475 heimer lange road heimer lange road land ......heimer lange road land — 51.218 acres...
TRANSCRIPT
0 2
miles
VILLAGE AT STONE OAK
CORONADODEVELOPMENT
245 LOTS
ROYAL OAK ESTATES124 LOTS
MOUTAINLODGE & VISTAS
642 LOTSSTONE OAK
CHAMPIONS RIDGE146 LOTS
CANYON SPRINGSESTATES/RESERVE/TRAILS
374 LOTS
CANYON SPRINGSRIDGE
276 LOTS
VISTA BELLA142 LOTS
CANYON SPRINGS/SUMMIT71 LOTS
CANYON SPRINGS/BOULDERS57 LOTS
SUMMERGLEN379 LOTS
TUSCANY HEIGHTS185 LOTS
RIDGE AT LOOKOUTCANYON
LOTS: 294
FUTUREROYAL OAK
ESTATES1,076 LOTS
FUTUREHIGHLAND ESTATES
192 LOTS
FRIESENHAHNTRACT
676 LOTS
SILVERADO HILLSRIDGE
285 LOTS
SILVERADO HILLSSPRINGS115 LOTS
WILLIS RANCHTOTAL LOTS: 318
FUTUREKINDER RANCH
1,413 LOTS
KR/SETTLER’S RANCH64 LOTS
KR/PROSPECT CREEK390 LOTS
KR/PROSPECT CREEK ESTATES121 LOTS
FUTURECIBOLO VALLEY RANCH
961 LOTS
EDGEBROOK282 LOTS
KR/HASTINGS117 LOTS
ZCE-RIM ROCK RANCH391 LOTS
FOUR S RANCH1,800 LOTS
FUTUREDIAMANTE RANCH
342 LOTS
JOHNSON RANCH1,055 LOTS
FUTUREMCCARTY RANCH
380 LOTS
COMAL TRACE268 LOTS
FUTUREBAR FORK BAR
RIVER CROSSING/FAIRWAYS972 LOTS
SINGING HILLS340 LOTS
ZCE-WINDMILL RANCH158 LOTS
ZCE-LANTANA RIDGE363 LOTS
BELTERRA198 LOTS
INDIAN SPRINGS/HEIGHTS282 LOTS
INDIAN SPRINGS/ESTATES200 LOTS
INDIAN SPRINGS/PRESERVE744 LOTS
CIBOLO CANYONS/MONTEVERDE
225 LOTS
CIBOLO CANYONS/ESTANCIA223 LOTSCIBOLO CANYONS/
CIELOS65 LOTS
ZCE-FOSSIL RIDGE1,765 LOTS
CIBOLO CANYONS/PALACIOS117 LOTS
SMITHSON RIDGE28 LOTS
KESTRAL AIR PARK150 LOTS
31,
133
CP
D
21,196CPDFM46
FM46
1863
1863
BEXAR COUNTY
COMAL COUNTY
25
,92
0 C
PD
15,891 CPD
475 HEIMER LANGE ROADBULVERDE, TX
SUBJECT PROPERTY
RESIDENTIAL DEVELOPMENT
ACTIVE DEVELOPMENT
FUTURE DEVELOPMENT
SUBJECT
HEIMER LANGE ROAD LAND 51.218 ACRES
NWC US 281 & HEIMER LANGE ROAD BULVERDE, TX
ASHER REILLY
HEIMER LANGE ROAD LAND — 51.218 ACRES
TABLE OF CONTENTS
The information contained was obtained from sources believed reliable, however, REATA Real Estate Services, LP, makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this project is submitted subject to the errors, omissions and change of price or conditions prior to lease or withdrawal.
SECTION I.. ... ... ... ... ... ... ... ... EXECUTIVE SUMMARY
SECTION II. ... ... ... ... ... ... ... ... MAPS
SECTION III ... ... ... ... ... ... ... ... AERIALS
SECTION IV... ... ... ... ... ... ... ... DEMOGRAPHICS
SECTION V ... ... ... ... ... ... ... ... AGENCY DISCLOSURE
©REATA REAL ESTATE SERVICES, LP
HEIMER LANGE ROAD LAND — 51.218 ACRES
PROPERTY HIGHLIGHTS Prime development tract located along US 281 at Heimer Lange Road in Bulverde, TX. The property enjoys a median cut which provides access to the site for both northbound and southbound traffic.
This location is surrounded by new residential devel-opment and within easy reach of several retail proj-ects at the intersection of US 281 and Highway 46. These include Singing Hills, a 250-acre mixed-use de-velopment anchored by a new 180,000 SF Walmart Supercenter. Other powerful area retailers include H-E-B Plus, Home Depot and Anytime Fitness.
This is a rare opportunity to own or develop proper-ty along a portion of the US 281 corridor which has experienced explosive residential and commercial growth in one of San Antonio’s most affluent bed-room communities.
LOCATION NWC US 281 & Heimer Lange Road Bulverde, TX
SIZE 51.218 Acres (approximate)
PRICING $2.50 PSF
ZONING R-3 and C-3
TRAFFIC COUNTS US 281 25,920 CPD
CONTACT ASHER REILLY PARTNER 210.841.3213 [email protected]
EXECUTIVE SUMMARY
DEMOGRAPHIC SNAPSHOT 3 Miles 5 Miles 7 Miles
2018 Estimated Population 8,113 14,735 23,558
2018 Estimated Households 2,714 4,967 8,053
Annual Growth 2000 — 2018 8.9% 6.1% 4.9%
Average Household Income $150,965 $141,020 $127,058
SECTION I
HEIMER LANGE ROAD LAND — 51.218 ACRES
MAPS
SECTION II
HEIMER LANGE ROAD 51.218 ACRES
HEIMER LANGE ROAD 51.218 ACRES
HEIMER LANGE ROAD LAND — 51.218 ACRES
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AERIAL — RESIDENTIAL
SECTION III
HEIMER LANGE ROAD LAND — 51.218 ACRES
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AERIAL — RESIDENTIAL
SECTION III
HEIMER LANGE ROAD LAND — 51.218 ACRES
475 HEIMER LANGE ROADBULVERDE, TX
475 Heimer Lange
Floodplain
1% Annual Chance
AERIAL — FLOOD PLAIN
SECTION III
HEIMER LANGE ROAD LAND — 51.218 ACRES
DEMOGRAPHICS
SECTION IVDemographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 1 of 3©2018, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 29.8288/-98.4187RF1
475 Heimer Lange Rd3 mi radius 5 mi radius 7 mi radius
Spring Branch, TX 78070
PO
PU
LATI
ON
2018 Estimated Population 8,113 14,735 23,5582023 Projected Population 9,784 17,816 28,6062010 Census Population 6,889 12,482 19,6772000 Census Population 3,107 7,012 12,537Projected Annual Growth 2018 to 2023 4.1% 4.2% 4.3%Historical Annual Growth 2000 to 2018 8.9% 6.1% 4.9%
HO
US
EH
OLD
S 2018 Estimated Households 2,714 4,967 8,0532023 Projected Households 3,059 5,615 9,1462010 Census Households 2,421 4,420 7,0732000 Census Households 1,077 2,453 4,392Projected Annual Growth 2018 to 2023 2.5% 2.6% 2.7%Historical Annual Growth 2000 to 2018 8.4% 5.7% 4.6%
AG
E
2018 Est. Population Under 10 Years 12.1% 12.1% 11.7%2018 Est. Population 10 to 19 Years 15.5% 15.2% 14.8%2018 Est. Population 20 to 29 Years 8.0% 8.4% 8.6%2018 Est. Population 30 to 44 Years 16.8% 16.7% 16.3%2018 Est. Population 45 to 59 Years 23.4% 23.1% 23.5%2018 Est. Population 60 to 74 Years 20.3% 20.0% 20.1%2018 Est. Population 75 Years or Over 4.0% 4.6% 4.9%2018 Est. Median Age 42.3 42.3 42.9
MA
RIT
AL
STA
TUS
&
GE
ND
ER
2018 Est. Male Population 50.2% 50.2% 50.1%2018 Est. Female Population 49.8% 49.8% 49.9%
2018 Est. Never Married 21.6% 23.4% 22.2%2018 Est. Now Married 64.0% 63.0% 62.8%2018 Est. Separated or Divorced 11.0% 9.9% 10.7%2018 Est. Widowed 3.4% 3.7% 4.4%
INC
OM
E
2018 Est. HH Income $200,000 or More 20.9% 18.5% 16.4%2018 Est. HH Income $150,000 to $199,999 15.9% 14.6% 12.8%2018 Est. HH Income $100,000 to $149,999 21.7% 21.9% 21.5%2018 Est. HH Income $75,000 to $99,999 15.2% 13.5% 12.3%2018 Est. HH Income $50,000 to $74,999 8.7% 11.1% 12.4%2018 Est. HH Income $35,000 to $49,999 5.3% 5.3% 7.0%2018 Est. HH Income $25,000 to $34,999 5.4% 5.4% 5.8%2018 Est. HH Income $15,000 to $24,999 1.7% 2.7% 4.0%2018 Est. HH Income Under $15,000 5.3% 7.0% 7.9%2018 Est. Average Household Income $150,965 $141,020 $127,0582018 Est. Median Household Income $121,903 $113,780 $103,7002018 Est. Per Capita Income $50,498 $47,538 $43,458
2018 Est. Total Businesses 348 605 8262018 Est. Total Employees 2,604 4,523 5,910
HEIMER LANGE ROAD LAND — 51.218 ACRES
DEMOGRAPHICS
SECTION IVDemographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 2 of 3©2018, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 29.8288/-98.4187RF1
475 Heimer Lange Rd3 mi radius 5 mi radius 7 mi radius
Spring Branch, TX 78070
RA
CE
2018 Est. White 90.7% 90.3% 90.6%2018 Est. Black 2.2% 1.8% 1.5%2018 Est. Asian or Pacific Islander 1.2% 0.9% 0.8%2018 Est. American Indian or Alaska Native 0.4% 0.5% 0.5%2018 Est. Other Races 5.5% 6.6% 6.6%
HIS
PA
NIC 2018 Est. Hispanic Population 1,742 3,421 5,226
2018 Est. Hispanic Population 21.5% 23.2% 22.2%2023 Proj. Hispanic Population 22.8% 24.4% 23.3%2010 Hispanic Population 17.9% 19.7% 19.0%
ED
UC
ATI
ON
(Adu
lts 2
5 or
Old
er)
2018 Est. Adult Population (25 Years or Over) 5,493 10,010 16,1592018 Est. Elementary (Grade Level 0 to 8) 1.8% 3.6% 3.2%2018 Est. Some High School (Grade Level 9 to 11) 1.2% 2.6% 4.1%2018 Est. High School Graduate 19.5% 21.9% 25.5%2018 Est. Some College 23.9% 22.1% 21.6%2018 Est. Associate Degree Only 12.0% 10.5% 9.7%2018 Est. Bachelor Degree Only 25.8% 24.5% 22.4%2018 Est. Graduate Degree 15.8% 14.9% 13.4%
HO
US
ING 2018 Est. Total Housing Units 2,809 5,159 8,430
2018 Est. Owner-Occupied 89.6% 88.6% 87.5%2018 Est. Renter-Occupied 7.0% 7.7% 8.0%2018 Est. Vacant Housing 3.4% 3.7% 4.5%
HO
ME
S B
UIL
T B
Y Y
EA
R 2010 Homes Built 2005 or later 3.4% 3.9% 4.6%2010 Homes Built 2000 to 2004 63.9% 54.7% 48.0%2010 Homes Built 1990 to 1999 24.5% 26.8% 28.5%2010 Homes Built 1980 to 1989 9.1% 10.4% 11.3%2010 Homes Built 1970 to 1979 3.5% 6.3% 7.9%2010 Homes Built 1960 to 1969 1.3% 1.9% 2.0%2010 Homes Built 1950 to 1959 1.1% 1.3% 1.9%2010 Homes Built Before 1949 1.2% 2.4% 2.4%
HO
ME
VA
LUE
S
2010 Home Value $1,000,000 or More 1.3% 1.0% 1.0%2010 Home Value $500,000 to $999,999 27.8% 22.9% 20.0%2010 Home Value $400,000 to $499,999 21.8% 20.8% 19.8%2010 Home Value $300,000 to $399,999 25.3% 24.6% 22.2%2010 Home Value $200,000 to $299,999 22.3% 24.3% 25.4%2010 Home Value $150,000 to $199,999 6.1% 8.3% 9.5%2010 Home Value $100,000 to $149,999 3.1% 4.1% 5.1%2010 Home Value $50,000 to $99,999 4.8% 3.8% 5.0%2010 Home Value $25,000 to $49,999 1.1% 2.0% 2.3%2010 Home Value Under $25,000 0.9% 1.5% 2.0%2010 Median Home Value $374,891 $347,063 $324,8732010 Median Rent $1,266 $1,122 $1,022
HEIMER LANGE ROAD LAND — 51.218 ACRES
DEMOGRAPHICS
SECTION IVDemographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 3 of 3©2018, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 29.8288/-98.4187RF1
475 Heimer Lange Rd3 mi radius 5 mi radius 7 mi radius
Spring Branch, TX 78070
LAB
OR
FO
RC
E
2018 Est. Labor Population Age 16 Years or Over 6,318 11,525 18,6132018 Est. Civilian Employed 55.4% 55.9% 55.3%2018 Est. Civilian Unemployed 2.2% 1.9% 2.1%2018 Est. in Armed Forces 0.6% 0.4% 0.4%2018 Est. not in Labor Force 41.8% 41.8% 42.3%2018 Labor Force Males 49.7% 49.8% 49.9%2018 Labor Force Females 50.3% 50.2% 50.1%
OC
CU
PA
TIO
N
2010 Occupation: Population Age 16 Years or Over 3,579 6,530 10,1892010 Mgmt, Business, & Financial Operations 23.1% 22.4% 22.0%2010 Professional, Related 26.5% 24.6% 22.2%2010 Service 12.1% 12.4% 13.3%2010 Sales, Office 26.9% 27.2% 28.5%2010 Farming, Fishing, Forestry - - 0.2%2010 Construction, Extraction, Maintenance 7.6% 9.2% 9.3%2010 Production, Transport, Material Moving 3.9% 4.2% 4.5%2010 White Collar Workers 76.4% 74.2% 72.7%2010 Blue Collar Workers 23.6% 25.8% 27.3%
TRA
NS
PO
RTA
TIO
NTO
WO
RK
2010 Drive to Work Alone 83.0% 80.7% 80.5%2010 Drive to Work in Carpool 5.0% 5.5% 6.8%2010 Travel to Work by Public Transportation - - - 2010 Drive to Work on Motorcycle 0.3% 0.3% 0.2%2010 Walk or Bicycle to Work 0.9% 3.5% 3.1%2010 Other Means 1.7% 1.6% 1.3%2010 Work at Home 9.2% 8.4% 8.1%
TRA
VE
L TI
ME 2010 Travel to Work in 14 Minutes or Less 8.6% 11.9% 11.3%
2010 Travel to Work in 15 to 29 Minutes 15.5% 16.0% 17.5%2010 Travel to Work in 30 to 59 Minutes 53.3% 50.2% 49.8%2010 Travel to Work in 60 Minutes or More 14.2% 14.2% 13.9%2010 Average Travel Time to Work 39.7 38.2 38.3
CO
NS
UM
ER
EX
PE
ND
ITU
RE
2018 Est. Total Household Expenditure $257 M $447 M $671 M2018 Est. Apparel $9.13 M $15.9 M $23.8 M2018 Est. Contributions, Gifts $21.5 M $36.5 M $53.5 M2018 Est. Education, Reading $12.2 M $20.8 M $30.5 M2018 Est. Entertainment $14.7 M $25.6 M $38.3 M2018 Est. Food, Beverages, Tobacco $36.9 M $64.7 M $97.8 M2018 Est. Furnishings, Equipment $9.41 M $16.2 M $24.2 M2018 Est. Health Care, Insurance $20.9 M $36.5 M $55.3 M2018 Est. Household Operations, Shelter, Utilities $79.3 M $138 M $207 M2018 Est. Miscellaneous Expenses $3.54 M $6.20 M $9.37 M2018 Est. Personal Care $3.28 M $5.73 M $8.60 M2018 Est. Transportation $46.2 M $81.0 M $122 M
HEIMER LANGE ROAD LAND — 51.218 ACRES
AGENCY DISCLOSURE
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.
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
Licensed Broker/Broker Firm Name or Primary Assumed Business Name
License Number Email PhoneREATA Real Estate Services, LP 9002891 [email protected] 210.930.4111
Designated Broker of Firm License Number Email PhoneThomas C. Tyng, Jr. 0406718 [email protected] 210.930.4111
Regulated by the Texas Real Estate Commission. Information available at www.trec.texas.gov IABS 1-0 02/16/16
Buyer/Tenant/Seller/Landlord Initials Date
Sales Agent License Number Email PhoneAsher Reilly 523151 [email protected] 210.930.4111
Sales Agent License Number Email Phone
Sales Agent License Number Email Phone
SECTION V