6.25 acres - loopnet...the information contained was obtained from sources believed reliable,...

JUNIOR’SSUPERMARKET

DALE MCNALLENPERFORMING ARTS CENTER

EDINBURG NORTHHIGH SCHOOL

29,966 CPD

12,7

03

CP

D

45

,011

CP

D

SUBJECT

6.25 ACRES

NEC BUSINESS 281 & MONTE CRISTO ROAD EDINBURG, TEXAS 78539

THOMAS TYNG

BUSINESS 281 & MONTE CRISTO

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... ... ... ... ... ... ... ... SURVEY

SECTION V ... ... ... ... ... ... ... ... DEMOGRAPHICS

SECTION VI... ... ... ... ... ... ... ... AGENCY DISCLOSURE

©REATA REAL ESTATE SERVICES, LP


PROPERTY HIGHLIGHTS 6.25 acre site in fast-growing Edinburg, TX. This is a great development opportunity within easy reach of major employment centers including the University of Texas – Rio Grande Valley (27,000 students plus 1,200 faculty) and Edinburg Regional Medical Center.

This property has great access and visibility from both Business 281 and Monte Christo Road.

LOCATION NEC Business 281 & Monte Cristo Road Edinburg, TX 78539

SIZE 6.25 Acres (approximate)

PRICING Please contact Broker for pricing.

FRONTAGE Business 281 684.63’ (approximately) Monte Christo 393.31’ (approximately)

ZONING C-2

TRAFFIC COUNTS Business 281 12,703 CPD Highway 281 45,011 CPD Monte Cristo 29,966 CPD

CONTACT THOMAS TYNG PARTNER 210.841.3222 [email protected]

EXECUTIVE SUMMARY

DEMOGRAPHIC SNAPSHOT 1 Mile 3 Miles 5 Miles

2018 Estimated Population 4,416 45,521 109,235

2018 Estimated Households 1,262 13,538 32,606

Annual Growth 2000 — 2018 7.8% 4.2% 4.6%

Average Household Income $51,820 $46,458 $56,188

SECTION I


MAPS

SECTION II

BUSINESS 281 AND MONTE CHRISTO RD

BUSINESS 281 AND MONTE CHRISTO RD


TRENTON

CANTON

107

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TRENTON CROSSING

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SUBJECT

29,966 CPD

12,7

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28,000 Students

AERIALS

SECTION III


JUNIOR’SSUPERMARKET

DALE MCNALLENPERFORMING ARTS CENTER

EDINBURG NORTHHIGH SCHOOL

29,966 CPD

12,7

03

CP

D

45

,011

CP

D

SUBJECT

AERIALS

SECTION III


SURVEY

SECTION IV


DEMOGRAPHICS

Demographic 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: 26.3375/-98.1548RF1

US-281 BUS and Monte Christo Rd1 mi radius 3 mi radius 5 mi radius

Edinburg, TX 78541

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PU

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2018 Estimated Population 4,416 45,521 109,2352023 Projected Population 4,684 48,219 115,7392010 Census Population 4,188 40,804 94,6002000 Census Population 1,995 27,358 63,579Projected Annual Growth 2018 to 2023 1.2% 1.2% 1.2%Historical Annual Growth 2000 to 2018 6.7% 3.7% 4.0%

HO

US

EH

OLD

S 2018 Estimated Households 1,262 13,538 32,6062023 Projected Households 1,361 14,619 35,2042010 Census Households 1,156 11,886 27,6962000 Census Households 524 7,682 17,862Projected Annual Growth 2018 to 2023 1.6% 1.6% 1.6%Historical Annual Growth 2000 to 2018 7.8% 4.2% 4.6%

AG

E

2018 Est. Population Under 10 Years 18.8% 17.6% 17.9%2018 Est. Population 10 to 19 Years 17.4% 17.3% 17.1%2018 Est. Population 20 to 29 Years 18.8% 19.8% 17.2%2018 Est. Population 30 to 44 Years 19.9% 18.5% 19.3%2018 Est. Population 45 to 59 Years 13.7% 14.0% 15.2%2018 Est. Population 60 to 74 Years 8.4% 8.7% 9.1%2018 Est. Population 75 Years or Over 3.0% 4.1% 4.1%2018 Est. Median Age 26.5 27.4 28.3

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2018 Est. Male Population 49.2% 49.2% 48.9%2018 Est. Female Population 50.8% 50.8% 51.1%

2018 Est. Never Married 37.6% 40.1% 37.1%2018 Est. Now Married 44.6% 40.9% 43.4%2018 Est. Separated or Divorced 12.6% 15.1% 15.4%2018 Est. Widowed 5.2% 3.9% 4.1%

INC

OM

E

2018 Est. HH Income $200,000 or More 0.1% 0.9% 2.3%2018 Est. HH Income $150,000 to $199,999 2.1% 1.2% 3.8%2018 Est. HH Income $100,000 to $149,999 8.8% 7.3% 11.3%2018 Est. HH Income $75,000 to $99,999 13.7% 10.5% 10.9%2018 Est. HH Income $50,000 to $74,999 19.5% 15.4% 15.7%2018 Est. HH Income $35,000 to $49,999 17.0% 15.4% 13.0%2018 Est. HH Income $25,000 to $34,999 9.3% 11.4% 10.6%2018 Est. HH Income $15,000 to $24,999 10.5% 13.8% 12.7%2018 Est. HH Income Under $15,000 18.9% 24.0% 19.7%2018 Est. Average Household Income $51,820 $46,458 $56,1882018 Est. Median Household Income $45,582 $36,761 $46,5622018 Est. Per Capita Income $14,811 $13,960 $16,854

2018 Est. Total Businesses 51 1,118 2,1722018 Est. Total Employees 579 19,668 32,883

SECTION V


DEMOGRAPHICS


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Lat/Lon: 26.3375/-98.1548RF1


Edinburg, TX 78541

RAC

E

2018 Est. White 94.9% 87.8% 86.6%2018 Est. Black 1.0% 1.3% 1.3%2018 Est. Asian or Pacific Islander 0.4% 0.8% 1.6%2018 Est. American Indian or Alaska Native 0.2% 0.4% 0.4%2018 Est. Other Races 3.5% 9.8% 10.1%

HIS

PAN

IC 2018 Est. Hispanic Population 4,159 42,540 99,7402018 Est. Hispanic Population 94.2% 93.5% 91.3%2023 Proj. Hispanic Population 94.5% 93.8% 91.7%2010 Hispanic Population 94.6% 93.8% 91.2%

EDU

CAT

ION

(Adu

lts 2

5 or

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2018 Est. Adult Population (25 Years or Over) 2,365 24,525 60,6442018 Est. Elementary (Grade Level 0 to 8) 19.8% 18.9% 16.8%2018 Est. Some High School (Grade Level 9 to 11) 10.8% 14.2% 11.6%2018 Est. High School Graduate 22.6% 22.8% 21.5%2018 Est. Some College 19.4% 19.0% 20.5%2018 Est. Associate Degree Only 5.9% 5.0% 5.2%2018 Est. Bachelor Degree Only 16.1% 14.5% 17.1%2018 Est. Graduate Degree 5.3% 5.6% 7.4%

HO

USI

NG 2018 Est. Total Housing Units 1,328 14,223 34,227

2018 Est. Owner-Occupied 62.1% 51.6% 58.8%2018 Est. Renter-Occupied 32.9% 43.6% 36.5%2018 Est. Vacant Housing 5.0% 4.8% 4.7%

HO

MES

BU

ILT

BY Y

EAR 2010 Homes Built 2005 or later 0.5% 3.5% 3.2%

2010 Homes Built 2000 to 2004 58.7% 41.1% 39.2%2010 Homes Built 1990 to 1999 23.5% 20.2% 24.1%2010 Homes Built 1980 to 1989 14.0% 14.8% 17.4%2010 Homes Built 1970 to 1979 6.3% 12.3% 12.9%2010 Homes Built 1960 to 1969 2.5% 5.7% 5.4%2010 Homes Built 1950 to 1959 0.7% 4.7% 4.0%2010 Homes Built Before 1949 1.0% 4.6% 3.5%

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2010 Home Value $1,000,000 or More - - - 2010 Home Value $500,000 to $999,999 3.6% 1.6% 1.5%2010 Home Value $400,000 to $499,999 0.2% 0.4% 0.8%2010 Home Value $300,000 to $399,999 1.8% 1.9% 3.6%2010 Home Value $200,000 to $299,999 4.7% 7.1% 12.3%2010 Home Value $150,000 to $199,999 14.2% 12.4% 15.7%2010 Home Value $100,000 to $149,999 25.1% 19.8% 23.6%2010 Home Value $50,000 to $99,999 49.4% 49.6% 39.2%2010 Home Value $25,000 to $49,999 12.7% 18.7% 16.0%2010 Home Value Under $25,000 5.5% 4.6% 5.7%2010 Median Home Value $87,950 $83,408 $101,8252010 Median Rent $678 $540 $560

SECTION V


DEMOGRAPHICS


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Lat/Lon: 26.3375/-98.1548RF1


Edinburg, TX 78541

LAB

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2018 Est. Labor Population Age 16 Years or Over 3,122 33,134 78,5482018 Est. Civilian Employed 59.1% 56.6% 59.0%2018 Est. Civilian Unemployed 3.9% 3.8% 3.7%2018 Est. in Armed Forces 1.0% 0.2% 0.1%2018 Est. not in Labor Force 36.0% 39.5% 37.2%2018 Labor Force Males 48.1% 48.3% 47.9%2018 Labor Force Females 51.9% 51.7% 52.1%

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2010 Occupation: Population Age 16 Years or Over 1,980 18,674 46,1732010 Mgmt, Business, & Financial Operations 8.3% 8.9% 10.7%2010 Professional, Related 23.8% 19.9% 23.6%2010 Service 21.2% 24.9% 22.0%2010 Sales, Office 23.2% 24.2% 23.8%2010 Farming, Fishing, Forestry 0.8% 0.6% 0.6%2010 Construction, Extraction, Maintenance 12.6% 11.5% 9.4%2010 Production, Transport, Material Moving 10.2% 10.0% 10.0%2010 White Collar Workers 55.3% 53.0% 58.1%2010 Blue Collar Workers 44.7% 47.0% 41.9%

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2010 Drive to Work Alone 77.5% 76.9% 78.5%2010 Drive to Work in Carpool 11.0% 7.9% 8.3%2010 Travel to Work by Public Transportation 0.2% 1.4% 1.0%2010 Drive to Work on Motorcycle - 0.2% 0.2%2010 Walk or Bicycle to Work 0.7% 3.2% 2.5%2010 Other Means 5.8% 5.2% 4.5%2010 Work at Home 4.9% 5.1% 5.0%

TRA

VE

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ME 2010 Travel to Work in 14 Minutes or Less 24.3% 26.4% 28.4%

2010 Travel to Work in 15 to 29 Minutes 59.5% 53.1% 55.5%2010 Travel to Work in 30 to 59 Minutes 20.5% 21.9% 21.4%2010 Travel to Work in 60 Minutes or More 5.0% 4.5% 4.8%2010 Average Travel Time to Work 18.8 19.2 19.6

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2018 Est. Total Household Expenditure $56.5 M $562 M $1.53 B2018 Est. Apparel $1.98 M $19.7 M $54.0 M2018 Est. Contributions, Gifts $3.30 M $32.9 M $96.5 M2018 Est. Education, Reading $1.96 M $19.8 M $57.5 M2018 Est. Entertainment $3.13 M $30.9 M $85.1 M2018 Est. Food, Beverages, Tobacco $9.05 M $90.3 M $241 M2018 Est. Furnishings, Equipment $1.86 M $18.2 M $50.9 M2018 Est. Health Care, Insurance $5.07 M $50.9 M $135 M2018 Est. Household Operations, Shelter, Utilities $17.5 M $175 M $477 M2018 Est. Miscellaneous Expenses $851 K $8.46 M $22.6 M2018 Est. Personal Care $739 K $7.36 M $20.0 M2018 Est. Transportation $11.1 M $109 M $293 M

SECTION V


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 Phone



SECTION VI

6.25 acres - loopnet...the information contained was obtained from sources believed reliable,...

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