8
SAVANN SAVANN SAVANN MARYDEAN ST MARYDEAN ST MARYDEAN ST ALVIN ALVIN ALVIN L L L COUNTY RD 824 COUNTY RD 824 COUNTY RD 824 KATHY ST KATHY ST KATHY ST DR DR DR DOREEN ST DOREEN ST DOREEN ST LINDA DR LINDA DR LINDA DR LINDA ST LINDA ST LINDA ST JUDY ST JUDY ST JUDY ST BERG AVE BERG AVE BERG AVE ROSEN AVE ROSEN AVE ROSEN AVE TEXAS AVE TEXAS AVE TEXAS AVE TALISMAN DR TALISMAN DR TALISMAN DR NOCTUME DR NOCTUME DR NOCTUME DR COEN RD COEN RD COEN RD BRAZORIA COUNTY BRAZORIA COUNTY BRAZORIA COUNTY FORT BEND COUNTY FORT BEND COUNTY FORT BEND COUNTY LAKES OF SAVANNAH Master Planned Community ±33 ACRES 1229 ft PEARLAND - 3 MILES 1784 ft 766 ft ±33 acres on Highway 6 Houston, TX 77583 OFFERING MEMORANDUM

OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

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Page 1: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

256 feet256 feet

SAVA

NNAH PKWY

SAVA

NNAH PKWY

SAVA

NNAH PKWY

MARYDEAN ST

MARYDEAN ST

MARYDEAN ST

ALVINALVINALVIN

LOOP DRLOOP DRLOOP DR

COUNTY RD 824COUNTY RD 824COUNTY RD 824

KATHY STKATHY STKATHY ST

DUCK

DR

DUCK

DR

DUCK

DR

HOGA

N DR

HOGA

N DR

HOGA

N DR

DORE

EN S

TDO

REEN

ST

DORE

EN S

T

LIND

A DR

LIND

A DR

LIND

A DR

BELI

NDA

STBE

LIND

A ST

BELI

NDA

ST

LIND

A ST

LIND

A ST

LIND

A ST

JUDY

ST

JUDY

ST

JUDY

ST

BERG AVEBERG AVEBERG AVE

ROSEN AVE

ROSEN AVE

ROSEN AVE

TEXAS AVETEXAS AVETEXAS AVE

TALISMAN DRTALISMAN DRTALISMAN DR

SCARLET DRSCARLET DRSCARLET DR

NOCT

UME

DRNO

CTUM

E DR

NOCT

UME

DR

ADAMS STADAMS STADAMS ST

COEN RDCOEN RDCOEN RD

BRAZ

ORIA

COU

NTY

BRAZ

ORIA

COU

NTY

BRAZ

ORIA

COU

NTY

FORT

BEN

D CO

UNTY

FORT

BEN

D CO

UNTY

FORT

BEN

D CO

UNTY

LAKES OF SAVANNAHMaster Planned Community

±33 ACRES

1229 ft

PEARLAND - 3 MILES

1784

ft

766

ft

±33 acres on Highway 6 Houston, TX 77583

O F F E R I N G M E M O R A N D U M

Page 2: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

Contacts

Tim [email protected]

David [email protected]

Tom [email protected]

Becky HandSenior [email protected]

Clark DaltonVice [email protected]

Dillon MillsSenior [email protected]

Tripp RichTransaction [email protected]

Kenneth [email protected]

Jane MatsellMarketing Manager

Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of ±33 acres on Highway 6 in Houston, Texas (Property). All inquiries about the Property should be directed to DMRE.

Making an OfferOffer InformationOffers 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

Due Diligence Information

To access the due diligence information please visit the Property website at:

dmreland.com/listings/#1452

Additional Property Details

PARCEL ID 0456-00-000-0300-907

OWNER COPLAND MICHAEL D TR

ADDRESS HIGHWAY 6

LEGAL 0456 A B LANGERMAN, ACRES 22.184

PRICE To be decided by market

Dosch Marshall Real Estate713.955.3120

777 Post Oak Blvd, Suite 255 Houston, TX 77056

www.dmreland.com

2±33 ACRES ON HIGHWAY 6 IN HOUSTON, TEXAS

Page 3: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

Property Information

2018 Tax Rates

D01 Ft Bend Drainage 0.016

G01 Ft Bend Co Gen 0.453

R52 Ft Bend Co ESD 7 0.100

S07 Ft Bend ISD 1.320

TOTAL 1.889

Details

LOCATION South side of Highway 6 and east of FM 521, Houston, Texas, 77583

LAT., LONG. 29.498486, -95.447721

TOTAL SIZE ±33 Acres

DETENTION On-site

UTILITIES Potentially available through adjacent MUD

COUNTY Fort Bend & Brazoria Counties

SCHOOLS Fort Bend Independent School District

PRICE To be decided by market

2018 Demographics

0-1 mi 0-3 mile 0-5 miles

Est. Population 2018

4,552 32,320 91,171

5-Yr Est. Population Growth

14.98% 15.96% 15.90%

Average Household Income

$104,716 $91,470 $113,554

Median Value Of Owner Occupied Housing Units

$231,685 $205,334 $235,874

Property HighlightsLocated on Highway 6, less than 3 miles from Texas 288

• 890 feet of Highway 6 frontage• TX-299 runs north 20 miles to downtown Houston and

south 23 miles to Angleton, the Brazoria County seat• NEW: State and county officials are widening and upgrad-

ing SH 288 from U.S. 59 to County Road 60 and a toll road is under construction

The area is seeing an increase in retail development to serve the growing population

• Manvel: 9-minute drive / 6 miles• Over the next 20 years, the City of Manvel says there

will be 10,000 new homes and its population will jump from 8,000 to 130,000 residents

• Proposed: Manvel Town Center, a 750,000-SF center on 273 acres featuring a regional-draw anchor, junior anchor stores, inline and freestanding shops, and restaurant space

• Proposed: The Reserve at Manvel, ±75 total acres with planned grocery, office, retail, entertainment and medical

• Upcoming development: 37 acres of prime commercial property at the NWC Fort Bend County Rd & 288

• Brazoria County• Brazoria County boasts a population of almost 350,000

and is experiencing more than four percent growth every five years

• Top employers include The Dow Chemical Company (3,900 employees), Wood Group (2,231 employees), Olin Corporation (1,200 employees), and Phillips 66 (1,035 employees)

Fast access to Houston and Pearland using Hwy 6 and TX-288

• Pearland Town Center: 12-minute drive / 3 miles• Pearland has 100,000 residents and is rated by Forbes

as the fastest-growing community in the Houston region and the second-fastest in Texas based on the 2010 census

• Texas Medical Center: 25-minute drive / 14 miles• Largest Medical Center in the world with 106,000+

employees, 21 renowned hospitals and 10 academic institutions

256 feet256 feet

SAVA

NNAH PKWY

SAVA

NNAH PKWY

SAVA

NNAH PKWY

MARYDEAN ST

MARYDEAN ST

MARYDEAN ST

ALVINALVINALVIN

LOOP DRLOOP DRLOOP DR

COUNTY RD 824COUNTY RD 824COUNTY RD 824

KATHY STKATHY STKATHY ST

DUCK

DR

DUCK

DR

DUCK

DR

HOGA

N DR

HOGA

N DR

HOGA

N DR

DORE

EN S

TDO

REEN

ST

DORE

EN S

T

LIND

A DR

LIND

A DR

LIND

A DR

BELI

NDA

STBE

LIND

A ST

BELI

NDA

ST

LIND

A ST

LIND

A ST

LIND

A ST

JUDY

ST

JUDY

ST

JUDY

ST

BERG AVEBERG AVEBERG AVE

ROSEN AVE

ROSEN AVE

ROSEN AVE

TEXAS AVETEXAS AVETEXAS AVE

TALISMAN DRTALISMAN DRTALISMAN DR

SCARLET DRSCARLET DRSCARLET DR

NOCT

UME

DRNO

CTUM

E DR

NOCT

UME

DR

ADAMS STADAMS STADAMS ST

COEN RDCOEN RDCOEN RD

BRAZ

ORIA

COU

NTY

FORT

BEN

D CO

UNTY

LAKES OF SAVANNAHMaster Planned Community

TRACT A22.18 AC

1229 ft

1784

ft

766

ft

TRACT B4.69 AC

Drive times are approximate; distances are geodesic.

3±33 ACRES ON HIGHWAY 6 IN HOUSTON, TEXAS

Page 4: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

KINGSLEY DRKINGSLEY DRKINGSLEY DR

KIRBY DR

E DALLAS RDE DALLAS RDE DALLAS RD SOUTHFORK DRSOUTHFORK DRSOUTHFORK DR

BAILEY AVEBAILEY AVEBAILEY AVE

BROADWAY ST

TRAMMEL FRESNO RDTRAMMEL FRESNO RDTRAMMEL FRESNO RD

W BROADWAYW BROADWAYW BROADWAY

CULLEN BLVDCULLEN BLVDCULLEN BLVD

CROIX RDCROIX RDCROIX RD

ALM

EDA

RDAL

MED

A RD

ALM

EDA

RD

SHADOW CREEK PKWY

P E A R L A N D

Houston Southwest Airport

Pearland Medical Center

SHADOW CREEK RANCH

MANVEL TOWN CENTER750,000-SF center on 273 acres

THE RESERVE AT MANVEL±75 total acres with proposed grocery,office, retail, entertainment and medical

NWC Fort Bend Cty Rd & 28837 acres of prime commercial property (off the map - 3.5 mi from the Property)

KINGSLEY PLAZA SHOPPING CENTER11,400 SF strip center now leasing

STATE HIGHWAY 288 IMPROVEMENTSState and county officials are widening and upgrading SH 288 from U.S. 59 to County Road 60 and a toll road is under construction

PEARLAND TOWN CENTER

KINGSLEY SHOPSAvailable SF 6,495

SEDONA LAKESHome Prices up to $620K

LAKES OF SAVANNAHHome Prices up to $397K

SINGLE FAMILY HOMESup to $348K

SIENNA PLANTATIONHome Prices up to $1.89M

LAKELAND650 LOTSSOUTHPOINTE

CROSSING±1,750 LOTS

PRESIDIOAT MANVEL

±500 LOTS

±33 ACRES

Aerial FUTURE DEVELOPMENT IN RED

4±33 ACRES ON HIGHWAY 6 IN HOUSTON, TEXAS

Page 5: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

14 miles from the Property

Texas Medical Center

Upcoming Developments$3 billion in new construction projects are underway in the Texas Medical Center

Texas Children’s Hospital• $506 million expansion• Adding 19 floors to existing tower for new heart center,

expanded critical care, and diagnostic and therapeutic services

• Expected completion: 2018

Memorial Hermann• $650 million renovation and expansion• Building new patient care building and upgrading infra-

structure• Adding 1.3 million square feet in a new space and

increasing their size by 50%• Expected completion: 2018

Baylor St. Luke’s McNair Campus• New 1.2-million-square-foot facility on 27.5 acres• In various stages of completion, renovation and construc-

tion• Second patient tower with 650 patient beds and medical

office building planned• Expected completion: 2019

University of Texas Houston campus• New campus is being planned for 300 acres located at

Buffalo Point about 3.5 miles south of the Texas Medical Center

Houston Community College Coleman College for Health Sciences building

• The 10-story midrise should be completed by August 2018

Blossom Hotel Houston• 9-story hotel planned for the stretch of land along Lehall

St. at Bertner Ave. south of the Texas Medical Center

Major Educational Institutions

Baylor College of Medicine• Leaders for biomedical research.• Hosts approximately, 3,378 faculty and 1,211 stu-

dents• Ranks 7th in the nation for primary care and 13th

for research according to the U.S. News and World Report

The University of Texas Health Science Center• Fills three million square feet of the Texas Medical

Center• Hosts more than 350 undergraduate students, 3,399

post graduate students, and 1,261 faculty members

Rice University• Comprehensive research university consistently

ranked among top 20 universities in the U.S. overall• One of only three Tier One universities in Texas• 665 full-time and 197 part-time instructional faculty• 98% of full-time instructional faculty have a doctorate

or terminal degree in their field• 3,879 undergraduate and 2,744 graduate

degree-seeking students

MEMORIAL HERMANN

BLOSSOM HOTEL HOUSTON

UNIVERSITY OF TEXAS HOUSTON CAMPUS

BAYLOR ST. LUKE’S MCNAIR CAMPUS

• 106,000+ total employees• 1,345 total acres• 8th largest business district in the US• $2 billion in research conducted each year• $35 billion estimated regional economic impact

5±33 ACRES ON HIGHWAY 6 IN HOUSTON, TEXAS

Page 6: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

3 miles from the Property

Pearland Brazoria County

Major Pearland EmployersLife Science / Health Care

• Memorial Hermann Pearland Hospital: Designed to expand to 128 beds within the next five years; cur-rently offers 64 inpatient beds

• Altus Harbor

• Cardiovascular Systems, Inc.: Opened the new state-of-the-art facility for the manufacturing of commercialized interventional treatment systems for vascular disease in 2010 in Pearland

• Kelsey-Seybold Clinic: Relocated its adminis-trative headquarters in 2013 to Pearland; the 170,000-square-foot, four-story office building is located on an 18-acre site

• Merit Medical Systems, Inc.: Opened a 92,000-SF research and development and manufacturing facil-ity on 12 acres in Pearland in 2011

Energy

• Baker Hughes, Inc.

• Dover Energy: Completed construction in 2014 on a 150,000-SF manufacturing and operations center on a 14-acre site in Pearland’s Lower Kirby District; the facility is home to approximately 200 employees and allowed Dover to consolidate its multiple Texas locations into one regional facility

• EthosEnergy (formerly TurboCare)

• Hatch Mott McDonald

• Mitsubishi Heavy Industries Compressor Corp.

Manufacturing/Distribution

• Aggreko, LLC• Kemlon Manufacturing & Development• Packaging Services Company, Inc.• Shawcor• SolvChem, Inc.• Third Coast Terminals• Weatherford International

• Third largest city and the fastest growing city in the Houston MSA, with a population of 113,570

• Ranked as one of the top ten safest cities in Texas• Median income of $97,209, making Pearland one of the

highest income communities in the Houston region and over 80% higher than the national average

• Educational attainment levels well above the national average: 48.6% of Pearland’s adult population holds a four year degree or higher (national average is 30.6%)

• Hosts the University of Houston Clear Lake Pearland Campus, a nationally accredited upper-level university offering junior, senior and graduate courses

Pearland Town Center 110 acres, 600,000+ SF, 87 stores

Shadow Creek Ranch Town Center 613,468 SF; Part of the 3,500-acre Shadow Creek Ranch master planned community, one of Houston’s Top 10 MPCs

Other Pearland Retail

• The Dow Chemical Company: The area’s largest employer, with approximately 5,000 employees.

• Fluor Corporation: Recently completed the mechanical construc-tion of a new ethylene production facility. Con-struction began in 2014, with more than 3,000 Fluor craft employees and subcontractors onsite at peak.

• Zachry Group• The Wood Group

• Brock Group• Phillips 66: The Freeport

Liquefied Petroleum Gas (LPG) Export Terminal started operations in December 2016. The terminal has an export capacity of 4.4 million barrels per month and a ship loading rate of 36,000 barrels per hour.

• BASF Corporation: More than 900 employees and approximately 780 contractors at 25 plants in Freeport

• Excel

Port FreeportPort Freeport currently ranks 24th among U.S. ports in international cargo tonnage handled. The current channel is 45 feet deep but it will soon be widened and deepened. It is just three miles from open Gulf of Mexico waters and has an abundance of acreage for future development.

Brazoria County Top Employers

Employer # Employees

The Dow Chemical Company Chemical 3,900

Alvin I.S.D. 3,488

Pearland I.S.D. 2,664

Texas Dept. of Criminal Justice 2,409

The Wood Group 2,231

Brazosport I.S.D. 1,746

Olin Corporation 1,200

Phillips 66 1,035

BASF Corporation 956

Schlumberger Technology Corp. 849

6±33 ACRES ON HIGHWAY 6 IN HOUSTON, TEXAS

Page 7: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

10-1

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th

e pa

rtie

s’

cons

ent,

a br

oker

ac

ting

as

an

inte

rmed

iary

bet

wee

n th

e pa

rtie

s m

ay a

ppoi

nt a

per

son

who

is

licen

sed

unde

r Th

e Te

xas

Real

Est

ate

Lice

nse

Act

and

asso

ciat

ed w

ith t

he b

roke

r to

com

mun

icat

e w

ith

and

carr

y ou

t in

stru

ctio

ns

of

one

part

y an

d an

othe

r pe

rson

who

is

licen

sed

unde

r th

at A

ct a

nd

asso

ciat

ed w

ith t

he b

roke

r to

com

mun

icat

e w

ith a

nd

carr

y ou

t ins

truc

tions

of t

he o

ther

par

ty.

If y

ou c

hoos

e to

hav

e a

brok

er r

epre

sent

you

, yo

u sh

ould

ent

er i

nto

a w

ritte

n ag

reem

ent

with

the

br

oker

tha

t clea

rly e

stab

lishe

s th

e br

oker

’s o

blig

atio

ns

and

your

obl

igat

ions

. T

he

agre

emen

t sh

ould

sta

te

how

and

by

who

m t

he b

roke

r w

ill b

e p

aid.

You

hav

e th

e rig

ht t

o ch

oose

the

typ

e of

rep

rese

ntat

ion,

if a

ny,

you

wish

to rec

eive

. You

r pa

ymen

t of a

fee

to a

bro

ker

does

no

t ne

cess

arily

es

tabl

ish

that

th

e br

oker

re

pres

ents

you

. If y

ou h

ave

any

ques

tions

reg

ardi

ng

the

dutie

s an

d re

spon

sibi

litie

s of

th

e br

oker

, yo

u sh

ould

res

olve

thos

e qu

estio

ns b

efor

e pr

ocee

ding

.

Buy

er,

Sel

ler,

Lan

dlor

d or

Ten

ant

D

ate

Texa

s Re

al E

stat

e Br

oker

s an

d Sa

lesp

erso

ns a

re li

cens

ed a

nd r

egul

ated

by

the

Texa

s Re

al E

stat

e Co

mm

issi

on (

TREC

). I

f you

hav

e a

ques

tion

or c

ompl

aint

re

gard

ing

a re

al e

stat

e lic

ense

e, y

ou s

houl

d co

ntac

t TRE

C at

P.O

. Box

121

88, A

ustin

, Tex

as 7

8711

-218

8 ,

512-

936-

3000

(ht

tp:/

/ww

w.t

rec.

texa

s.go

v)

T

REC

No.

OP-

K

7

Page 8: OFFERING MEMORANDUM - LoopNet · sienna plantation home prices up to $1.89m lakeland 650 lots southpointe crossing ±1,750 lots presidio at manvel ±500 lots ± s aerial future development

© 2018 Dosch Marshall Real Estate, All Rights Reserved

Dosch Marshall exists to provide unmatched real estate brokerage services across the U.S. by connecting our expansive network, market knowledge, and expertise in land brokerage with innovative processes.

Founded in 2017, but in the Houston market for the past 15 years, our goal is to represent our clients with excel-lence. In real estate as in other industries experience is key: collectively, DMRE has 40 years of experience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an

award that recognizes those who have traded the largest transactions in Houston for the year.