HATHAWAY Land in The Woodlands – Near I-45 ......The Woodlands, TX 77381 Land in The Woodlands –...

SALE PRICE: $525,000

Price/Acre/SF: $794,063 / $18.23

LOT SIZE: 0.66 Acres

CROSS STRETS: Oak Ridge & I-45

APN#: 7640-01-13400

Weobtainedtheinformationabovefromsourceswebelievetobereliable. However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit.Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing,orwithdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or futureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

Land in The Woodlands – Near I-45 LAND FOR SALE

26311 Oak Ridge, The Woodlands, TX 77380

Prime property located very close to I-45 and The Woodlands. This property is priced to sell! The area has rapidly developed from residential to Commercial due to its proximity to a major interstate between Houston & Dallas.

PROPERTY OVERVIEW

PRICED TO SELL AT $18.23/SF

Close to Major Interstate

Development Opportunity

PROPERTY FEATURES

BACKON

MARKET!


BERKSHIREHATHAWAY


COMMERCIAL DIVISION



Dawn Rogers Office Manager

Pouya Tiraie Rick Stallings, MBA



BERKSHIREHATHAWAY


COMMERCIAL DIVISION





BERKSHIREHATHAWAY


COMMERCIAL DIVISION




Property à


BERKSHIREHATHAWAY


COMMERCIAL DIVISION




Land in The Woodlands - Near I-45

Demographic Report

PopulationDistance Male Female Total

1- Mile 4,567 4,836 9,403

3- Mile 27,489 28,017 55,506

5- Mile 61,449 63,838 125,287

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

PouyaTiraie

RickStallingsTeam

RickStallings,MBA

DawnRogers,OfficeManager




BERKSHIREHATHAWAY


COMMERCIAL DIVISION


1Mile3Miles5Miles

Employment by DistanceDistance Employed Unemployed Unemployment Rate

1-Mile 4,809 176 1.87 %

3-Mile 29,172 717 1.81 %

5-Mile 64,337 1,478 1.87 %


Richard Stallings

[email protected]


Richard Stallings

Ethnicitywithin5miles

Black

Hispanic

Asian

White

White NativeAmerican Asian

Black PacificIslanders Hispanic

HomeOwnership1Mile

HomeOwnership3Mile

HomeOwnership5Mile

Renters

Owners

Renters

Owners

Renters

Owners



PopulationbyDistanceandAge(2018)

10,000

6,0004,0002,000

0

3-Mile 5-Mile1-Mile

8,000

12,000


BERKSHIREHATHAWAY


COMMERCIAL DIVISION


Radius Median Household Income

1-Mile $79,969.86

3-Mile $78,603.70

5-Mile $84,816.68

Radius Average Household Income

1-Mile $89,308.43

3-Mile $90,689.43

5-Mile $95,604.86

Radius Aggregate Household Income

1-Mile $326,361,415.44

3-Mile $1,934,698,243.09

5-Mile $4,341,471,775.06

1-MilePop > 25 6,344High School Grad 1,121Some College 1,972Associates 319Bachelors 1,749Masters 416Prof. Degree 111Doctorate 14

3-mile36,4467,016

10,3682,6328,6592,299

749298

5-mile80,01016,85522,0535,964

17,6085,1221,593

607

Education

Agriculture Mining Construction Manufacturing Wholesale Retail Transportaion Information Professional Utility Hospitality Pub-Admin Other

1-Mile 29 203 184 314 268 717 341 55 466 1,081 595 63 327

3-Mile 45 1,053 1,720 2,387 1,629 4,400 2,113 390 3,063 6,466 2,495 569 1,831

5-Mile 111 2,654 3,479 5,762 3,398 9,029 4,767 899 7,630 13,771 5,138 1,488 3,696

Labor & Income

1-MileVacant Ready For Rent 35 %Teen's 49 %Expensive Homes 38 %Mobile Homes 5 %New Homes 65 %New Households 65 %Military Households 0 %Households with 4+ Cars 36 %Public Transportation Users 19 %Young Wealthy Households 27 %

3-mile52 %69 %35 %32 %94 %77 %11 %67 %27 %70 %

5-mile53 %79 %38 %53 %

118 %80 %

8 %76 %34 %99 %

This Tapestry information compares this selected market against the average. If a tapestry is over 100% it is above average for that statistic. If a tapestry is under 100% it is below average.

Tapestry


Richard Stallings

[email protected]


Richard Stallings

3-Mile 5-Mile1-Mile

>200K150K-200K125K-150K100K-125K75K-100K60K-75K50K-60K45K-50K40K-45K35K-40K30K-35K25K-30_

__K20K-25K15K-20K10K-15K

<10K

2,000 4,000 6,000 8,0000




BERKSHIREHATHAWAY


COMMERCIAL DIVISION


1-Mile %Total Expenditures 205,776,005Average annual household 55,351Food 7,118 12.86 %Food at home 4,496Cereals and bakery products 638Cereals and cereal products 226Bakery products 412Meats poultry fish and eggs 892Beef 210Pork 158Poultry 169Fish and seafood 146Eggs 71Dairy products 463Fruits and vegetables 911Fresh fruits 134Processed vegetables 170Sugar and other sweets 164Fats and oils 142Miscellaneous foods 847Nonalcoholic beverages 375Food away from home 2,621Alcoholic beverages 419Housing 19,406 35.06 %Shelter 11,791Owned dwellings 7,306Mortgage interest and charges 3,741Property taxes 2,473Maintenance repairs 1,091Rented dwellings 3,377Other lodging 1,107Utilities fuels 4,337Natural gas 417Electricity 1,700Fuel oil 172Telephone services 1,352Water and other public services 695Household operations 1,393 2.52 %Personal services 424Other household expenses 969Housekeeping supplies 671Laundry and cleaning supplies 174Other household products 395Postage and stationery 101Household furnishings 1,212Household textiles 91Furniture 298Floor coverings 34Major appliances 129Small appliances 101Miscellaneous 557Apparel and services 1,528 2.76 %Men and boys 308Men 16 and over 256Boys 2 to 15 52Women and girls 539

5-Mile %2,604,540,157

56,8697,283 12.81 %4,570

65023041990521215817115072

472929137173167144859379

2,712434

19,852 34.91 %12,0797,5313,8712,5571,1023,3851,1624,405

4251,720

1771,373

7071,434 2.52 %

441993680176401102

1,25294

31235

134106568

1,560 2.74 %32026653

552

3-Mile %1,188,233,148

55,1317,080 12.84 %4,479

63722641088620715616814671

461910134170164141842373

2,600415

19,370 35.13 %11,7727,2853,7302,4701,0843,3911,0954,349

4171,705

1741,356

6951,382 2.51 %

41996266117338998

1,20590

29433

136102548

1,498 2.72 %30525450

533

Expenditures


Richard Stallings

[email protected]


Richard Stallings


BERKSHIREHATHAWAY


COMMERCIAL DIVISION




Women 16 and over 467Girls 2 to 15 72Children under 2 97

1-Mile %Total Expenditures 205,776,005Average annual household 55,351Transportation 7,425 13.41 %Vehicle purchases 1,814Cars and trucks new 961Cars and trucks used 810Gasoline and motor oil 2,243Other vehicle expenses 2,763Vehicle finance charges 188Maintenance and repairs 990Vehicle insurance 1,213Vehicle rental leases 370Public transportation 604Health care 4,074 7.36 %Health insurance 2,639Medical services 879Drugs 417Medical supplies 137Entertainment 3,258 5.89 %Fees and admissions 703Television radios 1,076Pets toys 1,198Personal care products 723Reading 63Education 1,685Tobacco products 393Miscellaneous 909 1.64 %Cash contributions 1,401Personal insurance 6,944Life and other personal insurance 189Pensions and Social Security 6,755

4797399

4607297

3-Mile %1,188,233,148

55,1317,410 13.44 %1,810

954811

2,2462,761

190980

1,224365592

4,074 7.39 %2,644

882409137

3,234 5.87 %693

1,0781,184

71762

1,668394905 1.64 %

1,4336,865

1886,676

5-Mile %2,604,540,157

56,8697,607 13.38 %1,871

984842

2,2782,829

1951,0091,246

379626

4,142 7.28 %2,682

902416141

3,329 5.85 %734

1,0911,220

74264

1,791390937 1.65 %

1,4597,272

1957,076

Estimated Households Housing Occupied By Housing OccumpancyDistance Year Projection 2000 Change 1 Person Family Owner Renter Vacant1-Mile 2020 7,991 6,076 28.27 % 2,416 4,993 3,949 4,042 1,093

3-Mile 2020 35,260 27,283 28.04 % 8,606 24,561 23,508 11,752 4,782

5-Mile 2020 64,012 50,384 26.67 % 14,775 45,989 46,400 17,612 8,771

1-Mile 2023 8,531 6,076 36.57 % 2,575 5,334 4,227 4,304 1,130

3-Mile 2023 37,381 27,283 35.79 % 9,121 26,039 24,926 12,455 5,062

5-Mile 2023 67,158 50,384 33.44 % 15,491 48,254 48,764 18,394 10,082

Expenditures (Continued)


Richard Stallings

[email protected]


Richard Stallings


BERKSHIREHATHAWAY


COMMERCIAL DIVISION




Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

11-2-2015

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;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; andTreat all parties to a real estate transaction honestly and fairly.

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 theowner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimumduties 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, usuallythrough a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform thebuyer of any material information about the property or transaction known by the agent, including information disclosed to the agentby the seller or seller's agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the writtenagreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold orunderlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:

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 (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.Must not, unless specifically authorized in writing to do so by the party, disclose:

that the owner will accept a price less than the written asking price;that the buyer/tenant will pay a price greater than the price submitted in a written offer; andany confidential information or any other information that a party specifically instructs the broker in writing not todisclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent thebuyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLYESTABLISH:

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.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create anobligation for you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records.

Berkshire Hathaway HomeServicesAnderson Properties

604417 [email protected] (713) 862-0000

Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Michael Huff 0501323 [email protected] (713) 862-0000

Designated Broker of Firm License No. Email Phone

Cathy Trevino 455096 [email protected] (713) 516-6331

Licensed Supervisor of Sales Agent/ Associate License No. Email Phone

Pouya Tiraieyari 0677615 [email protected] (281) 203-9194

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.govIABS 1-0

TAR 2501

HATHAWAY Land in The Woodlands – Near I-45 ......The Woodlands, TX 77381 Land in The Woodlands –...

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