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2,660ACRES
Future Grand Parkway
Commons of Lake Houston
CR 621Mills Branch Dr.
CR 622
CR 6242
Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
CR 622 & CR 6242 | Liberty County, TX
Dave Ramsey | 281.477.4300
2,660 Acres-Future Grand Parkway
Excellent Investment
10.15
Dayton
AtascocitaHumble
Crosby
Porter
New Caney
Kingwood
Mont Belvieu
Liberty
Houston
Sheldon
2,660ACRES
Future GrandParkway
Baytown
CR 622 & CR 6242 | Liberty County, Texas
2,660 Acres-Future Grand Parkway
The Grand Parkway has been a strong driving force of growth
throughout the Houston MSA and, in many cases, has contributed
to the success of numerous development projects. Notable
successes include ExxonMobil Campus-The Woodlands, Long
Meadow Farms, LaCenterra, Bridgeland, and Springwoods.
Contract for Future Grand Parkway is anticipated to be awarded
in December of this year and is scheduled for completion late
2019 or early 2020
• Excellent access - the future Grand Parkway with the
interchange of Kingwood Drive, creating four
commercial corners.
• Once Grand Parkway is completed - relatively short travel
distance to major employment centers - 17 Miles to IAH, 12
miles to US-59/I-69, 20 miles to George Bush Intercontinental
Airport, 24 miles to Exxon Mobil’s campus, 25 miles to The
Woodlands, and 30 miles to downtown Houston.
• At 2,660 acres, makes for a unique opportunity to create a
true, full-scale master-planned community (MPC).
• One of the largest undeveloped land parcels on the Grand
Parkway and one of the last remaining large-scale parcels
near Houston.
• 1402 Acre-feet of water rights out of Cedar Bayou with a
1947 Priority Date
• Potential income from farm operation
Grand Parkway Development Timeline:
– Bid Awarded December 2015
– Contract Signed May/June 2016
– Construction - Mid 2016
– Open to Traffic - Late 2019 / Early 2020
Approximate Size: ±2,660 Acres
Price: $5,500 Per Acre
Frontage: Approx. 3.10 miles on County Road 622
Approx. 1 mile on County Road 6242
School District: Dayton ISD
10.15
Dave Ramsey281.477.4383 [email protected]
2,660 ACRES
30 M
iles
Conroe
Cleveland
The Woodlands
Dayton Liberty
Baytown
Cypress
Plantersville
Katy
Crosby
Humble
Kingwood
Barbers Hill
CR 622 & CR 6242 | Liberty County, Texas
2,660 Acres-Future Grand Parkway
SITE AERIAL
10.15
10.00 Mi 15.00 Mi 20.00 Mi DEMOGRAPHIC ADJUSTMENTSummary DataCensus 2010 Households 22,862 83,570 139,187Route Active Residential Count 28,041 101,516 172,433Census 2010 Average Persons per Household 2.89 2.84 2.92Census 2010 Population 69,996 242,082 414,720Recalculated Route Lower range 80,942 288,024 503,533Active Population Upper range 80,953 288,167 503,758Census Households vs Route Residential Count 22.65% 21.47% 23.89%
RESIDENTIAL DEMOGRAPHICSOrigination Data Total Active Residential Count 28,041 101,516 172,433Active Residential Count 28,038 101,510 172,422Active Residential Delivery 26,004 95,272 161,592Active Residential Box 2,034 6,238 10,829Additional Active General Delivery Count 2 6 12Total Possible Residential Count 29,619 106,028 180,269Additional Possible General Delivery Count 2 6 12Census 2010 Households 22,862 83,570 139,187Population in Households 65,992 237,109 406,4491 Person Household 16.64% 18.68% 18.64%2 Person Household 33.11% 32.43% 30.58%3 Person Household 18.46% 18.07% 18.04%4 Person Household 17.42% 17.05% 17.02%5 Person Household 9.22% 8.54% 9.23%6 or More Person Household 5.14% 5.23% 6.50%Population in Group Quarters 4,004 4,973 8,271Correctional Facilities - Adult 98.67% 87.95% 87.52%Correctional Facilities - Juvenile - 0.14% 0.08%Nursing Facilities 1.10% 9.54% 10.20%College/University Student Housing - - - Military Quarters - - - Other Facilities 0.23% 2.37% 2.19% Total Housing Units 24,938 90,124 151,216Occupied housing units 91.67% 92.73% 92.05%Owner-Occupied Housing Units 81.61% 78.12% 75.50%Renter-Occupied Housing Units 18.39% 21.88% 24.50%
BUSINESS DEMOGRAPHICSDrop Site Business or Family Served Count 253 1,466 2,779Active Business Deliveries 1,127 6,294 11,302Possible Business Deliveries 1,185 6,516 11,983Active vs Possible Business Deliveries 5.13% 3.53% 6.02%
Delivery Statistics as of 6/15
10.00 Mi 15.00 Mi 20.00 Mi
POPULATION2015 Estimated Population 69,747 263,454 444,9532020 Projected Population 75,921 290,780 490,8162010 Census Population 66,917 245,639 409,6912000 Census Population 55,561 182,151 290,442Projected Annual Growth 2015 to 2020 1.8% 2.1% 2.1%Historical Annual Growth 2000 to 2015 1.7% 3.0% 3.5%
AGE 2015 Median Age 37.4 35.7 34.2
HOUSEHOLDS2015 Estimated Households 23,209 92,966 153,0302020 Projected Households 25,004 100,941 166,0842010 Census Households 21,686 84,664 137,6992000 Census Households 17,299 61,450 97,214Projected Annual Growth 2015 to 2020 1.5% 1.7% 1.7%Historical Annual Growth 2000 to 2015 2.3% 3.4% 3.8%
RACE AND ETHNICITY2015 Estimated White 82.1% 79.0% 70.9%2015 Estimated Black or African American 6.4% 8.5% 14.0%2015 Estimated Asian or Pacific Islander 2.2% 2.6% 2.6%2015 Estimated American Indian or Native Alaskan 0.6% 0.5% 0.6%2015 Estimated Other Races 8.7% 9.4% 12.0%2015 Estimated Hispanic 17.5% 20.3% 25.8%
INCOME2015 Estimated Average Household Income $103,463 $92,069 $84,1602015 Estimated Median Household Income $82,762 $75,857 $69,5192015 Estimated Per Capita Income $35,126 $32,702 $29,175
EDUCATION (AGE 25+)2015 Estimated Elementary (Grade Level 0 to 8) 7.1% 7.3% 9.5%2015 Estimated Some High School (Grade Level 9 to 11) 15.8% 12.4% 14.2%2015 Estimated High School Graduate 22.3% 21.9% 23.0%2015 Estimated Some College 18.4% 20.8% 20.6%2015 Estimated Associates Degree Only 5.8% 6.2% 5.6%2015 Estimated Bachelors Degree Only 15.3% 16.1% 13.8%2015 Estimated Graduate Degree 15.3% 15.2% 13.3%
BUSINESS2015 Estimated Total Businesses 1,253 6,951 11,9882015 Estimated Total Employees 10,096 61,253 119,6122015 Estimated Employee Population per Business 8.1 8.8 10.02015 Estimated Residential Population per Business 55.7 37.9 37.1
2000 - 2010 Census, 2015 Estimates with 2020 Projections
CR 622 & CR 6242 | Liberty County, Texas
2,660 Acres-Future Grand Parkway
SUMMARYPOSTAL
Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
newquest.com
The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. Rev. 11/24/15 TN
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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 that the duties of a broker depend on whom the broker represents. If
you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement.
A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:
(1) shall treat all parties honestly;
(2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner;
(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and
(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless
authorized in writing to disclose the information or
required to do so by The Texas Real Estate License
Act or a court order or if the information materially
relates to the condition of the property.
With the parties’ consent, a broker acting as an
intermediary between the parties may appoint a
person who is licensed under The Texas Real Estate
License Act and associated with the broker to
communicate with and carry out instructions of one
party and another person who is licensed under that
Act and associated with the broker to communicate
with and carry out instructions of the other party.
If you choose to have a broker represent you, you
should enter into a written agreement with the broker
that clearly establishes the broker’s obligations and
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and by whom the broker will be paid. You have the
right to choose the type of representation, if any,
you wish to receive. Your payment of a fee to a
broker does not necessarily establish that the broker
represents you. If you have any questions regarding
the duties and responsibilities of the broker, you
should resolve those questions before proceeding.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant Date
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 , 512-936-3000 (http://www.trec.texas.gov)
TREC No. OP-K / 10-10-11