<<

UPTOWN / GALLERIA

WEST U/MUSEUM DISTRICT GREENWAY RIVER OAKS Home Values up to $10.9M PLAZA Home Values up to $9.5M

FUTURE

S SHEPHERD DR

WESTHEIMER RD

±2.25 ACRES W ALABAMA ST

LANIER MS ±1,469 Students Niche Score: A-

±2.25 ACRES IN 1920 W ALABAMA / , TX 77098

BROKER CONTACT: David Marshall, Principal | [email protected] | 713.955.3126 dmre.com 1 PROPERTY DETAILS

1920 W Alabama ADDRESS Houston, TX 77098

29.739413702897195, LAT., LONG. -95.40797393715225

SIZE ±2.25 Acres

UTILITIES Yes - City of Houston

HISD: Wilson Montessori SCHOOLS Lanier MS Lamar HS

PARCEL ID 1383330010001

PRICE Call for Pricing

RESTRICTIONS None

RES A BLK 1 CITY CENTRE AT LEGAL MIDTOWN

DETENTION On-site

dmre.com 2 2020 DEMOGRAPHICS

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

2020 POPULATION ESTIMATE 28,652 190,875 492,921

5-YR EST. POPULATION GROWTH 5.5% 5% 5.5%

AVERAGE HOUSEHOLD INCOME $156,844 $167,028 $142,975

MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS $531,940 $471,300 $399,498

2020 TAX RATES

001 HOUSTON ISD 1.133100

040 HARRIS COUNTY 0.391160

041 HARRIS CO FLOOD CNTRL 0.031420

042 PORT OF HOUSTON AUTHY 0.009910

043 HARRIS CO HOSP DIST 0.166710

044 HARRIS CO EDUC DEPT 0.004993

048 HOU COMMUNITY COLLEGE 0.100263

061 CITY OF HOUSTON 0.561840

872 TIRZ 27 - MONTROSE ZN (061)

939 HC ID 11

TOTAL 2.399396

dmre.com 3 AERIAL / SOUTH

RICE VILLAGE

TEAS MEDICAL CENTER THE LARGEST MEDICAL COMPLEX IN THE WORLD 106K+ $3B 7.2M ttal emlyees in nsttin isits/yea ets neway

7,100+ 300 TOP 5 WEST U/MUSEUM DISTRICT stents ae tee-line amn iate KIRBY DR ams niesities in US Home Values up to $10.9M

S SHEPHERD DR

WOODHEAD ST

HAZARD ST

W ALABAMA ST

MONTROSE Home Values up to $1.7M ±2.25 ACRES

LANIER MS ±1,469 Students Niche Score: A-

dmre.com 4 AERIAL / EAST

CLOSE TO MONTROSE (ALL WITHIN 2 MILES) 5 James Beard 2020 semifinalists. MONTROSE COLLECTIVE 15 of Houston's top MONTROSE 100 restaurants Home Values up to $1.7M 200+ restaurants, coffee shops & bars

WESTHEIMER RD LANIER MS ±1,469 Students Niche Score: A-

S SHEPHERD DR ±2.25 ACRES

W ALABAMA ST

dmre.com 5 LOCATION OVERVIEW

THE SITE HAS A WALK SCORE OF 95

THE SITE HAS A BIKE SCORE OF 78

dmre.com 6 PRIME LOCATION

PRIME DEVELOPMENT SITE IN UPPER KIRBY • Located within a dense established population with high income. • Proximity to the well connected and culturally vibrant Montrose Neighborhood.

CLOSE PROXIMITY TO S SHEPHERD DR • Easy access to high profile names in retail, trendy boutiques, fine art and popular eateries. • Convenient access to US 59 via S Shepherd Dr.

CLOSE TO HOUSTON'S

Less than a mile to the Shops at Arrive River Oaks BEST ENTERTAINMENT AND RETAIL • The Montrose neighborhood is less than a mile away; which has been considered to be Houston's coolest neighborhood and the center of the city's food scene. • , Downtown Houston, , and River Oaks are within 2 miles of the Property.

Rendering of Fulshear Marketplace Rendering of Fulshear Marketplace MontroseEaDo - Truck - Less Yard than a mile away RiceEaDo Village - Truck - 1.5 Yard miles away

dmre.com 7 LISTINGS TEAM

CONTACT US Tom Dosch David Marshall Principal Principal [email protected] [email protected] 713.955.3126

MARKETING & OPERATIONS TEAM

Tim Dosch Joann Lim Marketing Coordinator Principal [email protected] 713.955.3127 Jessica Lukert Administrative Coordinator

dmre.com 8 INFORMATION ABOUT BROKERAGE SERVICES APPROVED BY THE 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.

Before working with a real estate broker, you should know IF THE BROKER ACTS AS AN INTERMEDIARY: If you choose to have a broker represent you, that the duties of a broker depend on whom the broker A broker may act as an intermediary between the parties if you should enter into a written agreement with the represents. If you are a prospective seller or landlord (owner) the broker complies with The Texas Real Estate License Act. broker that clearly establishes the broker’s obligations or a prospective buyer or tenant (buyer), you should know The broker must obtain the written consent of each party to and your obligations. The agreement should state how that the broker who lists the property for sale or lease is the the transaction to act as an intermediary. The written consent and by whom the broker will be paid. You have the right owner’s agent. A broker who acts as a subagent represents must state who will pay the broker and, in conspicuous bold to choose the type of representation, if any, you wish the owner in cooperation with the listing broker. A broker or underlined print, set forth the broker’s obligations as an to receive. Your payment of a fee to a broker does not who acts as a buyer’s agent represents the buyer. A broker intermediary. The broker is required to treat each party honestly necessarily establish that the broker represents you. may act as an intermediary between the parties if the and fairly and to comply with The Texas Real Estate License Act. If you have any questions regarding the duties and parties consent in writing. A broker can assist you in locating responsibilities of the broker, you should resolve those a property, preparing a contract or lease, or obtaining A broker who acts as an intermediary in a transaction: questions before proceeding. financing without representing you. A broker is obligated by law to treat you honestly. 1. shall treat all parties honestly;

IF THE BROKER REPRESENTS THE OWNER: 2. may not disclose that the owner will accept a price less than The broker becomes the owner’s agent by entering into an the asking price unless authorized in writing to do so by the agreement with the owner, usually through a written - listing owner; agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent 3. may not disclose that the buyer will pay a price greater than may work in a different real estate office. A listing broker or the price submitted in a written offer unless authorized in subagent can assist the buyer but does not represent the writing to do so by the buyer; and buyer and must place the interests of the owner first. The 4. may not disclose any confidential information or any buyer should not tell the owner’s agent anything the buyer information that a party specifically instructs the broker in would not want the owner to know because an owner’s agent writing not to disclose unless authorized in writing to disclose must disclose to the owner any material information known the information or required to do so by The Texas Real Estate to the agent. 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 With the parties’ consent, a broker acting as an intermediary agreement to represent the buyer, usually through a written between the parties may appoint a person who is licensed under buyer representation agreement. A buyer’s agent can assist The Texas Real Estate License Act and associated with the the owner but does not represent the owner and must place broker to communicate with and carry out instructions of one the interests of the buyer first. The owner should not tell a party and another person who is licensed under that Act and buyer’s agent anything the owner would not want the buyer associated with the broker to communicate with and carry out to know because a buyer’s agent must disclose to the buyer instructions of the other party. any material information known to the agent.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

BROKER FIRST NAME LICENSE NO. EMAIL PHONE

BUYER, SELLER, LANDLORD OR TENANT BUYER, SELLER, LANDLORD OR TENANT

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 or 512-465-3960. Contact Us Austin/San Antonio: Dallas/Fort Worth: Houston:

254.913.1931 214.206.4154 713.955.3120 801 Barton Springs Rd 14555 Dallas Pkwy, Suite 100 777 Post Oak Blvd, Suite 255 www.dmre.com Austin, TX 78704 Dallas, TX 75254 Houston, TX 77056

dmre.com 10