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±20 Acres on Cimarron Blvd Corpus Christi, TX | Price TBD by Market ±20 ACRES at CIMARRON BLVD

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±20 Acres on Cimarron Blvd Corpus Christi, TX | Price TBD by Market ±20 ACRES at CIMARRON BLVD FAYE WEBB ELEMENTARY SCHOOL FUTURE SF CIMARRON BLVDDEVELOPMENT KAFFIE MIDDLE SCHOOL VETERANS MEMORIAL HIGH SCHOOL MANHATTAN ESTATES Home Values $190K - $290K KINGS POINT Home Values ±20 ACRES $1250K - $290K YORKTOWN BLVD CIMARRON LAKE ESTATES Home Values $260K - $470K AIRLINE RD AIRLINE KOLDA ELEMENTARY KINGS CROSSING SCHOOL Home Values $185K - $640K FUTURE DEL MAR RODD FIELD RD COLLEGE CAMPUS Bill Witt City Park ±20 acres on Cimarron Blvd Corpus Christi, TX | Price TBD by Market ±20 ACRES AT CIMARRON BLVD EXCLUSIVE REPRESENTATION OFFER REQUIREMENTS ARA Newmark has been exclusively retained to rep- Offers should be presented in the form of a non-binding CONTENTS resent the Seller in the disposition of ±20 acres on Letter of Intent, and should include: Cimarron Boulevard in Corpus Christi, Texas (Property). All inquiries about the Property should be directed to · Pricing Property Information 4 ARA Newmark. ·Due Diligence and Closing Timeframe ·Earnest Money Deposit DUE DILIGENCE INFORMATION ·Description of Debt/Equity Structure · Qualifications to Close Survey and Site Restrictions 5 To access the due diligence information please visit ·Development Plans the Property website at: Employment Highlights 7 arausa.listinglab.com/CimarronBlvdLandSite Purchase terms shall require cash to be paid at closing. Offers should be delivered to the attention of Dillon Mills via fax or email. Retail & Entertainment Highlights 10 Houston Market Overview 12 CONTACTS Dillon Mills David Marshall Brokerage Information 14 Associate Principal [email protected] [email protected] O 713-955-3123 O 713-955-3126 M 713-254-3824 M 713-206-1574 Tom Dosch Tim Dosch Principal Principal [email protected] [email protected] O 713-955-3125 O 713-955-3127 M 713-557-4455 M 713-459-8123 ARA, A Newmark Company www.aranewmark.com 1700 Post Oak Blvd 2 BLVD Place, Suite 400 Houston, TX 77056 ±20 ACRES AT CIMARRON BLVD PROPERTY INFORMATION TRACT DETAIL Property Details LOCATION Cimarron Blvd, Corpus Christi, Texas, 78414 Excellent location in Southside of Corpus Christi LAT., LONG. 27.662730, -97.378366 · Property is located in a high-end area of Corpus Christi TOTAL ACRES 20.0 · Close proximity to newly opened Veteran Memorial HS (Fall 2015) · Near newly approved Del Mar College Southside Campus site PARCEL NUMBER 2476-0021-0025, 2476-0021-0020 · Surrounding single family home values as high as $500,000 FRONTAGE 660’ on Cimarron Blvd · Cimarron Lake: $250K - $500K FLOODPLAIN Not in 500-year floodplain · Kings Crossing: $185K - $660K SCHOOL DISTRICT Corpus Christi ISD - Veterans Memorial High School · Manhattan Estates: $190K - $290K Zoning Agriculture · Quick drive to retail corridor at Staples and Saratoga 2015 TAX RATES 2015 Rate VETERANS MEMORIAL HIGH SCHOOL CITY OF CORPUS CHRISTI 0.606264 APPRAISAL DISTRICT 0.000000 NUECES COUNTY 0.304092 HOSPITAL DISTRICT 0.126836 DEL MAR JR COLLEGE 0.246159 FARM TO MKT ROAD 0.003899 660 FT CORPUS CHRISTI ISD 1.23735 CIMARRON BLVD 1280 FT Total 2.52460 ±20 ACRES 2016 DEMOGRAPHICS 0-1 mi 0-3 mi 0-5 mi 1280 FT Est. Population 10,810 83,003 152,721 660 FT Est. Average Household Income $114,770 $84,582 $73,348 Est. Median All Owner-Occupied Housing $244,055 $212,234 $183,161 Values ±20 ACRES ON CIMARRON BLVD | 3 PROPERTY AERIAL: SOUTH CORPUS OSO BAY MUNICIPAL LA PALMERA TEXAS A&M GOLF COURSE UNIVERSITY TEAS AM UNIVERSITY CORPUS CHRISTI MOORE PLAA CORPUS CHRISTI SUNRISE MALL MOMENTUM CAMPUS NAS CORPUS SPUR CHRISTI 3 Fairfield Inn & Suites Residence Inn Oso Bay 358 CORPUS CHRISTI COUNTRY CLUB CORPUS CHRISTI MEDICAL CENTER SARATOGA TOWN CENTER HOLLY RD CHRISTUS SPOHN HOSPITAL SOUTH POST ACUTE MEDICAL SPECIALTY HOSPITAL WOOLDRIDGE RD S STAPLES ST ENNIS-JOSLIN EXTENSION SARATOGA RD ADKINS MIDDLE KAFFIE MIDDLE SCHOOL SCHOOL OSO BAY WETLANDS YORKTOWN BLVD BARNES ELEMENTARY AIRLINE RD AIRLINE PRESERVE SCHOOL VETERANS MEMORIAL RODD FIELD RD FLOWER BLUFF HIGH SCHOOL 20 ACRES KOLDA ELEMENTARY SCHOOL TEXAS A&M CORPUS VETERANS MEMORIAL HS CHRISTUS SPOHN HOSPITAL CORPUS MEDICAL CENTER CORPUS COUNTRY CLUB LA PALMERA OSO BAY PRESERVE ±20 ACRES ON CIMARRON BLVD | 4 CORPUS CHRISTI MARKET OVERVIEW Corpus Christi, a seaport at the mouth of the Nueces River on the west end of Corpus Christi Bay, is the county seat of Nueces County and the largest city on the South Texas coast. It lies at the junction of Interstate 37 and US Highway 77 and 181. Corpus Christi is home to the largest city on the Texas Coast and is the fifth largest port in the nation with an estimated MSA population of 576,188 according to the 2010 census (Claritas). Key industries include petrochemical, tourism, health care, retail, education, shipping, agriculture, and the military. REGIONAL TRANSPORTATION EDUCATION Highway Corpus Christi’s many public school districts are each independently administered and accredited by the Texas Education Agency in Austin. Every school district Several key state and federal highways connect Corpus Christi to US and Mexico markets. has an elected board and an appointed superintendent. Funding is by state Interstate 37 and US Highway 181 are located one mile from the port of Corpus Christi, and federal funds and by local property taxes levied by each school district. with direct access provided via wide, uncongested streets. Interstate 37 originates in The Corpus Christi area contains 6 public school districts, 52 public elementary downtown Corpus Christi and provides a direct link to Interstate 10 in San Antonio. US schools, 19 public middle schools, 14 public high schools, 5 charter schools, Highway 77 links Corpus Christi to both the Rio Grande Valley (Harligen, Brownsville, and 23 private schools. Total enrollment for all districts is over 54,000 with and Matamoros, Mexico) to the south and Victoria to the north. In Victoria, US Highway the majority of students attending Corpus Christi Independent School District. 59 provides a direct link to Houston. State Highway 44 and US Highway 59 link Corpus Christi to Laredo. US Highway 281 is close to Corpus Christi and provides a link to the Rio Grande Valley (McAllen and Reynosa, Mexico). Texas A&M University-Corpus Christi student enrollment AMERICAN BANK CENTER ARENA International Airport could double by 2025 The Corpus Christi International Airport is located on 2,415 acres of land and lies approximately eight miles from downtown Corpus Christi. The Corpus Christi Area Universities and Colleges International Airport contains 7,508 and 6,080-foot lighted hard surface runways, private storage, aircraft maintenance, and fueling services. The Airport passenger Texas A&M University-Corpus Christi is committed to becoming one of the leading traffic has been steadily increasing since it opened in November of 2002. centers of higher education in the Gulf of Mexico region while serving the intellectual, cultural, social, environmental, and economic needs of South Texas. As a result, Texas AMERICAN BANK CENTER ARENA WHATABURGER FIELD A&M University-Corpus Christi will invigorate and strengthen the region and state through its educational programs, research initiatives, and outreach efforts. Texas A&M University-Corpus Christi enrolled over 12,202 students for Fall 2016 with an average student to faculty ratio of 23:1. The strategic vision Momentum 20/20 was recently released which includes a goal to attract 15,000 students within the next five years, implying that student enrollment could double by 2025. Del Mar College is a comprehensive community college in Corpus Christi, Texas, offering more academic, occupational, technical, and continuing education programs than any college or university in the area. The College offers over 23,000 credit and noncredit classes and employs over 288 faculty. As the region’s leader in higher education, Del Mar College has helped more than a half million individuals transform their dreams into realities over the past 65 years. ±20 ACRES ON CIMARRON BLVD | 5 CORPUS CHRISTI MARKET OVERVIEW LOCAL ATTRACTIONS Texas with a tropical twist aptly describes Corpus Christi, a coastal, YEAR-ROUND DESTINATION year-round visitor destination and meeting site. Located on the Gulf · 113 miles of accessible Gulf coast of Mexico, Corpus Christi attracts over eight million visitors every beaches and bayfront year. Nestled behind the barrier islands of Mustang and Padre, · Fishing, hiking, biking, sailing, boating, Corpus Christi is the gateway to Padre Island National Seashore, a kiteboarding, windsurfing, jet skiing, short 15-minute drive from downtown. The Isles of Texas is a popular kayaking summer weekend getaway and vacation destination and a sunny · Gateway to the Padre Island National haven for Midwesterners and Canadians during the cooler winter Seashore months. USS LEXINGTON · Popular summer weekend getaway and The Corpus Christi region boasts more than 113 miles of accessible vacation destination Gulf coast beaches and bay front. A popular year-round attraction, · Corpus Christi Greyhound Race Track the area’s beaches, bays, inland waterways and parks have some of · Texas State Aquarium, Corpus Christi’s the world’s best conditions for fishing, birding, hiking and biking, number one visitor attraction sailing and boating, and various water sports such as kiteboarding, · USS Lexington, a WWII-era warship windsurfing, jet skiing, and kayaking. Another fine activity is the converted to a museum Corpus Christi Greyhound Race Track. Recent years have seen Corpus Christi take huge leaps in building attractions. The Texas State Aquarium and USS Lexington are among the top visitor destinations in the state. Located right next to the Texas State Aquarium in Corpus Christi, the USS Lexington is a retired WWII-era warship. The USS Lexington is a valuable national treasure, having played a significant role in the nation’s defense for nearly 50 years. She continues to serve today as a museum and educational facility and is one of Corpus Christi’s main visitor attractions. Since opening in 1990, the Texas State Aquarium has welcomed over six million visitors.
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