±4 Acres in Garden Oaks W TC Jester Blvd, Houston, TX 77018
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DOWNTOWN HOUSTON · 6 MILES Employment Entertainment Hosts 12 of Houston’s 26 Fortune 500 Houston Theater District companies Minute Maid Park Major Employers (Number of Employees) (Houston Astros) Chevron (7,000) Toyota Center (Houston Shell Oil Company (6,500 Rockets) Chase Bank (4,695) George R. Brown KBR (3,175) Convention Center ExxonMobil Corporation (3,000) Discovery Green Park El Paso Corporation (2,200) CenterPoint Energy (2,040) Hess Corporation (1,870 United Airlines (1,840) GREATER HEIGHTS Wells Fargo (1,695) American Legion Park LAZYBOOK/TIMBERGROVE Gatlin's BBQ ELLA BLVD Union Kitchen 610 Toasted Mattress One Paws Pet Resort Oak Forest Swimming Pool JUDIWAY ST Oaks Dad’s Club W 34TH ST OAK FOREST DR » W TC JESTER BLVD GARDEN OAKS « ROSSLYN RD | E TC JESTER BLVD ±4.0ACRES FUTURE ROW DU BARRY LN OAK FOREST/GARDEN OAKS Home Prices up to $1.3M TC Jester Park ±4 Acres in Garden Oaks W TC Jester Blvd, Houston, TX 77018 OFFERING MEMORANDUM Contacts Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Senior Associate 713.955.3120 [email protected] [email protected] O 713-955-3127 O 713-955-3121 777 Post Oak Blvd Houston, TX 77056 M 713-459-8123 M 918-629-5592 www.dmreland.com Exclusive Representation David Marshall Dillon Mills Dosch Marshall Real Estate (DMRE) has been exclu- sively retained to represent the Seller in the disposition Principal Senior Associate of ±4 acres between W TC Jester Blvd and E TC Jester [email protected] [email protected] Blvd at Judiway St, Houston Garden Oaks, TX 77018 O 713-955-3126 O 713-955-3123 (Property). All inquiries about the Property should be directed to DMRE. M 713-206-1574 M 713-254-3824 About DMRE Dosch Marshall exists to provide unmatched real estate brokerage services across the U.S. by connect- ing our expansive network, market knowledge, and Tom Dosch Tripp Rich expertise in land brokerage with innovative processes. Principal Transaction Manager Founded in 2017, but in the Houston market for the [email protected] [email protected] past 15 years, our goal is to represent our clients O 713-955-3125 O 713-955-3124 with excellence. In real estate as in other industries M 713-557-4455 M 936-635-6968 experience is key: collectively, DMRE has 40 years of experience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an award that recognizes those who have traded the largest transactions in Houston for the year. Clark Dalton Kenneth Danna Vice President Analyst [email protected] [email protected] O 713-955-3122 O 713-955-3120 M 832-449-2223 M 713-829-2615 ±4 ACRES IN GARDEN OAKS 2 PROPERTY Property Aerial American Legion Park W 43RD ST ELLA BLVD Gatlin's BBQ RETAIL Oak Forest Center OAK FOREST DR Oak Forest Swimming Pool JUDIWAY ST Oaks Dad’s Club « ROSSLYN RD | E TC JESTER BLVD OAK FOREST/GARDEN OAKS Home Prices up to $1.3M » ±4.0 ACRES FUTURE ROW DU BARRY LN W TC JESTER BLVD W 34TH ST White Oak Bayou Greenway Trail TC Jester Park ±4 ACRES IN GARDEN OAKS 3 PROPERTY Property Aerial Dyer Stadium LAXYBROOK/TIMBERGROVE Home Prices up to $300K DACOMA ST 610 BROOKHOLLOW FUTURE Courtyard Houston Brookhollow World Wide Metric-Tx SpringHill Suites Houston Springfield College ~24-acre retail development Brookhollow Texas Paint Supply ~US-290 & Dacoma Texas Department of Public Safety Pritchard Industries BLS International Services Junior Achievement of SE Texas MEMCO Staffing Texas Department of Motor Vehicles Ebay Services of Texas ARC of Greater Houston White Oak Bayou Greenway Trail The Gateway Academy Brookstone construction managers Balfour Beatty Construction Texas Children's Pediatrics Heights MacroFab, Inc Smart Financial Credit Union W 34TH ST W TC JESTER BLVD TC Jester Park Oaks Dad’s Club « E TC JESTER BLVD | ROSSLYN RD ±4.0 ACRES FUTURE ROW » OAK FOREST/GARDEN OAKS DU BARRY LN Home Prices up to $1.3M ±4 ACRES IN GARDEN OAKS 4 PROPERTY Property Information Development opportunity in Garden Oaks Property Details • Garden Oaks is an attractive residential submarket with LOCATION Between W TC Jester Blvd and E TC Jester Blvd at Judiway St active lifestyle amenities, unique restaurants, and outdoor Houston Garden Oaks, TX 77018 recreation spots LAT., LONG. 29.820371, -95.447968 • The Property is less than 500 feet from TC Jester Park and Whiteoak Bayou Greenway Trail, which provides over 15 TOTAL SIZE ±4.0 miles of public greenspace and hike-and-bike trails connect- COUNTY Harris ing Garden Oaks with Washington Corridor and Downtown Houston UTILITIES City of Houston • The Property is 3 miles from the center of The Heights, a SCHOOLS Houston Independent School District historic Houston neighborhood which has become an area of interest for young professionals in Houston FLOODPLAIN A portion of the property is in the 100-year floodplain PRICING TBD by market Making an Offer Offer Information 2017 Tax Rates Offers should be presented in the form of a non-binding 1 HOUSTON ISD 1.206700 Letter of Intent, and should include: • Pricing 40 HARRIS COUNTY 0.418010 • Due Diligence and Closing Timeframe 41 HARRIS CO FLOOD CNTRL 0.028310 • Earnest Money Deposit • Description of Debt/Equity Structure 42 PORT OF HOUSTON AUTHY 0.012560 • Qualifications to Close 43 HARRIS CO HOSP DIST 0.171100 • Development Plans 44 HARRIS CO EDUC DEPT 0.005195 Due Diligence Information 48 HOU COMMUNITY COLLEGE 0.100263 To access the due diligence information please visit the Property website at: dmreland.com/listings/#615 61 CITY OF HOUSTON 0.584210 Additional Property Details Total 2.526348 PARCEL ID 0432050050357 0432050050353 1360930010013 - 1360930010036 2017 Demographics 1360930010040 - 1360930010046 0-1 mi 0-3 mile 0-5 miles OWNER 3675 WTCJ TOWNHOMES LLC EST. POPULATION 2017 18,752 147,981 415,798 PROPERTY 3675 W T C JESTER BLVD HOUSTON, TX 77018 5-YR EST. POPULATION GROWTH 8.35% 8.50% 7.67% LEGAL TR 10 ABST 539 W P NORTON AVERAGE HOUSEHOLD INCOME $102,931 $97,717 $101,098 MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS $235,549 $212,810 $202,066 ±4 ACRES IN GARDEN OAKS 5 PROPERTY Site Plan Site plan depicted is for 140 garden style apartment units. " 0 ' - 5 R Traffic Counts W TC JESTER BLVD DU BARRY LN E TCE JESTER BLVD ±4.0 ACRES W TC JESTER BLVD ±4.0 12,240 CPD 9,160 CPD ACRES 12,240 FUTURE ROW 16,443 CPD W 34TH ST 17,770 CPD « E TC JESTER BLVD | ROSSLYN RD » ±4 ACRES IN GARDEN OAKS 6 PINEMONT DR T C JESTER BLVD 45 ANTOINE DR ANTOINE INDEPENDENCE HEIGHTS W 43RD ST UP TO $450K ROSSLYN DR ROSSLYN OAK FOREST/GARDEN LANG RD LANG UP TO $1.3M CROSSTIMBERS ST 290 INDUSTRIAL CORRIDOR GARDEN OAKS AIRLINE DR ±4.0 Ac HEMPSTEAD RD W 34TH ST 1 MI 610 ELLA BLVD W 19TH ST SHOPPING DISTRICT DINING • NIGHTLIFE • FITNESS • THEATER • SHOPPING WIRT RDWIRT NEAR NORTHSIDE UP TO $500K W 20TH ST W CAVALCADE ST LONG POINT RD THE HEIGHTS FULTON ST W 18TH ST UP TO $1.5K SPRING BRANCH EAST YALE STYALE UP TO $1.6M STUDEMONT ST 3 MI ST ELYSIAN N DURHAM DR THE HEIGHTS SILBUR RD HEIGHTS BLVD N SHEPHERD DR W 11TH ST STSAWYER 610 HOUSTON AVE HOUSTON OLD KATY RD WHITE OAK DR T C JESTER BLVD WHITE OAK DRIVE MEMORIAL DR NOTABLE RESTAURANTS & NIGHTLIFE 10 WESTCOTT ST 5 MI WASHINGTON AVE MEMORIAL PARK WASHINGTON CORRIDOR CENTRAL BUSINESS DISTRICT SPOTTS PARK WOODWAY DR ELEANOR TINSLEY PARK MONTROSE BLVD HOUSTON ARBORETUM & MEMORIAL DR NATURE CENTER 45 RIVER OAKS GOLF CLUB RIVER OAKS MINUTE MAID PARK SHOPPING CENTER THEATER DISTRICT RIVER OAKS GEORGE R BROWN CONVENTION CENTER GREENSTREET WAUGH DR MONTROSE DISCOVERY GREEN GALLERIA/ TOYOTA CENTER SAN FELIPE ST ±4 ACRES IN GARDEN OAKS UPTOWN 7 DISTRICT WESTHEIMER RD MAIN ST AREA HIGHLIGHTS Local Highlights Garden Oaks (Surrounding) Outdoor Recreation Attractive residential submarket with active lifestyle ame- nities, unique restaurants, and outdoor recreation spots, Memorial Park (<3 miles) Upcoming Renovation including: American Legion Park, Oaks Dads Club, Harriet • Includes Memorial Park Golf Course and facilities for • The Seymour-Lieberman Trail, the most popular run- and Joe Foster Family YMCA, White Oak Bayou Greenway tennis, softball, swimming, track, croquet, volleyball, ning trail in Houston, was recently renovated Trail, Oak Forest Swimming Pool, Bayou City CrossFit, GO skating, and cycling • Kinder Foundation made a $70 million contribution Pilates • Features the very popular Seymour Lieberman Exer- to the transformation of Memorial Park, which is Oak Forest Restaurants cise Trail, a 2.93 mile crushed granite pathway that expected to cost hundreds of millions of dollars and Wakefield Cowbar, Shepherd Park Draught House, Catty sees almost 3 million visits annually take about 20 years to complete Corner Ice House, Cottonwood, Mi Sombrero, Gatlin’s BBQ • Home to the Houston Arboretum & Nature Center, a • Memorial Park Conservancy, the Houston Parks and Oak Forest Center (<1 mile) 155-acre urban nature sanctuary with 5 miles of trails Recreation Department and the Uptown Development Kroger, Walgreens, PetSmart, Chase Bank, BBVA Compass Authority are leading the Memorial Park Master Plan Bank, Wells Fargo, Baskin-Robbins, Starbucks, Plonk Wine project; work began on the project in 2013 and Beer Bistro, Great Clips, Resource One Credit Union, Oak Forest Library American Legion Park The Houston Heights (1 mile) W 43RD ST ELLA BLVD Gatlin's BBQ A center of interest for young professionals in Houston; trendy bars and restaurants have flooded into the area, mak- ing it the newest and hottest of Houston’s nightlife spots OAK FOREST DR Oak Forest Swimming Pool Retail at Ella Blvd & W.