±25 ACRES AT NWC FM 528 & NARNIA WAY BROKER CONTACT: David Marshall, Principal | [email protected] | 713.955.3126 NARNIA WAY ±25 ACRES dmre.com 1 PROPERTY DETAILS NWC FM 528 & Narnia Way ADDRESS Houston, TX 77003 LAT., LONG. 29.497284, -95.207363 SIZE ±25 Acres UTILITIES Avaiable (Water & Electricity) Friendswood ISD: SCHOOLS Friendswood Jr HS Friendswood HS PARCEL ID 0128-0004-0000-000 OWNER Hal Boone PRICE TBD by Market RESTRICTIONS None ZONING Community Shopping Center (C-1/CSC) ABST 128 A JACKSON SUR TR 4, ACRES LEGAL 37.708 DETENTION Onsite FLOODPLAIN No dmre.com 2 2019 DEMOGRAPHICS 0-1 mi 0-3 mile 0-5 miles 2019 POPULATION ESTIMATE 6,341 40,472 118,057 5-YR EST. POPULATION GROWTH 8.5% 7.6% 7.8% AVERAGE HOUSEHOLD INCOME $175,762 $127,023 $115,366 MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS $309,009 $259,517 $225,442 2019 TAX RATES MAKING AN OFFER C37 FRIENDSWOOD CITY 0.521439 Offers should be presented in the form of a non-binding Letter of Intent, and should include: CAD APPRAISAL DISTRICT 0.000000 • Pricing • Description of Debt/Equity Structure D08 GALV CNTY CONSOLIDATED DRAINAGE 0.112200 • Due Diligence and Closing Timeframe • Qualifications to Close GGA GALVESTON COUNTY 0.504396 • Earnest Money Deposit • Development Plans RFL CO ROAD & FLOOD 0.011741 Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the marketing and sale of this property. S12 FRIENDSWOOD ISD 1.259400 All inquiries about the Property should be directed to DMRE. CLICK HERE FOR LISTING TOTAL 2.680443 dmre.com 3 dmre.com 3 PROPERTY SURVEY 1263.55' 992.7' ±25 ACRES 307.2' 895.98' 297.4' 798.6' dmre.com 4 PRIME LOCATION DEVELOPMENT SITE IN FRIENDSWOOD • Located in Friendswood, TX which is conveniently located between downtown Houston, Galveston, and near three major airports. • Zoned to FISD which has been named fifth most efficient Texas School District by the Texas Business Coalition. • Friendswood HS was named 1 of 13 Top High Schools in the State as well as 1 of 10 Top High Schools in the Houston area. FRONTAGE ON FM 528 • Texas State Highway 35 is located 2 miles west of the site which has direct access to Pearland. • I-45 is about 5 miles from the site. CLOSE TO FRIENDSWOOD’S BEST ENTERTAINMENT & RETAIL • Friendswood has about 266 acres of green space and nature trails which host numerous annual events that attract 10,000 attendees. • Located less than 5 miles away from the newly renovated Baybrook Mall which features an additional 555 K SF of new premier retail, Site in relation to Downtown Houston restaurant, and entertainment establishments. Lake Friendswood Park Friendswood HS - Mustangs Football game Centennial Park dmre.com 5 dmre.com 5 LISTINGS TEAM CONTACT US David Marshall Clark Dalton Principal Senior Vice President [email protected] [email protected] 713.955.3126 713.955.3122 Tim Dosch Tom Dosch JP Hayes Principal Principal Senior Vice President [email protected] [email protected] [email protected] MARKETING & OPERATIONS TEAM Joann Lim Jessica Lukert Marketing Coordinator Administrative Coordinator dmre.com 6 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: Austin/San Antonio: Dallas/Fort Worth: 713.955.3120 254.913.1931 775.815.7387 777 Post Oak Blvd, Suite 255 600 Congress Ave, 14th Floor 2833 Crockett St, Suite 136 www.dmre.com Houston, TX 77056 Austin, TX 78701 Fort Worth, TX 76107 dmre.com 8.