Waterfront, Palacios TexasPalacios, 77465

La Buena Vida

805-ACRE WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY Waterfront, Palacios Tx

ALEX MAKRIS HOAN LE JEFF PITTMAN © 2020 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your LAND SERVICES LAND SERVICES LAND SERVICES responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are Tel: 713 577 1827 Tel: 713 577 1675 Tel: 713 305 9289 for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a alex.makris@cbre. [email protected] jeff.pittman@cbre. careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Waterfront, Palacios Texas COMPLETE OFFERING SUMMARY

WATERFRONT, PALACOIS TEXAS PROPERTY HIGHLIGHTS

Palacios, Texas is a beautiful coastal town on the Gulf • Located within designated Opportunity Zone of Mexico in Southeast Texas. The town is well located • Excellent residential resort development opportunity with in a short drive from the major metropolitan areas of • Will subdivide and sell separately Houston (1 hr. 20 min), San Antonio (2.5 hrs.), and Austin • All utilities to the property (2.5 hrs.) which makes the town an ideal seaside getaway. • Adjacent to Beachside Resort Community Palacios was originally founded in 1822 and named after • Possible annexation into Beachside Resort Community the governor at the time Jose Felix Trespalacios. As the town grew into the twentieth century, camp Hulen, (subject • Located very close to part of Palacios allowing for easy access property) was established and housed the 36th Infantry of to shopping and fresh seafood the Texas National Guard. During World War II, Camp • Former Camp Hulen Military Base during WWII Hulen was leased to the US War Department and became a • 15,000 linear feet of coastline on Turtle Bay training facility housing up to 15,000 personnel as well as • Close proximity to Palacios Municipal Airport a number of German prisoners of War. • Less than a 2 hour drive from Austin/San Antonio • Peninsula bulkheaded on both sides Camp Hulen closed in 1946, the population of Palacios • Property is closer to Sugar Land than Galveston began to decrease and this quaint, sleepy town became • Over $20 Million in existing capital improvements on home to many immigrants from Mexico and Vietnam. These adjacent property including new roads, curb and gutter, new residents have helped Palacios establish itself as a quiet clubhouse with swimming pool, and other amenities fishing village on the South Texas Gulf Coast. Which makes Palacios the perfect place for new, coastal development. A place folks can go, to escape the stress of Big City Life. SPREAD 02 805 ACRES Waterfront, Palacios Tx Of leisure on the Texas coastline WATERFRONT COMMUNITY IDEAL LOCATION Palacios, Texas is within 2.5 hour 805 acres available adjacent drive of three major metropolitan to Beachside waterfront community areas of Houston, Austin and with direct access to Turtle Bay, San Antonio Tres Palacios Bay and Gulf of Mexico Making Palacios the perfect leisure getaway location on the Texas Gulf Coast

35 TEXAS HENDERSON AVE N 1ST ST

NORTHERN PARCEL CAMP HULEN PALACIOS

MAIN ST

CENTER PARCEL

TURTLE BAY

TRES PALACIOS BAY

PENINSULA PROPERTY

SPREAD 03 N At Home in Waterfront, Palacios Tx. Intimate & Friendly Coastal Community

ENTIRE ± 805 ACRES

± 96 ACRES

Tres Palacios Bay

± 223 Turtle Bay ACRES

BEACH SIDE BLVD

CT RD 321

± 474 ACRES CAMP HULEN

35 SH 35 BUSINESS TEXAS

S HWY 35

RECREATIONAL THRIVING DESTINATION ARTS & CULTURE

Opportunity for fishing, A strong artistic and waterfowl hunting, cultural identity boating, water sports, • Local art center camping, hiking, golf, etc. • Variety of galleries • Downtown museums • Cultural institutions

NATURAL MILD WINTERS & PARADISE WARM SUMMERS

Featuring some of the best Destination for “Winter birdwatching in the U.S. Texans,” those seeking Home to Aransas National reprieve from colder Wildlife Refuge, a protected climates. haven for the endangered Whooping Crane and many other bird and marine species.

SPREAD 04 N

Collegeport

Palacios

Tres Palacios Bay

Port Lavaca Lavaca Bay

Magnolia Beach

Port Oconnor

Seadrift

AUSTIN 2.5 HOURS Espiritu Santo Bay 170 MILES Gulf of Mexico

HOUSTON 2 HOURS 110 MILES

SAN ANTONIO 2.5 HOURS 180 MILES

VICTORIA SITE

NOTE: DRIVETIME TO PALACIOS FROM SUGAR LAND, TX IS SHORTER THAN DRIVE TIMES TO GALVESTON

CORPUS CRISTI Gulf of Mexico 2 HOURS 120 MILES

SPREAD 05 DEVELOPMENTWaterfront, READY Palacios Texas

Gated, waterfront community conveniently located on the Gulf Coast about halfway between Houston and Corpus Christi. It is connected to DALLAS/ FORT WORTH both cities by State Highway 35.

DEVELOPMENT FEATURES AUSTIN HOUSTON

• Underground Utilities PORT OF SAN HOUSTON • Curbed and Guttered Monument Entry ANTONIO • Bulk Headed Waterfront • Private Marina Area & Boat Slips CORPUS CHRISTI DRIVE TIMES: 3 hours to San Antonio (180 miles) A portion of Beachside, 2 hours to Houston (110 miles) Palacios has been 3 hours to Austin (170 miles) designated for a bird 2 hours to Corpus Cristi (120 miles)

sanctuary and wetland

N N An Oasis for fishing and nature enthusiasts

ENTIRE 805 ACRES - $X,XXX,XXX

Seconds away from Tres Palacios Bay Estes Flats, home to world-class redfish and Speckled Trout fishing CT RD 321

BEACH SIDE BLVD Less than 79.26 nautical miles to the SH 35 BUSINESS Turtle Bay Port Aransas jetties for access to deep sea fishing in the Gulf of Mexico.

35 TEXAS PALACIOS MUNICIPAL Peaceful views of the protected AIRPORT-PSX 35 wetlands areas and bountiful, wildlife- TEXAS populating wetlands.

SPREAD 06 N

35 TEXAS

TURTLE BAY

NORTHERN TRACT ± 474 ACRES

CAMP HULEN SH 35 BUSINESS CT RD 32

SH 35 BUSINESS

The Good Life

SITE PLAN - NORTHERN PARCEL

N PALA D584 RESET 1963 SE ELEV.: 9.50 NAVD ‘88 LEGEND SW STATE HIGHWAY NO. 35 1140’15 R.O.W.I ACRES160 AC NORTH 13,456,049.77 CRAIG A. WALLIS. ET AL FSR FOUND 5/8 INCH DIAMETER STEEL REBAR EAST 2,847,926.79 VOC. 535. PAGE 47 DEED RECORDS WITH YELOW PLASTIC CAP STAMPED 10.18 ACRES LAMESA CORPORATION “URBAN SURVEYING, INC.” INSTR. # 2002026801 SE END MEANDERS OF OFFICIAL RECORDS SSR SET 5/8 INCH DIAMETER STEEL REBAR 3.75 ACRES 39.48 ACRES WITH YELLOW PLASTIC CAP STAMPED 160 AC TURTLE BAY SHORELINE LAMESA CORPORATION TURTLE BAY COVE. LTD. El Paso Field VOL. 734. PG. 886 “URBAN SURVEYING, INC.” NORTHERN TRACT NORTH 13,453,819.59 INSTR. # 2004048354 Services DEED RECORDS OFFICIAL RECORDS HIGHLIGHTS EAST 2.848,051.45 27’ x 45’

FSR FSR

SSR 34.4457 ACRES • Located within designated LAMESA CORPORATION CLEAK FILE NO. 062316 Opportunity Zone D.R.M.C.T. • 1 mile of water front on NE NW NE 160 AC SSR Turtle Bay NW 160 AC 160 AC CONTROL POINT 115 ELEV.: 10.13 NAVD ‘88 • Frontage and access NORTH 13,453,824.80 EAST 2,849,725.08

along Hwy 35 12TH STREET • Utilities available from COLLINS DRIVE

City of Palacios BAY OF TURTLE SHORTLINE 474.10 ACRES BEARINGS AND DISTANCES

SW SE NO. 35. BUSINESS (100’ R.O.W.I) HIGHWAY STATE SW SE BEGIN MEANDERS OF 160 AC 160 AC 160 AC TURTLE TURTLE BAY SHORELINE STATE HIGHWAY NO. 35. BUSINESS (100’ R.O.W.) NORTH 13,448,716.77 BAY EAST 2.847.711.25

SPREAD 07 PALACIOS MUNICIPAL CT RD 316 AIRPORT - PSX

35 TEXAS

SH 35 BUSINESS

TURTLE BAY

BEACH SIDE BLVD

CENTER TRACT ± 223 ACRES

N

TRES PALACIOS BAY

Beautiful Coastal Town

SITE PLAN - CENTER PARCEL

N

NW NE NW 160 AC 139.79 AC 10.86 ACRES CAMP HULEN RM 3 ELEV.: 9.90 NAVO’88 NORTH 13,446,025.39 EAST 2,852,103.34 223.38 ACRES

CENTER TRACT SE HIGHLIGHTS 70 AC • Located within designated

CONTROL POINT 100 Opporuntiy Zone ELEV.: 3.14 NAVO’88 • 223 acres within Gated NORTH 13,445,602.57 TURTLE Community of Beachside EAST 2,852,072.65 • Utilities to the property BAY • Possible annexation into HOA Beachside community • Canals partially in place

SPREAD 08 N

PALACIOS

BAY POINT DRIVE TRES PALACIOS BAY

CAMP HULEN DR

PENINSULA TRACT ± 96 ACRES

TURTLE BAY

SITE PLAN - PENINSULA TRACT

END MEANDERS OF TURTLE BAY SHORELINE N PENINSULA TRACT NORTH 13,443,731.87 HIGHLIGHTS EAST 2,847,240.99 SHORELINE OF TURTLE BAY

• Within designated JENSEN POINT ELEV.: 5.95 NAVD’88 BEGIN MEANDERS OF NORTH 13,444,106.37 96.70 Opportunity Zone TRES PALACIOS BAY SHORELINE EAST 2,842,207.39 ACRES NORTH 13,443,214.87 • Fully bulkheaded EAST 2,848,350.55 WOODEN END EXISTING BRIDGE • Utilities to the property line WOODEN BULKHEAD FACE OF EXISTING WOODEN BULKHEAD NORTH 13,442,190.23 • Within Gated Community of EAST 2,846,395.43 BEGIN EXISTING WOODEN BULKHEAD Beachside 30’ wide Permanent Easement to Matagorda County-Palacios NORTH 13,441,902.48 Seawall Commission recorded in Volume 319, Page 731, Official Records. Matagorda County, Texas EAST 2,846,729.64 • Possible annexation into HOA BEGIN EXISTING WOODEN BULKHEAD Beachside Community BEARINGS AND DISTANCES NORTH 13,439,933.97 BEARINGS AND DISTANCES SHORELINE OF TRES PALACIOS BAY • 3 miles of bulkheaded water SHORELINE OF TURTLE BAY EAST 2,842,243.42 front on Turtle Bay and Tres Palacios Bay BEARINGS AND DISTANCES

• Ideal location for fishing 30’ wide Permanent Easement to Matagorda County-Palacios Seawall Commission recorded in Volume 319, Page 731, Official Records. Matagorda County, Texas and water based recreation FACE OF EXISTING WOODEN BULKHEAD BEARINGS AND DISTANCESEND EXISTING WOODEN BULKHEAD NORTH 13,439,704.22 EAST 2,842,887.26

INTERSECTION OF TURTLE SHORELINE OF TRES PALACIOS BAY AND SHORELINE OF TURTLE BAY NORTH 13,438,402.97 BAY EAST 2,839,776.85 SHORELINE OF TRES PALACIOS BAY

SPREAD 09 Waterfront, Palacios Texas 805-ACRE WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY

SPREAD 10 ALEX MAKRIS HOAN LE JEFF PITTMAN © 2019 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or LAND SERVICES LAND SERVICES LAND SERVICES representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, Tel: 713 577 1827 Tel: 713 577 1675 Tel: 713 305 9289 opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, [email protected] [email protected] [email protected] financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.