INNER LOOP LAND SITE
±19,793 SF • ±0.454 AC
FOR SALE • MONTROSE • HOUSTON, TX
W GRAY ST
MID-RISE APTS FLOORS: UNITS: 2 RIVER OAKS ATHLETIC CLUB SHOPPING CENTER
MORE THAN 70 NATIONALLY RECOGNIZED STORES, ECLECTIC SHOPS, AND DINING OPTION.
WAUGH DR
8,520 CPD (2016)
SHEPHERD DR RIVER OAKS THEATRE
COMMONWEALTH ST + FAIRVIEW ST
±19,793 SF • ±0.454 AC 290 FAIRVIEW ST DUNLAVY ST MONTROSE WILSON ELEMENTARY COLLECTIVE 610 SCHOOL 5,891 CPD (2016) 8,487 CPD (2016) PLANNED 150,000 SF W 20TH PROJECT
YALE COMPRISED OF 3 BUILDINGS
SHEPHERD 45 (3 TO 6 STORIES)
11TH 5,322 CPD (2016) STUDEWOOD
10 COMMONWEALTH ST 10 MEMORIAL PARK WASHINGTON UCHI FUTURE MONTROSE COLLECTIVE MEMORIAL 610 FAIRVIEW ST
8 SAN FELIPE
MONTROSE Houston KIRBY WESTHEIMER Paulie’s DA MARCO MONTROSE BLVD RICHMOND MID-RISE APTS59 FLOORS: UNITS: 2 WESTPARK BISSONNET 45 WESTHEIMER RD 288 RICE BLVD UNIVERSITY HERMANN PARK MAIN WESLAYAN
BELLAIRE HOLCOMBE LANIER MIDDLE SCHOOL NEIGHBORHOOD DEMOGRAPHIC SNAPSHOT 610 NEARTOWN - MONTROSE
36,015 TOTAL EST. POPULATION 19,872 TOTAL EST. HOUSEHOLDS $132,674 EST. AVG. HOUSEHOLD INCOME $1,012,275 EST. AVG.HH NET WORTH
NWC FAIRVIEW ST AND COMMONWEALTH ST, HOUSTON, TX 77006 ..5 M i MONTROSE NEIGHBORHOOD RIVER OAKS ill MIDTOWN SHOPPING CENTER ee MORE THAN 70 NATIONALLY RECOGNIZED STORES, . EST. POP: ECLECTIC SHOPS, AND .2 DINING OPTION. 5 OVERVIEW M 12,370 ii RIVER OAKS ll e THEATRE e “Known for its bohemian flavor, Montrose SHORT COMMUTES: One of the most DOWNTOWN has a unique combination of 1920s accessible neighborhoods in Houston, EST. POP: mansions, modern townhomes, luxury Montrose homes have convenient access 23,682 condos, art museums, wine lounges, and to main roads and freeways, including hip restaurants. Richmond Avenue, Montrose Boulevard, MONTROSE COLLECTIVE Southwest Freeway, Shepherd Drive, Allen PLANNED 150,000 SF UCHI HOUSTON PROJECT COMPRISED OF VIBRANT RETAIL: Montrose is constantly Parkway, and Westheimer Road, among 3 BUILDINGS WESTHEIMER RD (3 TO 6 STORIES) referred to as “One of Houston’s others. 527 Most Walkable Neighborhoods.” The neighborhood houses numerous top- HIGH QUALITY SCHOOLS: Students ranked restaurants, boutique shops, dive in the area may opt to attend some of NEARTOWN - W AL ABAMA ST bars, wine lounges, music bars, cafes the best schools in Greater Houston. MONTROSE and pubs. Other retail and entertainment Neighborhood schools include several
EST. POP: ENROLLMENT: 6,395 MONTROS MONTROS ENROLLMENT: 57,120 hotspots (Rice Military, Galleria, and International Baccalaureate World 36,015 downtown) are all minutes away. Schools, including Poe Elementary, Lanier Middle School, and Lamar High GREAT CULTURE: Home to art School. High School for the Performing RICHMON D
museums and festivals, Montrose is one and Visual Arts (HSPVA), a highly sought- E E GREATER 3RD WARD of Houston’s cultural centers. The Menil after Fine Arts magnet school, is located EST. POP: Collection and the Rothko Chapel (both in Montrose. MUSEUM from John and Dominique de Menil) UNIVERSITY DISTRICT 16,582 feature many pieces from world-renowned STRONG APPRECIATION: Land values PLACE EST. POP: artists like Jackson Pollock, Andy Warhol, in Montrose have steadily appreciated EST. POP: 6,449 Pablo Picasso, and Henri Matisse. over the past decade, making the 20,610 neighborhood one of the best places to CENTRAL LOCATION: Montrose is invest in Houston real estate.”1 A centralized collection of 19 museums, Houston’s centrally located within The Loop and BIS SONNET ST Museum District is the largest concentration of cultural institutions in the United States and serves as a is minutes away from key districts like Monthly rent in Neartown - Montrose is destination for a variety of activities, performances downtown, [The Texas] Medical Center, $1,869 on average, making it one of the exhibitions and art collections. and [the] Galleria. priciest areas for renters in Houston and the state of Texas.
HOUSTON MUSEUM OF NATURAL SCIENCE ENROLLMENT: 3,992 SOURCE: SITE [1] WWW.HOUSTONPROPERTIES.COM/HOUSTON-NEIGHBORHOODS/MONTROSE HERMANN PARK
DEMOGRAPHICS .25 MI RADIUS .5 MI RADIUS 1 MI RADIUS 3 MI RADIUS WALK SCORE®
Population (12-2019) 2,312 8,202 35,501 206,860 “Fairview St and Commonwealth St has a Walk Score of 84 Estimated Households (2019) 1,224 4,334 19,872 99,279 VERY WALKABLE out of 100. This location is Very Walkable so most errands 84 Estimated Average Household Income (2019) $141,779 $146,561 $136,801 $144,815 can be accomplished on foot. Projected Average Household Income (2024) $157,839 $163,549 $152,912 $161,594 Educational Attainment (2019): SOME TRANSIT This location is in the Neartown - Montrose neighborhood 47 College Degree + (Bachelor Degree or Higher) 68.7% 68.7% 71.0% 64.1% in Houston. Nearby parks include Cherryhurst Park, Menil Daytime Demographics (2019): Total Employees 713 5,115 26,178 488,705 Park and Live Oak Park.” 2 Total Annual Consumer Expenditure - Retail $52.11 M $187.54 M $814.99 M $4.27 B 86 VERY BIKEABLE Total Monthly Consumer Expenditure - Retail $3,548 $3,606 $3,418 $3,586 [2] WWW.WALKSCORE.COM/SCORE/FAIRVIEW-ST-AND-COMMONWEALTH-ST P:\0-Plat Submittals\2017 Submittals\05-30-2017\VHA17015-Hyde Park Partial Replat No 6\VHA17015_PLAT.dwg ” ” ” PLAT COMMONWEALTH ST ±19,793 SF + FAIRVIEW ST
• ±0.454 AC
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HYDE PARK PARTIAL REPLAT NO 6 11 2 2015 Information About Brokerage Services SITE DIMENSIONS Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: . A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker’s own interests; A DR Inform the client of any material information about the property or transaction received by the broker; Answer the client’s questions and present any offer to or counter offer from the client; and Treat all parties to a real estate transaction honestly and fairly.
PD A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyerof any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent. COMMONWEALTH ST AS AGENT FOR BOTH INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written + FAIRVIEW ST agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary: ±19,793 SF • ±0.454 AC Must treat all parties to the transaction impartially and fairly; May, with the parties' written consent, appoint a different license holder associated with the broker to each party (ownerd an 5' PD buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. 1. 9 3 5 Must not, unless specifically authorized in writing to do so by the party, disclose: 1 ' ᴑ that the owner will accept a price less than the written asking price; ' ᴑ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and 73 9 5 ᴑ any confidential information or any other information that a party specifically instructs the broker in writing notto ' .5' 31 disclose, unless required to do so by law. 1 1 0 0 ' AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the ' 73 PD buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. ILSON ELE ENTAR TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: S OOL The broker’s duties and responsibilities to you, and your obligations under the representation agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. AIR IE ST LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
PD Douglas Elliman Real Estate 9008706 [email protected] (281)652-5588 Licensed Broker /Broker Firm Name or License No. Email Phone Primary Assumed Business Name O ON EALT ST Belinda Fernandez 499580 [email protected] (832)320-2017 Designated Broker of Firm License No. Email Phone Belinda Fernandez 499580 [email protected] (832)320-2017 Licensed Supervisor of Sales Agent/ License No. Email Phone Associate
Sales Agent/Associate’s Name License No. Email Phone
Buyer/Tenant/Seller/Landlord Initials Date
Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov IABS 1 0 RUSSELL JANICEK
SENIOR VICE-PRESIDENT | COMMERCIAL DIVISION DOUGLAS ELLIMAN REAL ESTATE-TEXAS
DIRECT: 832.320.2013
elliman.com
DOUGLAS ELLIMAN REAL ESTATE, 2001 KIRBY DR. STE. 600, HOUSTON, TX 77019. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT IT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOU OR YOUR ATTORNEY OR ARCHITECT. EQUAL HOUSING OPPORTUNITY.