475 heimer lange road heimer lange road land ......heimer lange road land — 51.218 acres...

11
COMAL TRACE 268 LOTS FUTURE BAR FORK BAR RIVER CROSSING/FAIRWAYS 972 LOTS SINGING HILLS 340 LOTS ZCE-WINDMILL RANCH 158 LOTS ZCE-LANTANA RIDGE 363 LOTS KESTRAL AIR PARK 150 LOTS 31,133 CPD 21,196CPD FM 46 FM 46 25,920 CPD 15,891 CPD SUBJECT HEIMER LANGE ROAD LAND 51.218 ACRES NWC US 281 & HEIMER LANGE ROAD BULVERDE, TX ASHER REILLY

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Page 1: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

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

Page 2: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

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

Page 3: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

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

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HEIMER LANGE ROAD LAND — 51.218 ACRES

MAPS

SECTION II

HEIMER LANGE ROAD 51.218 ACRES

HEIMER LANGE ROAD 51.218 ACRES

Page 5: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

HEIMER LANGE ROAD LAND — 51.218 ACRES

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SECTION III

Page 6: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

HEIMER LANGE ROAD LAND — 51.218 ACRES

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SECTION III

Page 7: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

HEIMER LANGE ROAD LAND — 51.218 ACRES

475 HEIMER LANGE ROADBULVERDE, TX

475 Heimer Lange

Floodplain

1% Annual Chance

AERIAL — FLOOD PLAIN

SECTION III

Page 8: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

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

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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

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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

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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

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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

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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

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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

Page 11: 475 HEIMER LANGE ROAD HEIMER LANGE ROAD LAND ......HEIMER LANGE ROAD LAND — 51.218 ACRES DEMOGRAPHICS ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source:

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