ISD - 570,000 SF campus on 185 acres - 3,500 students - 10,000-seat football stadium
LA
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FUTURE DEVELOPMENT
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At A Glance
ADDRESS
FLOSSMOOR ST
NWC Beltway 8 & Piney Trails Houston, TX 77044
HOMETTE ST ILL ON H
S
DAW
LAT., LONG.
LN
BLUE GRASS LN
±10.41 ACRES
SUNRISE PINES
29.868899, -95.188905
023
SHELDON ISD
1.470000
040
HARRIS COUNTY
0.418580
041
HARRIS CO FLOOD CNTRL
0.028770
042
PORT OF HOUSTON AUTHY
0.011550
043
HARRIS CO HOSP DIST
0.171080
044
HARRIS CO EDUC DEPT
0.005190
047
SAN JACINTO COM COL D
0.179329
670
HC EMERG SRV DIST 60
0.050000
672
HC EMERG SRV DIST 2
0.030000
HOME PRICES UP TO $215K
MEADOWVINE DR
All inquiries about the Property should be directed to DMRE.
UTILITIES
Adjoining and under letter commitment from Parkway MUD
SUNTURF LN
Dosch Marshall Real Estate (DMRE) has LAUREN FOREST LN been exclusively retained to represent the Seller in the marketing and sale of this property.
±10.41 Acres
RAMBLER DR
CARRIAGE CT
JOHN DILLON LN
GARDENIA MIST LN
ORCHID SPRING LN
SANDERS ROSE LN
WALDENS POND CT
EVANS BROOK LN
JASMINE LANDING LN
PINEY TRAILS LN
SIZE
TIFWAY LN
SCHOOLS
Sheldon ISD
AVALON CT
PARCEL ID
TOTAL
0421240000005 Hornberger Bros Prop Inc
CLICK HERE FOR LISTING
MAKING AN OFFER
Offers should be presented in the form of a non-binding Letter of Intent, and should include: • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit
• Description of Debt/ Equity Structure • Qualifications to Close • Development Plans
2018 DEMOGRAPHICS 0-1 mi
OWNER
TR 1 ABST 263 J FLANDERS
0-3 mile
0-5 miles
35,600
105,547
Est. Population 2018 5,177
LEGAL
2.364499
5-Yr Est. Population Growth 2.5%
2.5%
2.8%
Average Household Income PRICE
TBD by Market
$78,259
$62,807
$75,268
Median Value Of Owner Occupied Housing Units $135,507
$121,378
$143,653
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Area Highlights RD
MESA DR
M
BL E
PRIME LAND SITE IN KINGWOOD AREA
OL D
HU
Convenient Care Center
LOCATED IN THE HEART OF THE LAKE HOUSTON REGION WHICH CONSISTS OF KINGWOOD, ATASCOCITA, SUMMERWOOOD, GENERATION PARK AND HUMBLE
Lake Houston
LAKE HOUSTON
W LAKE HOUSTON PKWY
• The region has a total population of 256,074 • Located just 20 miles north of Downtown Houston
ATASCA WOODS
Home Values up to $500K
ATASCOCITA SOUTH
Atascocita Plaza
Atascocita Commons
Home Values up to $300K
ATASCOCITA RD
ZONED TO HUMBLE ISD THE #6 BEST Golf Club of Houston SCHOOL DISTRICT IN THE HOUSTON AREA
Dwight D. Eisenhower Park KWY
CLOSE TO LAKE HOUSTON’S BEST ENTERTAINMENT AND RETAIL
KINGS P
KINGWOOD GLEN VILLAGE Home Values up to $350K
WEST LAKE HOU STON P KWY Holy Trinity Episcopal School
• Atascocita Town Center, Atascocita Commons, The Market at Lake Houston, and Life Time Fitness KWY ±35.738 are within 1 mile of the Property STON P U O H E K Kings A L N • The master planned communities of Kingwood, Park Sheldon Independent School MT HOUSTON RD Generation Park, and Fall Creek Summerwood, are within 6 miles off the Property
ACRES
E DR
R LAK
UPPE
Michael R. Null Middle School
LITTLE YORK RD
Home Values up to $450K
HOUSTON GARRETTLAKE RD5 MILES
COMMONS 2 MILES
SHELDON RD
HOUSTON MOTORSPORTS PARK
CE KING PKWY
RIO BRAVO MOTOCROSS PARK
KINGS RIVER VILLAGE ATASCOCITA
FUTURE DEVELOPMENT
Sheldon ISD - 570,000 SF campus on 185 acres - 3,500 students - 10,000-seat football stadium
MESA RD
H.M. Carroll Elementary School
±10.41 ACRES
Sheldon Lake State Park and Environmental Learning Center
GENERATION PARK 9 MILES
BUSH AIRPORT 10 MILES
The Rhodes School - Tidwell Campus Monahan Elementary School
TIDWELL RD
Brock Park Golf Course
Cravens Early Childhood Academy C.E. King Middle School C.E. King High School Crenshaw Memorial Stadium
Gene Green Beltway 8 Park
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Property Survey
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Prime Land Site RD BL E HU M
• Approximately 749.48 feet off of frontage on Beltway 8
MESA DR
PRIME DEVELOPMENT OPPORTUNITY IN SOUTHEAST HOUSTON
Convenient Care Center
OL D
Property Details
Lake Houston
• 2.5 miles from the intersection of Beltway 8 and US-90/Crosby Freeway W LAKE HOUSTON PKWY
• Less than 4.5 miles from retail at Beltway 8 and W Lake Houston Parkway
CONVENIENT ACCESS TO A FEW OF HOUSTON'S MAJOR EMPLOYMENT AREAS
Dwight D. Eisenhower Park
Golf Club of Houston
• The 4000 acre master-planned commercial park, Generation Park; is located just 2 miles away
• One of the largest petrochemical facilities on the Gulf Coast that covers an area of almost 3,900 acres, LyondellBasell-Channelview Complex; is located 4.5 miles away
MT HOUSTON RD
• Port of Houston is located 8 miles away from the property
Sheldon Independent School Michael R. Null Middle School
LITTLE YORK RD MESA RD
• The bond package will include funds for a number of projects, including a new high school to replace the existing C.E. King High School, and a new elementary school.
GARRETT RD SHELDON RD
HOUSTON MOTORSPORTS PARK
CE KING PKWY
RIO BRAVO MOTOCROSS PARK
LOCATED IN ONE OF TEXAS'S FASTEST GROWING SCHOOL DISTRICTS
• Sheldon ISD’s new school complex is well under construction and will be completed in phases with the first project completed by 2019.
Holy Trinity Episcopal School
N PKWY
OUSTO
H N LAKE
FUTURE DEVELOPMENT
Sheldon ISD - 570,000 SF campus on 185 acres - 3,500 students - 10,000-seat football stadium
H.M. Carroll Elementary School
±10.41 ACRES
Sheldon Lake State Park and Environmental Learning Center
The Rhodes School - Tidwell Campus
• Athletic and recreational spaces will receive upgrades, playgrounds at ECAs and elementary schools will be refurbished, and new athletic facilities will be constructed.
Monahan Elementary School
TIDWELL RD
GENERATRION PARK Brock Park Golf Course 2 MILES
Cravens Early Childhood Academy C.E. King Middle School C.E. King High School Crenshaw Memorial Stadium
Gene Green Beltway 8 Park
SHELDON ISD 3.4 MILES
LEY RD
SITE
LYONDELLBASELL 4.5 MILES
PORT OF HOUSTON 8 MILES
HOUSTON
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Area Highlights
Generation Park
4,000-acre master-planned commercial park driving the expansion of one of Houston’s fastest growing economic and residential corridors, Lake Houston
TOP EMPLOYERS
GHX INDUSTRIAL, LLC (RENDERING)
LOCKWOOD BUSINESS PARK • Located at 13300 Lockwood Road, just south of West Lake Houston Parkway and across from TechnipFMC’s 173-acre campus • Three build-to-suit industrial and flex-office buildings available for lease with space available from ±6,400 to 57,600 SF 250 ASSAY STREET • 86,523 SF mixed-use office building GHX INDUSTRIAL, LLC • Expected to move into their new 143,500 SF Houston distribution center and headquarters in Lockwood Business Park at the end of 2017 • Will include 121,000 square feet of warehouse and shop space and 22,500 square feet of office space MCCORD DEVELOPMENT • Recently occupied their new headquarters on the 2nd floor of 250 Assay St this year (2017)
250 ASSAY STREET
APACHE INDUSTRIAL SERVICES, INC. • Preparing to move into the 4th and 5th floors of 250 Assay Street, with occupancy expected before the end of 2017 SAN JACINTO COLLEGE • Recently closed on 57 acres at Generation Park, just across Lockwood Road from the TechnipFMC campus TECHNIPFMC (FORMERLY FMC TECHNOLOGIES) • Part of TechnipFMC, after a merge with Technip in 2017 TECHNIP FMC
• Produce equipment for exploration and production of hydrocarbons • Named by Fortune (magazine) as the World’s Most Admired Oil and Gas Equipment, Service Company. • 20,000 employees worldwide; they plan to transition all 3,700 Houston-area employees to the Generation Park facility (an approximately 173-acre campus) quarter of 2017
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Area Highlights Highlights
Capital Investment The Port Houston area continues to exhibit strong market fundamentals. Much of the market activity is driven by the strong downstream sector and petrochemical boom, which provides strategic advantages to East Houston. Under Construction Bayport Wharf #2, the fourth wharf at the terminal, is currently under construction, and Barbours Cut Wharf #2 reconstruction is in progress. Expects to invest $333 million in capital projects over 2017 and 2018, including adding Post-Panamax cranes where needed
1.2 million jobs are provided by the port
Home to the 2nd largest petrochemical complex in world
$265 billion in economic impact
Home to the largest petrochemical complex in the U.S.
$314M infrastructure improvement plan was recently begun
2018 saw a six percent increase from 2017 of container TEU through the first six months of 2018
No. 1 U.S. port in foreign waterborne tonnage
Operating revenues of
No. 1 port in the U.S. Gulf Coast by TEU throughput
set two monthly records during the first half of 2018
$179,000,000
8,300+ vessel calls, 20,000+ ship movements, and 200,000+ barge transits annually
Industrial Market
Q2 2018 Data from Colliers More than 12.3 million SF of industrial space is currently under construction, much of that in the form of distribution and logistics facilities Houston’s industrial market posted 231,558 of negative net absorption in the second quarter; the negative absorption as a percentage of the total existing industrial inventory is a small number and was mostly the effect of tenants relocating to newly delivered space, leaving older space vacant Tenants that relocated or expanded into newly constructed space during Q1 2018 include B&H Bag Company (186,306 SF) in the Northwest Outliers submarket, Evoqua Water Technologies (107,000 SF) in the North Hardy Toll Rd submarket and ThyssenKrupp (71,916 SF) in the North Fwy/ Tomball Pky submarket
Area Highlights Markets
74%
Foreign Trade Sub Zones
PLASTICRESINS manufactured in the U.S come out of Houston
Resins/plastics and chemicals/minerals account for 46.7 percent of Port Houston’s exported TEUs (twenty-foot equivalent unit) An estimated 250,000 TEUs in new exports will be created by 2019 as newly delivered petrochemical projects ramp up production
Development Since 1986, the number of businesses in Houston engaging in international trade has grown from 1,963 to more than 3,250
LyondellBasell/Channelview Complex
Contanda Terminals
Companies cite the cheap cost of fuel, the large inventory of natural gas liquids available as well as access to foreign markets through exports as a source of growth in the petrochemical industry
One of the largest petrochemical facilities on the Gulf Coast, covering an area of almost 3,900 acres Two large manufacturing facilities and a workforce of more than 2,000 people
Signed a multiyear commercial agreement with the Port of Houston Authority for 339 acres on the Houston Ship Channel Provider of bulk liquid storage and logistics services
Payroll and benefits of more than $156 million per year
Already operates three storage terminals in the Houston area
1.0 million square feet for Ikea
Goods and services purchases of approximately $824 million per year
Pontikes Development
960,000 square feet for Katoen Natie
LyondellBasell/Petrochemical plant
Planning a 3.0 million-square-foot- multimodal logistics and distribution center on 246 acres
Projects soon to break ground:
Broke ground on Aug. 22, 2018 on a $2.4 billion petrochemical plant near the Houston Ship Channel, the largest factory of its kind in the world
The first phase of the 3 million-square-foot development is expected to deliver in the third quarter of 2018
Projects recently completed:
750,000 square feet for Ravago Americas 500,000 square feet for Vinmar
Would create some 2,500 construction jobs and 160 permanent positions at the plant Their most expensive project ever at $2.4 billion
Our Team Clark Dalton
David Marshall
Tim Dosch
Senior Vice President clark.dalton@dmre.com 713.955.3122
Principal david@dmre.com 713.955.3126
Principal tim@dmre.com 713.955.3127
JP Hayes
Brooks Shanklin
Vice President jp.hayes@dmre.com 713.955.4473
Vice President brooks.shanklin@dmre.com 713.955.4472
M A R K E T I N G & O P E R AT I O N S T E A M
Courtney Ray Marketing Director
Jessica Mercado
Joann Lim
Jessica Lukert
Administrative Coordinator
Marketing Coordinator
Administrative Coordinator
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10-10-11 Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
Information About Brokerage Services
B
efore 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.
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. A broker who acts as an intermediary in a transaction:
IF THE BROKER REPRESENTS THE OWNER: 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.
(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.
IF THE BROKER REPRESENTS THE BUYER: 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. 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
(1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner; (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
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. 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.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant
Date
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 , 512-936-3000 (http://www.trec.texas.gov)
TREC No. OP-K
Contact Us
www.dmre.com
Austin/San Antonio:
Dallas/Fort Worth:
Houston:
254.913.1931
775.815.7387
713.955.3120
600 Congress Ave, 14th Floor Austin, TX 78701
2833 Crockett St, Suite 136 Fort Worth, TX 76107
777 Post Oak Blvd, Suite 255 Houston, TX 77056
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