MAGNOLIA/WOODLANDS DEVELOPMENT TRACT

L A N D F O R S A L E

MAGNOLIA/WOODLANDSDEVELOPMENT TRACT0 FM 2978, Magnolia, TX 77354

PRESENTED BY:

Patrick Buckhoff, CCIM | President, Principal Broker & Advisor 832.560.2100 |

[email protected]

Remax Commercial Advisors

281.686.9445 (o) // 281.598.5577 (f) // commercialspacehouston.com

// 14257 FM 2920, Tomball, TX 77377

Each office independently owned and operated.

PATRICK BUCKHOFF, CCIMPresident, Principal Broker & Advisor

[email protected]

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OFFERING SUMMARY

Sale Price: Call for pricing

Lot Size: 1.49 Acres

Price / SF: -

DEMOGRAPHICS

1 MILE 5 MILES 10 MILES

Households 1,160 22,998 85,901

Population 3,576 70,146 242,431

Avg HH Income $144,536 $141,236 $109,740

Looking for a place for your new Retail location, Medical office or restaurant?Look no further. Located on Major thoroughfare in the fast-growing Magnolia/Woodlands Market area, this 65,000 SF development site with 270’ Frontageon FM 2978 provides proximity to residential areas, high visibility and easyaccess to The Woodlands, Magnolia, Tomball and Spring.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Signalized corner at FM 2978 and Tamina Road

• Strong trade area with excellent income profiles and growth forecast

• Non-Flood plain site and access to utilities make this a perfect location for

your project

• Location is optimal for Retail, Convenient Store or Owner occupied

businesses.

• Why rent when you can own? Call today to find out how to make it yours!

1.49 ACRES | 0 FM 2978 | MAGNOLIA, TX

R E M A X C O M M E R C I A L A D V I S O R S C O M M E R C I A L S PA C E H O U S T O N . C O M

Executive Summary


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Location Maps


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Retailer Map

Disposable Income ProfilePrepared by Esri

Latitude: 30.20916NWC FM 2978 & Tamina Rd Drive Time: 5 minute radius

Longitude: -95.57397

2018-2023 2018-2023Census 2010 2018 2023 Change Annual Rate

Population 9,779 11,923 14,043 2,120 3.33%Median Age 35.4 36.0 35.7 -0.3 -0.17%Households 3,342 4,051 4,751 700 3.24%Average Household Size 2.92 2.94 2.95 0.01 0.07%

2018 Households by Disposable Income Number PercentTotal 4,051 100.0%

<$15,000 95 2.3%$15,000-$24,999 172 4.2%$25,000-$34,999 224 5.5%$35,000-$49,999 287 7.1%$50,000-$74,999 467 11.5%$75,000-$99,999 524 12.9%$100,000-$149,999 1,039 25.6%$150,000-$199,999 617 15.2%$200,000+ 627 15.5%

Median Disposable Income $108,302Average Disposable Income $123,175

Number of Households2018 Disposable Income by Age of Householder <25 25-34 35-44 45-54 55-64 65-74 75+Total 120 527 975 1,125 758 397 148

<$15,000 7 13 11 13 21 18 11$15,000-$24,999 14 32 21 28 32 26 19$25,000-$34,999 15 38 40 41 37 31 22$35,000-$49,999 13 60 59 47 39 40 30$50,000-$74,999 19 97 98 82 84 58 30$75,000-$99,999 14 67 154 134 96 50 8$100,000-$149,999 16 128 312 284 202 82 15$150,000-$199,999 11 52 141 258 109 41 6$200,000+ 12 41 141 238 137 52 6

Median Disposable Income $62,949 $82,436 $111,230 $134,015 $112,078 $86,319 $44,546Average Disposable Income $85,383 $96,520 $127,545 $145,795 $128,870 $106,681 $63,923

Data Note: Disposable Income is after-tax household income. Disposable income forecasts are based on the Current Population Survey, U.S. Census Bureau. Detail may not sum to totals due to roundingSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023.

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Population 53,635 68,028 79,537 11,509 3.18%Median Age 36.9 37.5 37.7 0.2 0.11%Households 17,906 22,553 26,297 3,744 3.12%Average Household Size 2.99 3.01 3.02 0.01 0.07%


<$15,000 713 3.2%$15,000-$24,999 1,023 4.5%$25,000-$34,999 1,167 5.2%$35,000-$49,999 1,700 7.5%$50,000-$74,999 2,883 12.8%$75,000-$99,999 3,408 15.1%$100,000-$149,999 5,817 25.8%$150,000-$199,999 2,881 12.8%$200,000+ 2,961 13.1%


Number of Households2018 Disposable Income by Age of Householder <25 25-34 35-44 45-54 55-64 65-74 75+Total 436 2,762 4,835 6,039 4,879 2,502 1,101

<$15,000 29 79 77 103 173 143 109$15,000-$24,999 45 163 121 161 196 175 162$25,000-$34,999 45 195 185 212 212 171 148$35,000-$49,999 51 323 345 287 252 235 208$50,000-$74,999 77 564 568 507 581 384 202$75,000-$99,999 60 404 919 870 712 369 74$100,000-$149,999 63 665 1,503 1,636 1,309 530 111$150,000-$199,999 32 205 559 1,185 641 218 41$200,000+ 34 165 558 1,077 804 277 46



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Population 104,507 137,072 159,246 22,174 3.04%Median Age 38.8 39.6 40.2 0.6 0.30%Households 37,549 49,017 56,766 7,749 2.98%Average Household Size 2.77 2.79 2.80 0.01 0.07%


<$15,000 2,369 4.8%$15,000-$24,999 2,699 5.5%$25,000-$34,999 2,989 6.1%$35,000-$49,999 4,732 9.7%$50,000-$74,999 7,106 14.5%$75,000-$99,999 7,131 14.5%$100,000-$149,999 11,456 23.4%$150,000-$199,999 5,166 10.5%$200,000+ 5,369 11.0%


Number of Households2018 Disposable Income by Age of Householder <25 25-34 35-44 45-54 55-64 65-74 75+Total 967 6,079 9,281 11,280 10,820 6,605 3,985

<$15,000 85 252 207 257 532 493 544$15,000-$24,999 100 396 270 342 490 489 612$25,000-$34,999 112 479 394 462 535 478 529$35,000-$49,999 149 871 848 682 683 742 757$50,000-$74,999 190 1,290 1,275 1,127 1,439 1,074 710$75,000-$99,999 122 846 1,800 1,657 1,544 921 242$100,000-$149,999 115 1,295 2,645 2,990 2,768 1,289 354$150,000-$199,999 46 361 922 1,977 1,256 491 113$200,000+ 49 291 920 1,785 1,573 627 124



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Texas law requires all real estate license holders to give you the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

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; and ◊ Treat 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 the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties 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, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by 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 written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined 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 and buyer) 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; and ◊ any confidential information or any other information that a party specifically instructs the broker in writing not to

disclose, 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 the buyer. 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 CLEARLY ESTABLISH:

◊ 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 an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

PRB Realty Investments 9005284 [email protected] 713.955.2510 Licensed Broker/Broker Firm Name License No. Email Phone

RE/MAX Commercial Advisors _______ [email protected] 832.560.2100 Designated Broker of Firm License No. Email Phone

Patrick Buckhoff 587831 [email protected] 713.955.2100 Licensed Supervisor of Sales Agent/Associate License No. Email Phone

Patrick Buckhoff, CCIM 587831 [email protected] 832.560.2100 Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlford Initials Date

INFORMATION ABOUT BROKERAGE SERVICES

C O M M E R C I A L S PA C E H O U S T O N . C O MR E M A X C O M M E R C I A L A D V I S O R S


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MAGNOLIA/WOODLANDS DEVELOPMENT TRACT

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