±.45 Acres at 4815 Milam St

Home , Hermann Park, Texas Medical Center

±.45 ACRES AT 4815 MILAM ST

BROKER CONTACT: David Marshall, Principal | [email protected] | 713.955.3126

SOUTH MAIN DOWNTOWN INNOVATION DISTRICT 16+ ACRES MIDTOWN ANTICIPATED PHASE 1 OPENING 2023

NANCY & RICH KINDER BUILDING SITE OPENING FALL 2020 HERMANN PARK 6M+ VISITORS MONTROSE ANNUALLY Home Values up to $3.8M

GRADUATE APARTMENTS

7,100+ STUDENTS

MUSEUM DISTRICT/WEST U Home Values up to $18M

dmre.com 1 PROPERTY DETAILS

4815 Milam St ADDRESS Houston, TX 77006

LAT., LONG. 29.731012, -95.387206

SIZE ±.45 Acres

UTILITIES Available - City of Houston

HISD: Macgregor Elementary SCHOOLS Cullen MS Lamar HS ±.45 0331950000009 PARCEL ID 0331950000007 ACRES 0331950000015

PRICE TBD by Market

MAIN ST RESTRICTIONS None MILAM ST

LTS 9 & 10 BLK 5 SOUTH END VILLA LEGAL TRS 7 & 8 BLK 5 SOUTH END VILLA TRS 7A & 8A BLK 5 SOUTH END VILLA

DETENTION On-site

dmre.com 2 2019 DEMOGRAPHICS

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

2019 POPULATION ESTIMATE 24,830 196,852 452,181

5-YR EST. POPULATION GROWTH 4.9% 4.4% 4.7%

AVERAGE HOUSEHOLD INCOME $110,894 $128,206 $122,112

MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS $414,661 $391,881 $360,173

2019 TAX RATES

001 HOUSTON ISD 1.136700

040 HARRIS COUNTY 0.407130

041 HARRIS CO FLOOD CNTRL 0.027920

042 PORT OF HOUSTON AUTHY 0.010740

043 HARRIS CO HOSP DIST 0.165910

044 HARRIS CO EDUC DEPT 0.005000

048 HOU COMMUNITY COLLEGE 0.100263

061 CITY OF HOUSTON 0.567920

939 HC ID 11

TOTAL 2.421583

dmre.com 3 AREA HIGHLIGHTS

RICE VILLAGE

TEXAS MEDICAL CENTER LARGEST MEDICAL COMPLEX IN THE WORLD GREENWAY/ HERMANN PARK UPPER KIRBY 6M+ VISITORS ANNUALLY MUSEUM DISTRICT/WEST U Home Values up to $18M

SITE MONTROSE Home Values up to $3.8M MID MAIN LOFTS

SOUTH MAIN INNOVATION DISTRICT 16+ ACRES ANTICIPATED PHASE 1 CALAIS OPENING 2023 RED LINE PEARL WESTHEIMER RD MIDTOWN

ELGIN ST

BRAZOS ST MIDTOWN PARK CAMDEN

MAIN ST CAMDEN

dmre.com 4 AREA HIGHLIGHTS

RICHMOND AVE

SOUTH MAIN INNOVATION DISTRICT 16+ ACRES MUSE MONTROSE ANTICIPATED PHASE 1 Home Values up to $3.8M OPENING 2023

RED LINE

BROADSTONE .45 MUSEUM DISTRICT ACRES

THE CARTER APARTMENTS SAN JACINTO ST CHELSEA BLVD ROSEDALE ST MAIN ST

BANKS ST MILAM ST MUSEUM TOWER

APARTMENTS GRAUSTARK BLVD GRAUSTARK GRAUSTARK BLVD GRAUSTARK ROSEDALE ST

FANNIN ST MONTROSE BLVD MONTROSE MUSEUM DISTRICT/WEST U BLVD MONTROSE Home Values up to $18M

NANCY & RICH KINDER BUILDING OPENING FALL 2020

VENUE MUSEUM DISTRICT

dmre.com 5 PROPERTY SURVEY

±.45 ACRES

dmre.com 6 PRIME LOCATION

CONVENIENT ACCESS

DEVELOPMENT SITE IN THE AREA HIGHLIGHTS MUSEUM DISTRICT • The Museum District attracts ±8.7M visitors a year and is home to the nation's 6th largest art museum. • Property is centrally located, with great access to Rice University, Downtown, Montrose, and the Texas Medical Center. • Site has a walkscore of 76 and a bike score of HOUSTON PROXIMITY 83 making it extremely walkable and bikeable.

ADJACENT TO I69 • Walking distance to the Main Street METRORail and close proximity to the future University line. • SH 288 is less than a mile east of the site.

CLOSE TO HOUSTON'S BEST

Rendering view of the Central Plaza from Fannin St. ENTERTAINMENT & RETAIL • Hermann Park, the Houston Zoo, Houston Museum District, Texas Medical Center, and Rice Village are within 1 mile of the Property. • Close proximity to the 16+ acre South Main Innovation District. The district will introduce a new kind of urban district to Houston, prioritizing street life, public space, and a mix of uses that embrace technology, community, and sustainability.

Rendering of Fulshear Marketplace EaDoMFAH - Truck Mixed Yard Media - BBVA Roof Garden Hermann Park

dmre.com 7 LISTINGS TEAM

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 TEXAS 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 Houston: Dallas/Fort Worth: Austin/San Antonio:

713.955.3120 214.206.4154 254.913.1931 777 Post Oak Blvd, Suite 255 2833 Crockett St, Suite 136 600 Congress Ave, 14th Floor www.dmre.com Houston, TX 77056 Fort Worth, TX 76107 Austin, TX 78701

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