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ESTATES OF MIA LAGO Development Opportunity - 118 Acres Commercial Lots + Residential Lots + Undeveloped land with 2750 ft. of water front + access to Lake Conroe 133 Mia Lago, Montgomery, TX 77356
TWO COMMERCIAL LOTS 4.838 acres + 5.265 acres= 10.103 acres total These 2 lots flank the entry way into Estates of Mia Lago on Lone Star Pkwy. Across from these 2 commercial lots is a new Kroger Store and shopping center. There are many upcoming commercial developments just down the street on TX 105.
WELCOME TO ESTATES OF MIA LAGO A unique development opportunity is available in the city of Montgomery, Texas off TX 105. Adjacent to Conroe, Texas, the fastest growing city in Texas, Estates of Mia Lago is superbly positioned to offer all the ingredients for a great venture which includes both commercial and some water front residential development. There are two commercial lots equaling a little over 10 acres that flank the impressive entry way of Estates of Mia Lago. A new Kroger store and shopping center are directly across from the entrance along with many upcoming commercial developments located nearby on TX 105.
Gigi Huang 832.256.5673 gigi.huang@sothebyshomes.com Martha Turner Sotheby’s International Realty
SECTION 1 Platted with 27 lots, 5 of which have been sold. Currently 20 lots plus 2 lots with new single family homes constructed by the Seller but never occupied is included in the package. The 20 lots available total 30.761 acres+2 lots w/homes, 2.544 acres=33.305 acres. The smaller home, 3600 SF is non-water front on 1 acre lot. The larger home, 7220 SF, on 1.544-acre water front lot. The Seller built a lake that flows in the back of these 11 lots + 1 lot with new construction home built by the Seller. A lovely walking path was built on the other side of the lake which crosses over a small bridge onto the sidewalk of Section 1, which allows the residents to enjoy and stroll along the lake.
2016 MONTGOMERY PRIMARY RETAIL TRADE AREA DEMOGRAPHIC PROFILE Population . . . . . . . . . . . . . . . 48,872
Laughlan Park
Dacus
Projected Population Growth (2016-2021) . . . . . . . . . 11.59%
1097 1097
149
Race Classification White Alone . . . . . . . . . . . . . 90.76% Black or African America Alone . . . .2.90% Other . . . . . . . . . . . . . . . . . .6.34%
Dickling Park
1486
45 MONTGOMERY
Hispanic or Latino by Origin . . . . 9.33%
Thunderbird Park Deep River Park
Keenan
105
Spillway Park
Honea
2854
Conroe
Average Household Income . . . $108,402 Median Household Income . . . . $74,617 Median Age . . . . . . . . . . . . . . . . . 44 Households . . . . . . . . . . . . . . . 19,212 Projected Household Growth (2016-2021) . . . . . . . . . 12.01%
Todd Karen
source www.montgomerytexas.gov
SECTION 2 & 3 Undeveloped land totaling 74.798 acres. The Seller built a canal along the side of this tract that connects to Stewart Creek which accesses Lake Conroe. The CANAL is 2,750 ft long, approximately 100 ft wide and 10-15 ft in depth.
CANAL 2750 ft. LONG
These are potential great water front properties. A deck to dock boats was included in the plans for the canal but was not finish out.
POTENTIAL WATER FRONT PROPERTIES
HOUSEHOLD INCOME DISTRIBUTION
THE MARKET AREA
10K
Conroe is the fastest growing city in Texas. Many new developments within 20 minutes of Mia Lago. Mia Lago is in the city of Montgomery adjacent to Conroe
7.5K
30 minutes from The Woodlands Future Developments Nearby:
5K
Grand Central Park by Johnson Development Woodland Hill by Howard Hughes Corp
2.5K
0K
<$10K
$10K$20K
$20K$30K
$30K$40K
$40K$50K
$50K$60K
$60K$70K
$75K$100K
> $100K
source www.www.gcedc.org
ESTATES OF MIA LAGO: SUMMARY Commercial Lot . . . . . . . . . . . . 4,838 acres Commercial Lot . . . . . . . . . . . . 5.265 acres
Residential Section 1 (20 lots) . . . . . . . . . . . 30,765 acres Section 1: 2 lots w/ NC homes . . . . 2.544 acres Section 2&3 . . . . . . . . . . . . . . . 74.798 acres
Total Acreage . . . . . . . . . . . . 118.206 acres
Section 1 of Mia Lago has been platted with 27 lots, five of which have been sold. 20 lots totaling 30.761 acres are accompanied by a 3600 square feet home on one acre, and a 7220 square foot water-front home sited on 1.544 acre. Masterfully planned, Seller built a lake that flows behind 11 of these lots. A connecting bridge provides enjoyment of a beautiful walking path positioned on the opposite of the lake. In Sections 2 & 3 the undeveloped land totals 74.798 acres. This tract boasts a canal, 2750 ft. long and 100 ft. wide and 9 to 15 ft. depth. This is extremely attractive adding great potential for water front properties. The canal is interconnected with Stewart Creek which lends access to Lake Conroe. Estates of Mia Lago is fertile ground to embark on a project incorporating mixed use of 118 spectacular acres of land. The demographics are ideal for this explosive market area where future development such as Grand Central Park, by Johnson Development, and Woodland Hill, by Howard Hughes Corp., are only 20 to 30 minutes away as is The Woodlands. Mia Lago has all the components for a great investment replete in tremendous potential for one of the most highly-sought areas in the greater
Access to Lake Conroe
Houston Metropolitan area. Montgomery county continues to be the beacon of light for phenomenal growth and renders certainty of a wonderful lifestyle so many Texans are seeking today.
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Sect. 2 & 3
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Sect. 1 Montgomery Junior High School
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Canal to Stewart Creek to Lake Conroe
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Walmart 105
GIGI HUANG REALTOR-ASSOCIATE®
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832.256.5673 d 713.558.2289 f 713.559.6088 gigi.huang@sothebyshomes.com gigihuangrealtor.com
PROFESSIONAL MEMBERSHIPS & ACKNOWLEDGMENTS Houston Association of Realtors Texas Association of Realtors National Association of Realtors
One of Houston’s most recognized and respected restaurateurs, Gigi Huang independently and together with her father, James Huang, developed 8 restaurants in the course of her 38 years in the Hospitality Industry.
of immense value to my clients. I also have something less tangible but perhaps even more important: an innate sense of elegant living and style that helps me to guide my buyers and sellers.”
Her experiences in building restaurants from the ground up in the most coveted commercial retail spaces in Houston such as The Galleria, the former Saks Pavilion on Post Oak Boulevard, The Village Arcade in West University, and The Houston Club Building in Downtown Houston has provided her valuable expertise in negotiations and communications as well as property investment, finance, and working with new construction and builders. Most importantly, Gigi is known for her great “Customer Service”; hearing and understanding the customer’s expectations therefore delivering a “Positive Experience” for everyone.
Gigi has an impressive resume of philanthropic service. Her awards and recognitions include accolades as diverse as the Cancer League, Pacesetter of the Year Award 1993, Houston Chronicle Best Dress Hall of Fame 1994, Houston Jaycee’s Five Young Outstanding Houstonian Award 1995, American Associates of Ben Gurion University, David Ben Gurion Award 1997, YWCA-Volunteer of the Year 2000, Assistance League of Houston-Mary Jo Peckham Award 2001, Houston Delta Gamma Foundation, Women of Vision, 2003. She has served on boards of organizations such as The St. Joseph Hospital Foundation, Executive Committee, The Houston Museum of Natural Science, The Houston Ballet Foundation, appointed by the Mayor of Houston to Downtown District Board, The Houston Parks Board and The Houston Zoo Development Corporation. Gigi currently sits on the board of directors of The Society for the Performing Arts and The Christus Health Foundation. She serves on the advisory boards of The Monarch Institute (formerly The Monarch School) and UNICEF.
Gigi’s father, originally from Shanghai, immigrated the family from Taiwan to United States in 1969. They settled in Houston where she graduated from Duchesne Academy of the Sacred Heart and attended the prestigious Hilton College for Hotel and Restaurant Management at the University of Houston. After many years in Houston’s restaurant community and the city’s brick-and-mortar development, Gigi moved into luxury residential real estate sales with Martha Turner Sotheby’s International Realty. “My understanding of business principles, customer service, and finance are
“I love giving back to this city where my family and I have been so successful. Houston has grown into an internationally cultural city” Gigi says. “For me, Houston is the future.”
© MMXVII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Equal housing opportunity.