219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
FOR SALE
STONE CREEK NRT 219 Acre development site in Glenn Heights, Tx (residential + commercial) Close to Interstate I-35 Zoned PD (planned development) : Residential, Commercial+Office
Site
PROPERTY : 219 acre development tract. SITE DETAILS :
LOCATION: Stone Creek Blvd in Glenn Heights, TX, • 181 acres : Single family ( total : 524 units) EastPROPERTY of I35. NW quadrant OVERVIEW of Ovilla Rd and S. Hampton Rd • 21 acres : Light Office + Loop 9 • 17 acres : Commercial/retail (frontage on S Hampton • South of Downtown Dallas (19 miles) Rd) • Easy access to Interstate Hwy I-35 (3.5 miles) • Phase 1 : Single Family Residences (160 homes already built and occupied). • RED OAK ISD School district . Walking distance to • Phase 2 : 155 lots currently under construction. Shields Elementary school. • Water, Sewer, Electricity and Gas available to site • Dart Bus Station Park/Ride: 3 miles • Hardwood tree buffers on three sides of site. • “Dart on Call” bus service – Available PRICE: $21,000 per acre (residential) ZONING: approved PD : Planned Development : SFR $2.09 per sqft ( commercial residential, office, commercial retail ).
FOR MORE DETAILS CONTACT: Coldwell Banker Commercial NRT Laurent FERAL [email protected] c: 817-888-0569 5221 N O’CONNOR Blvd, Suite 180 Greg CAGLE [email protected] c: 817-373-0835 Irving, 75039 TEXAS , USA Zulikha HUSSAIN [email protected] c: 913-461-9697
©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal CBCWorldwide.com Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX FOR SALE “ Stone Creek”
LGI Homes exis ng Future Loop 9 planned development Commercial tracts One block north
Ashton Woods Starlight Water Lines homes building site under And Sewer construc on (phase 2) lines available .
Access roads Residen al Site
Ovilla Creek Estates Villages of Charleston (new development)
Demographics for Glenn Heights, Texas
Income 1-mi. 3-mi. 5-mi. Per Capita Income (based on Total Popula on) $20,385 $26,928 $27,532 Average (Mean) Household Income $68,066 $82,219 $79,836 Median Household Income $58,281 $64,897 $63,630 Aggregate Income $90,175,713 $1,283,787,122 $3,496,389,814
Popula on 1-mi. 3-mi. 5-mi. Total Popula on 4,269 47,218 125,278
2015/2016 Demographics provided by Experian through Alteryx
Coldwell Banker Commercial NRT 5221 N O’CONNOR Blvd, Suite 180 Irving, 75039 TEXAS , USA
©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal 2 Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the CBCWorldwide.com Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Aerial picture Stone Creek
Residen al: 181 Acres PD Zoned
©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal 3 Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the CBCWorldwide.com Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek Detailed layout
4 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek
Residen al tracts : 181 acres PRICING : $ 21,000 /Acre $ 0.48/sq • Number of lots: 524, (from 6,600 to 12,000sq ) • 213 lots of 6,600 sq minimum • 215 lots of 7,500 sq minimum • 62 lots of 10,500 sq minimum • 34 lots of 12,000 sq minimum • Premium lots backing on creeks. • Fully Approved Planned Development (City of Glenn Heights Ordinance). • Subdivision possible (minimum 50 acres) • Red Oak ISD . Walking distance from Shields Elementary school. • Natural ameni es: large hardwood trees with creeks on 3 sides of the property • Hike and bike trails planned along the perimeter, & passive park . • Right of first refusal on 37 acres, from Phase 2 builder (Ashton Woods-Starlight)
Commercial tracts : 17.13 acres PRICING : $ 91,000 /Acre $ 2.09 /sq • Tract A and Tract B, at entrance of community. A rac ve entryway. • Frontage on S. Hampton Rd, and easy access to future Loop 9 • ZONED: Neighborhood commercial • Within half a mile of Glenn Heights City Hall.
Light office/loop 9 : 21 acres PRICING : $ 21,000 /Acre $ 0.48 /sq • North of residen al lots. • Light office: approximately 10 acres, depending on exact loca on of Loop 9
5 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek
6 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
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7 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
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Stone Creek Future Loop 9 coming to Glenn Heights
The need for the Loop 9 Southeast project is to address popula on growth, transporta on demand, system linkages, and connec vity among the exis ng roadway facili es. Loop 9 Southeast would provide a direct link from US 67 to I-20 and would serve the residents in the area.
The need for these improvements is based on: Within the communi es in the study area, the popula on is forecasted to increase nearly 45 percent (%) and employment nearly 43% from 2000 to 2035. The exis ng transporta on infrastructure serving these communi es is insufficient to effec vely meet the access and mobility needs associated with this growth. The current transporta on infrastructure does not adequately provide connec vity between the communi es in the study area thereby, inhibi ng emergency response, access to services, employers, major freight and trucking yards, transit services, and other community facili es. • Within the study area, the exis ng roadway system provides sufficient north-south radial access but lacks con nuous east-west transporta on facili es to serve these growing communi es.
Loop 9 Southeast is an element of the regional long-range transporta on plan that would aid in addressing the transporta on needs iden fied in the region. The dra purpose of the Loop 9 Southeast facility would be to: (1)Provide an east-west transporta on facility to serve the communi es in the area. (2) Reduce local area conges on and travel me. (3) Provide support for economic development within the region.
9 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek
Glenn Heights – Embracing Growth
The City of Glenn Heights is a growing bedroom community of approximately 11,300 residents located in both Dallas and Ellis County. Recently awarded the Governor’s Community Achievement Award for Keep Glenn Heights Beau ful, Glenn Heights is posi oned along the busy transporta on corridor of IH-35E.
The Glenn Heights community provides a serene se ng away from the pressures of a more urban environment,
Glenn Heights is located less than 20 miles from downtown Dallas, and 30 miles from the Dallas/Fort Worth (DFW) Interna onal Airport. Accessibility, loca on, and an excellent quality of life make Glenn Heights a desirable place to live and do business.
The City of Glenn Heights is commi ed to the promo on, reten on and recruitment of high quality development within the City of Glenn Heights and to be er the quality of life for its ci zens. These objec ves can o en be a ained by the enhancement and expansion of the local economy. To meet these objec ves, the City of Glenn Heights will, on a case-by-case basis, consider providing economic development incen ves to aid in the s mula on of economic development in Glenn Heights.
City of Glenn Heights Economic Development Department Mission Statement: “To encourage and promote desirable commercial and retail development in a manner that supports and enhances the community character and quality of life.”
10 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek
About Glenn Heights, TX
Community Profile Glenn Heights is a pleasant residen al community that enjoys a low cost of living and is just minutes from Dallas. The City is ideal for those who want the quiet life with the convenience of having access to the ameni es of nearby metropolitan areas.
General City Informa on Glenn Heights is a Home Rule City with a "Council-Manager" form of Regional Advantages government. Glenn Heights is the only southern suburb of Dallas along Public safety is a serious concern for the city. Glenn Heights is proud of its the I-35E Corridor that full- me, professional Police Department. The Department staff includes a par cipates in Dallas Area Rapid chief, detec ves, local 911 opera ons/dispatch, and several full- me and Transit (DART). reserve officers. The crime rate is low and the city leaders supported by the Police Department are commi ed to maintaining that standard. DART operates a "Park and Ride" facility just off of I35E on Bear The mission of the Glenn Heights Fire Department is to preserve life and Creek and operates early promote health and safety through excellent pre-hospital treatment and morning and late evening routes transporta on, fire preven on, fire suppression and rescue ac vi es. in the northern por on of the These services are provided by a well-trained, professional department city. This service, par ally funded who maintain full- me opera ons 24/7/365. Volunteer firefighters are by sales tax, enables Glenn also available to support the Department. To ensure a robust response for Heights residents with the all-hazards, the Fire Department and the departments form neighboring opportunity enjoy the jurisdic ons maintain mutual aid agreements. advantages of regional
Water provided through the municipal system is generally comprised of transporta on. surface water from Dallas but is supplemented by treated local well water when necessary. Waste water is carried to the Regional Red Oak Creek Sewage Treatment Plant operated by the Trinity River Authority. This facility allows a balanced growth in home and business construc on without the risk of damaging the environment through excessive sep c system use. In fact, during the construc on of the facility, major trunk lines were built in the region so that "Environmentally Friendly" developers throughout the Southern Watershed could have affordable access.
11 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek
Glenn Heights – Embracing Growth
Schools The northern, Dallas County por on of the City of Glenn Heights lies in the DeSoto Independent School District. Moates Elementary School and Cur stene S. McCowan Middle School serve families in Glenn Heights as well as those in parts of Southern DeSoto and Lancaster. The junior high and high school are within minutes of the city and bus service is provided. DeSoto ISD is a 6A school district with all the advantages of being one of the largest school districts in the state.
The southern, Ellis County por on of the city lies in the Red Oak School District. Donald T. Shields Elementary School and Russell P. Schupmann Elementary School are located in Glenn Heights and serve the city as well as the ci es of Ovilla, Oak Leaf, Red Oak and the unincorporated areas of Northern Ellis County. The middle school, junior high, and high school are all located in Red Oak. As with DeSoto, bus service is provided. Red Oak ISD is a 5A school with the advantages of being a mid-sized school district in a more rural environment.
Several private and charter school alterna ves are available in and around the city including The Canterbury School. Childcare providers are also abundant.
Churches Five organized churches are located in Glenn Heights. Since Glenn Heights is part of the metroplex, congrega ons of every faith are only minutes away.
The DART Bus System Dallas Area Rapid Transit (DART) transports its customers throughout the Metroplex - Dallas and 12 suburban ci es - with a wide range of public transit services and customer facili es tailored to make travel fast, comfortable, and economical. In addi on to new light rail and commuter rail services, a modern fleet of nearly 1,000 buses and vans create a network across a 700-square-mile service area. The service moves approximately 200,000 passengers to work, school, shopping and entertainment des na ons every day. DART provides li -equipped van service for mobility-impaired customers, plus special rideshare and transporta on management programs for busy commuters and large employers.
For outdoorsmen Glenn Heights is minutes away from Lake Joe Poole. To the south is Lake Waxahachie, Lake Whitney, and Bardwell. Each of these loca ons provide camping, fishing, hun ng and water sport ac vi es. The world famous "Dallas HI-HO Campground" is located in Glenn Heights. This overnight camping park is located in the 200 block of Bear Creek Road just West of Hampton Road. This facility brings guests to the city from all over the world and provides overnight and seasonal spaces. The area is referred to as "Southern Country" and offers quail, dove, duck, rabbit, and squirrel hun ng opportuni es that are available upon clearing the city limits and gaining land owner permission. Addi onal regional informa on can be obtained from the DeSoto Chamber of Commerce, the Dallas Chamber of Commerce, and the Best Southwest Chamber of Commerce.
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Stone Creek Single Family residences Pricing , Glenn Heights
13 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX NRT Stone creek DEMOGRAPHICS 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX NRT Stone Creek DEMOGRAPHICS 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek DEMOGRAPHICS 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX NRT Stone Creek DEMOGRAPHICS 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX NRT Stone Creek DEMOGRAPHICS 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX
Stone Creek Confiden ality statement
This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the Seller.
If applicable, the projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections.
This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent.
Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing.
The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties.
Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.
19 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX INFORMATION ABOUT BROKERAGE SERVICES “ Stone Creek, Glenn Heights
Laurent FERAL 662314 [email protected] 817 888 0569
©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal 20 Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the CBCWorldwide.com Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX NRT
CONTACT INFORMATION
For more information, please contact:
Coldwell Banker Commercial, NRT 5221 N O’CONNOR Blvd, Suite 180, IRVING, TX 75039 - USA
Laurent FERAL
817-888-0569 [email protected]