pad site & two development tracts for sale · homes 13 3,025 homes 0 8 fm 160 146 44 crosby...

5
±430' ±789' ±500' ±20 2 ' ±1,041' ±1,290' ±222' ±245' ±250' ±252' ±308' ±340' ±630' ±482' ±200' ±1,060' ± 2 6 0 ' ±560' TRACT C ±68,000 SF TRACT B ±4.5 AC FAIRWAY CROSSING DR FM 2100 TRACT A ±35.5 AC 201 HOMES MEDIAN PRICE: ±$281,000 On lots from 0.8 to 2.5+ AC FAIRWAY CROSSING AT LAKE HOUSTON GEORGE BUSH INTERCONTINENTAL AIRPORT SPRING HUMBLE ATASCOCITA CROSBY LAKE HOUSTON LAK LAK LAK L L L AK AK AK AK AK AK KE KE KE HOUSTON HOUSTON HOUSTON O O O U U U O O O H H H O O O S S S O O O HO HO HO TON TON TON OUS OUS OUS OUS O U OUS OUS OUS OUS HO HO HO HO HO HO HO HO H H H H O O O O O O O O O O O O KINGWOOD HUFFMAN North Houston District Generation Park SITE FUTURE GRAND PARKWAY SEGMENTS H & I-1 Construction scheduled to begin mid-2017 Open to traffic in 2021 T 713.782.9000 www.read-king.com TONY PATRONELLA T 713.828.4883 [email protected] LOGAN HAVEL T 713.980.4740 [email protected] N 5850 SAN FELIPE, SUITE 490, HOUSTON, TX 77057 PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE ±41.5 Total Acres, Fairway Crossing, Huffman, TX AT THE INTERSECTION OF FM 2100 AND FAIRWAY CROSSING DR

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Page 1: PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE · homes 13 3,025 homes 0 8 fm 160 146 44 crosby atascocita dayton huffman houston fm 160 4 lake houston fm 2100 16 1 2 ±3,680 ac future

±430'

±78

9'

±500

'

±202'

±1,041'

±1,290'

±222'

±245'

±250

'

±252

'±3

08'

±340'

±630'

±482'

±200' ±1,060'

±260

'

±560'

TRACT C±68,000 SF

TRACT B±4.5 AC

FAIRWAY CROSSING DR

FM 2100

TRACT A±35.5 AC

201 HOMESMEDIAN PRICE: ±$281,000On lots from 0.8 to 2.5+ AC

FAIRWAY CROSSING AT LAKE HOUSTON

GEORGE BUSHINTERCONTINENTALAIRPORT

WILLIAM P.HOBBYAIRPORT

Memorial Management

District

CONROE

MAGNOLIA

THEWOODLANDS

TOMBALL

SPRING

HUMBLEATASCOCITA

CROSBY

PASADENA

BAYTOWN

CYPRESS

KATY

PEARLAND

SUGAR LAND

JERSEY VILLAGE

GALVESTONBAY

HOUSTON SHIP CHANNEL

CONROE

ESGAALVESSTONYBAYBAYY

HIP CHANNELHIP CHANNELHIP CHANNELHHHOUSTON SHOUSTON SHOUSTON SHN SN SN SUSUSUSOUOUOUOUOUOUUSTOUSTOUSTOOOOHHHHHH HHHHHHHHHHHHHOHOHOHOHOOOOOOHOHOHOHOOOOO

LAKEHOUSTON

LAKLAKLAKLLLAKAKAKAKAKAKKEKEKEHOUSTONHOUSTONHOUSTONOOOUUUOOOHHHOOO SSSOOOHOHOHO STONSTONSTONOUSOUSOUSOUSOUOUSOUSOUSOUSHOHOHOHOHOHOHOHOHHHHOOOOOOOOOOOO

CONROECONROECONROECCCCONROCONROCONROOEOEOEOEOEOE

KINGWOOD

HUFFMAN

The TexasMedicalCenter

Sam HoustonTollway Corridor

North HoustonDistrict

EnergyCorridor

WestchaseDistrict

GreenwayPlazaUptown/

Galleria

Downtown

Generation Park

SITE

FUTURE GRAND PARKWAY

SEGMENTS H & I-1Construction scheduled to begin mid-2017

Open to traffic in 2021

T 713.782.9000 www.read-king.com

5 8 5 0 S A N F E L I P E , S U I T E 4 9 0 , H O U S T O N, T X 7 7 0 5 7

TONY PATRONELLA

T 713.828.4883

[email protected]

LOGAN HAVEL

T 713.980.4740

[email protected]

N

T 713.782.9000 www.read-king.com

5 8 5 0 S A N F E L I P E , S U I T E 4 9 0 , H O U S T O N, T X 7 7 0 5 7

PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE

±41.5 Total Acres, Fairway Crossing, Huffman, TX

AT T H E I N T E R S E C T I O N O F F M 2 1 0 0 A N D FA I R WAY C R O S S I N G D R

Page 2: PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE · homes 13 3,025 homes 0 8 fm 160 146 44 crosby atascocita dayton huffman houston fm 160 4 lake houston fm 2100 16 1 2 ±3,680 ac future

201 HOMESMEDIAN PRICE: ±$281,000On lots from 0.8 to 2.5+ AC

FAIRWAY CROSSING AT LAKE HOUSTON

COMMONS OFLAKE HOUSTON

Red WolfGolf Resort

FM 2100

1,600 LOTS - ±1,100 DELIVEREDHOME PRICES: $300s-$500s

On lots from 0.6 to 5+ AC

HUFFMAN CLEVELAND RD

±430'

TRACT C±68,000 SF

TRACT B±4.5 AC

TRACT A±35.5 AC

N

1 MILE 3 MILES 5 MILESPopulation (12-2016) 1,674 12,603 38,203Estimated Households 392 3,142 10,830Est. Average HH Income $105,212 $90,567 $139,298Daytime: Total Employees 257 2,292 6,252

DEMOGRAPHICS

Intersection COUNT YEAR

FM 2100 north of Atascocita Rd. 16,685 CPD 2017

FM 2100 south of Atascocita Rd. 15,500 CPD 2015

Atascocita Rd. west of FM 2100 27,107 CPD 2017

Atascocita Rd. east of FM 2100 10,121 CPD 2011

TRAFFIC COUNTS

SUMMARY

Located at the intersection of FM 2100 and Fairway Crossing Dr., these tracts are ideally situated at the entrance of the Fairway Crossing at Lake Houston subdivision in the rapidly growing Northeast Harris County. As one of the few sites in Huffman with full utilities available, these tracts provide an excellent development opportunity.

PROPERTY INFORMATION

90

99

GRAND PKWY SEGMENTS H & I-1

• Construction scheduled to begin mid-2017• Open to traffic in 2021

59

8

146

494

• Expand FM 2100 from a 2-lane, undivided road to a 4-lane divided facility• 2015 traffic count was 19,000 CPD, expected to be 29,900 CPD by 2035 (+57%)• Scope is S Diamondhead Blvd to FM 1960 • Timing: Summer 2017

FM 2100 EXPANSION PROJECT(TXDOT) PHASE 1

CROSBY

ATASCOCITA

DAYTONHUFFMAN

HOUSTON

FM 2100

FM 2100

FM 1960

27,107 CPD*

15,500 CPD

16,500 CPD

16,685 CPD*

10,121 CPD

LAKEHOUSTON

LAKEHOUSTON

LAKEHOUSTON

SITE

JURISDICTION: Unincorporated Harris County

UTILITIES: Full Available (To be confirmed)

ZONING: None

SCHOOLS: Zoned to Huffman ISD, which received the highest possible rating from the TEA in 2016

PRICE: Contact Broker

N

TxDOT 2015 Traffic Counts. *2017 Counts

AVAILABLE PARCELS

TRACT A: ±35.5 AC

TRACT B: ±4.5 AC

TRACT C: ±68,600 SF

Page 3: PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE · homes 13 3,025 homes 0 8 fm 160 146 44 crosby atascocita dayton huffman houston fm 160 4 lake houston fm 2100 16 1 2 ±3,680 ac future

500-600 LOTS(PHASE 1)

1,600HOMES

133,025

HOMES

90

8

FM 1960

146

494

CROSBY

ATASCOCITA

DAYTONHUFFMAN

HOUSTON

FM 1960

4

LAKEHOUSTON

LAKEHOUSTON

LAKEHOUSTON

FM 2100

16

1

2

±3,680 AC FUTURE RESIDENTIAL DEVELOPMENT

3201

HOMES

5

7

15

17

±354 AC FUTURE RESIDENTIALDEVELOPMENT

141 HOMES

1,200 LOTS

6±20 ACRE FUTURE ELEMENTARY SITE

• Construction scheduled to begin mid-2017• Open to traffic in 2021

GRAND PKWY SEGMENTS H & I-1

8

12

11

14

109

609 HOMES

66 HOMES

216 HOMES

176 HOMES

1,440 LOTS

690 HOMES

209 HOMES

626 HOMES

• Expand FM 2100 from a 2-lane, undivided road to a 4-lane divided facility• 2015 traffic count was 19,000 CPD, expected to be 29,900 CPD by 2035 (+57%)• Scope is S Diamondhead Blvd to FM 1960 • Timing: Summer 2017

FM 2100 EXPANSION PROJECT(TXDOT) PHASE 1

FAIRWAY CROSSING AT LAKE HOUSTON

SITE

99

591. PROPOSED FUTURE RESIDENTIAL

DEVELOPMENT • ±3,680 Acres owned by Forestar

Development Group

2. CYPRESS POINT • Single Family Properties: 209 • 2015 Median Appraised Value: $56,494

3. FAIRWAY CROSSING AT LAKE HOUSTON • Single Family Properties: 201 • 2015 Neighborhood Value Range:

$212k-$390k • 2015 Median Appraised Value: $280,883 • Home to 18-hole Red Wolf Golf Resort

4. ±20 ACRE FUTURE HUFFMAN ISD ELEMENTARY SITE

• Purchase by Huffman ISD: 2016 • Scheduled to Open: TBD

5. PROPOSED FUTURE RESIDENTIAL DEVELOPMENT

• ±354 AC Under Contract to Production Residential Builder (Builder: Undisclosed)

6. LAKE HOUSTON FOREST • Single Family Properties: 176 • 2015 Median Appraised Value: $113,049 • 2015 Median Home Sale Price per SF: $100.09

(up 100+% from 2010)

7. LAKEWOOD HEIGHTS • Single Family Properties: 690 • 2015 Neighborhood Value Range:

$62k-$148k • 2015 Median Appraised Value: $101,881

8. FOREST MANOR • Single Family Properties: 141 • 2015 Median Appraised Value: $120,779

9. SPANISH COVE • Single Family Properties: 216 • 2015 Neighborhood Value Range:

$116k-$345k • 2015 Median Appraised Value: $224,125 10. SADDLE CREEK FARMS • Single Family Properties: 66 • 2015 Neighborhood Value Range:

$235-$509k • 2015 Median Appraised Value: $335,950

11. INDIAN SHORES • Single Family Properties: 626 • 2015 Neighborhood Value Range: $95k-$251k • 2015 Median Appraised Value: $146,959

12. LAKE SHADOWS • Single Family Properties: 609 • 2015 Median Appraised Value: $153,670

13. NEWPORT • Single Family Properties: 3,025 • Neighborhood Value Range: $93k-$188k • Median Appraised Value: $125,639 • David Weekley Homes under construction on

68 new lots • Home to 18-hole Stonebridge at Newport golf

club

14. SUNDANCE COVE • 461 acres • ±1,200 homes • Phase 1: 450 homes, Q3 2017 delivery • Price Range: $200s-$400s • Developer: Madison Development and White &

Bolin Construction

15. WOODLAND LAKE ESTATES • Total Lots: ±1,440 • Land clearing and site work has begun • Phase 1: 207 lots, 2017 delivery • Average Home Value: $230,000 • Developer: Arete Real Estate and

Development Co.

16. THE COMMONS OF LAKE HOUSTON • Total Lots: ±1,600 • Total Occupied Homes: ±1,100 (current) • Price Range: $300s-$500s • Developer: Signorelli

17. THE TIMBERS • ±2,750 acres - 40 AC for commercial - 25 AC for multifamily • 1: 500-600 homes, begin construction in 2017 • Developer: Signorelli

RESIDENTIAL & ROAD CONSTRUCTION

N

Page 4: PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE · homes 13 3,025 homes 0 8 fm 160 146 44 crosby atascocita dayton huffman houston fm 160 4 lake houston fm 2100 16 1 2 ±3,680 ac future

PROPERTY BOUNDARY EXHIBIT

Page 5: PAD SITE & TWO DEVELOPMENT TRACTS FOR SALE · homes 13 3,025 homes 0 8 fm 160 146 44 crosby atascocita dayton huffman houston fm 160 4 lake houston fm 2100 16 1 2 ±3,680 ac future

*All logos displayed are for identification purposes only and may be trademarks of their respective companies.Although Read King Commercial has obtained the information contained herein from sources it believes to be reliable, and believes the information to be correct, no representations or warranties, express or implied, are made as to the accuracy or reliability of this information. Any references to square footage or age are approximate only. The recipient bears sole responsibility for verification of the accuracy of the information contained herein and bears all risk for any inaccuracies. Read King Commercial shall have no liability or responsibility to any party for any loss or damage arising from reliance by any party on the information contained herein.

Demographics: This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. ©2017, Sites USA, Chandler, Arizona, 480-491-1112. Demographic Source: US Census Bureau & USPS 12/2016, TIGER Geography. POSTALCOUNT PRO: DELIVERY STATISTICS as of 12-2016 Calculated using Proportional Postal Hybrid. 2000-2010 Census, 2016 Estimates with 2021 Projections Calculated using Weighted Block Centroid from Block Groups.