tes dr · 2020. 3. 17. · dmre.com 1 p a l-m e t t a l n skye ranch 1,000-acre master planned...

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P A L - M E T T A L N P A L - M E T T A L N P A L - M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots CORROLLA RD GRAND LAKE ESTATES DR STAPLETON RD SUPERIOR RD TIMBERCREEK STABLES TIMBERCREEK STABLES GRAND LAKES ESTATES GOLF COURSE GRAND LAKES ESTATES GOLF COURSE CROWN OAKS Home Values up to $765K LAKE CONROE LAKE CONROE ±150 ACRES ±150 ACRES ON CORROLLA RD, MAGNOLIA, TX 77354 BROKER CONTACT: David Marshall, Principal | [email protected] | 713.955.3126

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Page 1: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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PAL-

MET

TA L

NPA

L-M

ETTA

LN

PAL-

MET

TA L

N

SKYE RANCH1,000-acre master planned community

Approximately 2,500 residential lots

CORROLLA RD

GRAND LAKE ESTATES DR

STAPLETON RD

SUPERIOR RD TIMBERCREEK STABLESTIMBERCREEK STABLES

GRAND LAKES ESTATES GOLF COURSEGRAND LAKES ESTATES GOLF COURSECROWN OAKS

Home Values up to $765K

LAKE CONROELAKE CONROE

±150 ACRES

±150 ACRES ON CORROLLA RD, MAGNOLIA, TX 77354BROKER CONTACT: David Marshall, Principal | [email protected] | 713.955.3126

Page 2: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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ADDRESS Corrolla Road, East of Superior Rd, Magnolia, TX 77354

LAT., LONG . 30.260844, -95.622612

SIZE ±150 Acres

PARCEL ID 0397-01-00100

LEGAL A0397 - NICHOLS THOS J, TRACT 1, ACRES 150, 11.110000% UDI

FRONTAGE Approx. 2,550 ft on Corrolla

PRICE TBD by Market

SCHOOLS Magnolia ISD

OWNER DWL HOLDINGS LLC

CLICK HERE FOR MONTGOMERY COUNTYTHOROUGHFARE PLAN

P R O P E RT Y D E TA I L S

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

2019POPULATION

ESTIMATE127 8,137 39,344

5-YR EST.POPULATION

GROWTH14.2% 14.5% 14.6%

AVERAGEHOUSEHOLD

INCOME$107,305 $114,339 $126,650

MEDIAN VALUE OF OWNER OCCUPIED

HOUSING UNITS$373,639 $339,207 $330,303

2 0 1 9 D E M O G R A P H I C S

Offers should be presented in the form of a non-binding Letter of Intent, and should include:

• Pricing

• Due Diligence and Closing Timeframe

• Earnest Money Deposit

Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the marketing and sale of this property.

All inquiries about the Property should be directed to DMRE.

CLICK HERE FOR LISTING

M A K I N G A N O F F E RF03 Emergency Ser Dist #3 0.1

GMO Montgomery Cnty 0.4667

HM1 Mont Co Hospital 0.0599

JNH Lone Star College 0.1078

SMA Magnolia ISD 1.3795

TOTAL 2.1139

2 0 1 9 TA X R AT E S

• Description of Debt/Equity Structure

• Qualifications to Close

• Development Plans

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Page 4: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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±150 ACRES

SKYE RANCH1,000-acre master planned community

Approximately 2,500 residential lots

TIMBERCREEK STABLESTIMBERCREEK STABLESTIMBERCREEK STABLES

GRAND LAKES ESTATES GOLF COURSEGRAND LAKES ESTATES GOLF COURSE

STAPLETON RD SUPERIOR RD

PAL-METTA LN

CORROLLA RD

CROWN OAKSHome Values up to $765K

GRAND LAKE ESTATESHome Values up to $630K

LAKE CONROE

A R E A H I G H L I G HT S

Page 5: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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A R E A H I G H L I G HT S

Page 6: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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PRIME DEVELOPMENT SITEIN MAGNOLIA• Close proximity to the 1,100 acre master-

planned community Skye Ranch; which will yield approximately 2,500 residential lots surrounding an existing 18-hole golf course.

• Located less than 5 miles away from the future Magnolia Marketplace Mixed Used Development as well as the 100,000 SF HEB scheduled to open Summer of 2020.

• Superior Rd bridge construction is expected to be completed during fourth quarter 2019.

CLOSE TO CONROE & THE WOODLANDS' BEST ENTERTAINMENT & RETAIL• The Woodlands is located 13 miles southeast of the

site which offers premier retail and entertainment with The Woodlands Mall, Market Street, The Woodlands Waterway, and the concert amphitheater The Cynthia Woods Mitchell Pavilion.

• Conroe is located 12 miles away and is home to Lake Conroe; one of the most popular boating, jet and water skiing, and sailing lakes in Texas.

CONVENIENT ACCESS TO1488 VIA SUPERIOR RD• Extension of SH 249 (Aggie Expressway) is located

less than 8 miles east of the site and is expected to be completed by December 2019.

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GRAND LAKE ESTATESHome Values Up to $630K

TIMBERCREEK STABLESTIMBERCREEK STABLESTIMBERCREEK STABLES

WOODFOREST GOLF CLUBWOODFOREST GOLF CLUB

CORROLLA RD

GRAND LAKE ESTATES DR

FISH CREEK THOROUGHFARE

SUPERIOR RD

PAL-METTA LN

SKYE RANCH1,000-acre master planned community

Approximately 2,500 residential lots

STAPLETON RD

LAKE CONROECONROE

±150 ACRES

The Woodlands Waterway Lake Conroe The Woodlands - Concert Series

P R I M E LO C AT I O N

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A R E A H I G H L I G HT S

93,847population

$717,805average home price

63,000jobs

2,000businesses

10.9 million square feetof Class A office space

Top Employers

Alight Solutions 1850

Anadarko 3309

CB&I 600

Chevron Phillips 781

CHI St Luke’s Health 1650

ClubCorp 656

ExxonMobil 1800

Huntsman Corporation 1018

McKesson Specialty Health 833

Memorial Hermann 2454

Houston Methodist Hospital 925

Woodforest National Bank 901

Texas Children’s Hospital 834

Lone Star College 1098

Hughes LandingThe Woodlands Town CenterOne of the most active commercial building markets throughout Houston

1,000-acre “downtown” of The Woodlands contains over 6.9 million square feet of office space

Home of Anadarko’s two iconic towers:

807,586-square-foot Allison Tower

550,000-square-foot Hackett Tower

Class A Office: One Hughes Landing, Two Hughes Landing, Three Hughes Landing, 1725 Hughes Landing Blvd., 1735 Hughes Landing Blvd

Hospitality: Embassy Suites by Hilton with 205-suites, 24-hour fitness center and rooftopinfinity pool

Multifamily: One Lakes Edge luxury residences with 390 units

Other major employers include:

World Class HealthcareTourism & Events$289 million in total visitor spending

3,770 employed by the travel & tourism industry

Ironman North American ChampionshipHeld in The Woodlands since 2010

3,000 participants

The Woodlands Waterway Arts FestivalTop 10 nationally for fine arts festivals

Has reached 18,000 attendees in some years

938 artists applied for the coveted 225 spots for the 2018 festival

The Woodlands Marathon A Boston Marathon qualifier

Retail & Entertainment

The Woodlands Mall1.3 million square feet of shopping and dining with more than 160 stores

Hughes Landing66-acre mixed-use development on Lake Woodlands

Woodlands Market Street70+ high end retail shops, 17 dining establishments, and a Cinemark movie theater

Cynthia Woods Mitchell PavilionNamed the No.2 outdoor amphitheater in the world 10,000

SEATS6,500WITH CAPACITY FOR AN ADDITIONAL

CYNTHIA WOODS MITCHELL PAVILION

ON THE LAWN

CHI St Luke’s Health Hospital

62-acre campus

242-private-bed, nonprofit hospital

Offers a full range of family healthcare, from pediatrics to geriatrics, from emergency services to birthing center, and from diagnostics to surgery

Houston Methodist Hospital

Full-service, acute hospital featuring women’s services, breast cancer center, childbirth center, and neurology and neurosurgery

925 employees

Memorial Hermann Hospital

294-private bed, full-service, acutecare facility

Features a diabetes self-management program, a certified primary stroke center, sports medicine and rehabilitation

Physical therapy, occupationaltherapy, speech therapy andregistered dietitians

Emergency center accredited as aLevel III trauma center by the State

Employs over 780 medical staff physicians, 1,300 employees, and250 volunteers

Texas Children’s Hospital

548,000 square feet on 22 acres

24 emergency center rooms

74 outpatient rooms

Five radiology rooms

Four operating rooms

Initially 30 acute care beds, which could expand to up to 200 beds

Page 8: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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T H E W O O D L A N D S C O NT.

93,847population

$717,805average home price

63,000jobs

2,000businesses

10.9 million square feetof Class A office space

Top Employers

Alight Solutions 1850

Anadarko 3309

CB&I 600

Chevron Phillips 781

CHI St Luke’s Health 1650

ClubCorp 656

ExxonMobil 1800

Huntsman Corporation 1018

McKesson Specialty Health 833

Memorial Hermann 2454

Houston Methodist Hospital 925

Woodforest National Bank 901

Texas Children’s Hospital 834

Lone Star College 1098

Hughes LandingThe Woodlands Town CenterOne of the most active commercial building markets throughout Houston

1,000-acre “downtown” of The Woodlands contains over 6.9 million square feet of office space

Home of Anadarko’s two iconic towers:

807,586-square-foot Allison Tower

550,000-square-foot Hackett Tower

Class A Office: One Hughes Landing, Two Hughes Landing, Three Hughes Landing, 1725 Hughes Landing Blvd., 1735 Hughes Landing Blvd

Hospitality: Embassy Suites by Hilton with 205-suites, 24-hour fitness center and rooftopinfinity pool

Multifamily: One Lakes Edge luxury residences with 390 units

Other major employers include:

World Class HealthcareTourism & Events$289 million in total visitor spending

3,770 employed by the travel & tourism industry

Ironman North American ChampionshipHeld in The Woodlands since 2010

3,000 participants

The Woodlands Waterway Arts FestivalTop 10 nationally for fine arts festivals

Has reached 18,000 attendees in some years

938 artists applied for the coveted 225 spots for the 2018 festival

The Woodlands Marathon A Boston Marathon qualifier

Retail & Entertainment

The Woodlands Mall1.3 million square feet of shopping and dining with more than 160 stores

Hughes Landing66-acre mixed-use development on Lake Woodlands

Woodlands Market Street70+ high end retail shops, 17 dining establishments, and a Cinemark movie theater

Cynthia Woods Mitchell PavilionNamed the No.2 outdoor amphitheater in the world 10,000

SEATS6,500WITH CAPACITY FOR AN ADDITIONAL

CYNTHIA WOODS MITCHELL PAVILION

ON THE LAWN

CHI St Luke’s Health Hospital

62-acre campus

242-private-bed, nonprofit hospital

Offers a full range of family healthcare, from pediatrics to geriatrics, from emergency services to birthing center, and from diagnostics to surgery

Houston Methodist Hospital

Full-service, acute hospital featuring women’s services, breast cancer center, childbirth center, and neurology and neurosurgery

925 employees

Memorial Hermann Hospital

294-private bed, full-service, acutecare facility

Features a diabetes self-management program, a certified primary stroke center, sports medicine and rehabilitation

Physical therapy, occupationaltherapy, speech therapy andregistered dietitians

Emergency center accredited as aLevel III trauma center by the State

Employs over 780 medical staff physicians, 1,300 employees, and250 volunteers

Texas Children’s Hospital

548,000 square feet on 22 acres

24 emergency center rooms

74 outpatient rooms

Five radiology rooms

Four operating rooms

Initially 30 acute care beds, which could expand to up to 200 beds

Page 9: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

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Tim [email protected]

Tom [email protected]

David [email protected]

Dakota [email protected]

JP HayesVice [email protected]

Jessica MercadoAdministrative [email protected]

Joann LimMarketing [email protected]

Courtney RayMarketing [email protected]

O U R T E A M

Page 10: TES DR · 2020. 3. 17. · dmre.com 1 P A L-M E T T A L N SKYE RANCH 1,000-acre master planned community Approximately 2,500 residential lots A RD TES DR ON RD SUPERIOR RD TIMBERCREEK

INFORMATION ABOUT BROKERAGE SERVICESAPPROVED 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 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 than 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 your obligations. The agreement should state how 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.

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.

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Contact Us713.955.3120777 Post Oak Blvd, Suite 255 Houston, TX 77056www.dmre.com