for sale - loopnet · 2016-03-30 · shreveport - bossier city, la is located 75 miles south by...

The above information was obtained from sources believed reliable; however, Schimming Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property for sale, rent or exchanges is submitted subject to errors, omissions, change of price or

conditions, prior sale or lease or withdrawal without notice.

Zoned Office

7 Lots available

Just off Richmond Road

3.31 total acres available

2.11 contiguous acres

Located in a rapidly growing area

Lots range from .34 to .75 acres

Priced at $7.00/sf

Will build to suit

Landon Huffer, Executive Broker 5501 Plaza Drive • Texarkana, Texas 75503

(903) 794-3606 - Phone • (903) 793-1309 - Fax

Email: [email protected]

For Sale McKnight Crossing Lots

I. AERIAL PHOTOGRAPH

II. PROPERTY INFORMATION

III. CITY AND AREA INFORMATION

IV. LOCATION MAPS, SURVEY AND PROPERTY EXHIBITS

V. DEMOGRAPHICS

VI. DISCLAIMER AGENCY DISCLOSURE

VII. BROKERAGE SERVICES

TABLE OF CONTENTS

3.31 Total Acres McKnight Crossing Lots

Texarkana, Texas

AERIALS

Lot 2, McKnight Crossing

Texarkana, Texas

AERIALS


Texarkana, Texas

PROPERTY INFORMATION

McKnight Crossing Lots

Texarkana, Texas

LOCATION: 3.31 Acres of office zoned land located just off Richmond Rd. in the McKnight

Crossing subdivision.

TRAFFIC: According to the Texarkana Metropolitan Planning Organization (MPO) traffic counts

are 6,257 cars per day (2012) study.

ZONING: Currently zoned O- Office.

MAJOR AREA

BUSINESSES: Red River Army Depot, Cooper Tire, International Paper, Domtar, Cooper Tire, Christus

St. Michael, Wadley Hospital.

TRAFFIC

GENERATORS: This is located right in the heart of Texarkana. This location will generate traffic from any

number of retail locations from restaurants, car dealerships, shopping department stores,

entertainment businesses, office supply companies, clothing retail, specialty retail, and

more. Also, schools will generate traffic and residents going to and from work and/or

retail outlets.

CITY AND AREA INFORMATION TEXARKANA,

USA: Texarkana, TX - Texarkana, AR MSA is a two-county region anchored by the

twin cities of Texarkana, Texas and Texarkana, Arkansas, and encompassing the

surrounding communities in Bowie County, Texas and Miller County, Arkansas.

As of the 2010 census, the MSA had a population of 136,027.

Texarkana is a major transportation hub being centrally located between Dallas -

Ft. Worth (175 miles west) and Little Rock, AR (150 miles east) on I-30.

Shreveport - Bossier City, LA is located 75 miles south by partially completed

I-49/Hwy 71. Eventually I-49 will connect New Orleans, LA to Kansas City,

MO going right through Texarkana. The projected I-69 corridor would connect

Laredo, TX to Houston, TX and eventually to the Canadian border via

Indianapolis and shows Texarkana as either part of the primary route or as a spur.

Other major transportation routes going through Texarkana included US 59, US

67, US 71, US 82 and Texas State Hwy Loop 151 and Arkansas Loop 245.

Multiple transportation projects have been completed to expand Texarkana’s

capabilities to handle the ever growing amount of traffic and to relieve strain on

the I-30 exits and frontage roads. The frontage roads on both the north and south

sides of I-30 were converted from two-way to one-way west on the north side of I

-30 and one-way east on the south side from the Nash, TX exit on the west side of

Texarkana, TX to the Jefferson St., exit in Texarkana, AR. This has relieved

much of the congestion that has plagued the frontage roads and various

I-30 overpasses.

In the past few years, Texarkana has had a great deal of commercial activity

particularly with new hotel brands, numerous restaurants and retail activity. In

recent years new restaurants include On The Border, Olive Garden, Cracker

Barrel, Johnny Carino’s, Outback Steakhouse, Texas Roadhouse, Applebee’s,

Longhorn Steakhouse, Red Lobster, McAlister’s, Copeland’s, Buffalo Wild

Wings, Genghis Grill and Ruby Tuesday’s. Hotels that have recently located in

Texarkana include Fairfield Inn & Suites by Marriott, Hampton Inn and Suites,

Holiday Inn Express, Candlewood Suites, TownePlace Suites by Marriott,

Comfort Suites, Country Inn & Suites and Courtyard by Marriott. The 20,000

square foot Texarkana Convention Center, with a 12,000 square foot ballroom

was completed in October, 2012. The 25,000 square foot Arkansas Convention

Center Texarkana, completed in August 2013, is located in central Texarkana,

right off I-30 and has a 10,000 square foot ballroom. Adjacent to the Arkansas

Convention Center is Holiday Springs Water Park. According to Forbes,

Texarkana is predicted to increase 28.57% in GMP in 2012 making Texarkana

the second fastest growing small metro area in the country. Texarkana is a

regional hub for cities in Southwest Arkansas, Northeast Texas, Northwest

Louisiana and Southeast Oklahoma.

The new Texas A&M University at Texarkana (TAMU) located at Bringle Lake northwest of the

subject property will provide further growth opportunities for the Texarkana area. The 375 acre

campus’ first phase, a 42,000 sq. ft. Science & Technology Building was completed in 2008 and the

new four story 183,000 sq. ft. University Center was completed in July, 2010.

In 2011, TAMU-T completed a 294 bed, 86,000 sq. ft. on-campus living facility, Bringle Lake Village.

The residence hall will enhance campus life at A&M - Texarkana and expand the university’s outreach

across the four state region. Also currently under construction is and 8 acre lake with an amphitheater

that extends over the lake.

TAMU-T Science and Technology Building and University Center

CITY AND AREA INFORMATION

The new Arkansas Convention Center was completed in August 2013. Arkansas Convention Center

offers luxurious accommodations, along with flexible meeting and gathering rooms to meet your

every need. Whether your event includes ten people or hundreds of people, Arkansas Convention

Center will be the premier location to make the event memorable. Arkansas Convention Center is

located in central Texarkana, right off I-30. It is easily accessible to dining, lodging and shopping in

the Texarkana area.

Lake Wright Patman: The U.S. Army Corps of Engineers maintains nine parks around Wright Patman Lake. These parks

provide lake access for boating, swimming and fishing as well as camping, picnicking, hiking,

equestrian trails and other outdoor activities. Atlanta State Park is also located on the south shore of the

lake. Surface area is 20,300 acres.

Lake Millwood: Lake Millwood is mainly recognized for its beauty and fishing. There are 15 recreational parks around

the lake to provide campers with picnic areas, boat ramps, swimming areas, showers and restrooms.

Millwood is a superb place to fish, mainly due to its 35,000 acres (14,000 ha) of submerged timber that

make excellent homes for the many varieties of fish in the lake. Millwood has also been know as one

of the best bass fishing lakes in the United States. Every year it is home of many bass fishing

tournaments and fishing derbies, all in search of Millwood’s lunker largemouth bass.


AREA LAKES AND RECREATION

Golf Ranch: The Texarkana Golf Ranch in Texarkana, Texas sits on the banks of the 600 acre Bringle Lake across

from Texas A&M University - Texarkana. Known as one of the premier championship golf courses in

the United States, Texarkana Golf Ranch layout has extraordinary 50” elevation changes and

breathtaking vistas. Host of many corporate and special events, including AJGA and Tightlies

Tournaments, Texarkana Golf Ranch is a golf course that will challenge the best of all touring

professionals while still providing fun.

Texarkana Country Club: Texarkana Country Club began in 1914 with a nine-hole golf course with sand greens. The

membership chose the prestigious architectural firm of Langford and Moreau from Chicago to design

the current golf course in 1922. Mr. Langford is best know for his style of deep bunkers and sloping

greens. After a renovation in the spring of 2000, the challenging layout now measures 6,935 yards

from the championship tees but has definitely retained the flavor of its original design. Maintained in

“tournament condition” throughout the year, TCC has hosted numerous state amateur events. Other

events include the prestigious Mid-South Cup Matches, the National Youth Classic and six Ben Hogan/

Nike Tour events for the PGA tour. Our cherished history includes golfing legend Byron Nelson who

served as Club Pro in 1934 prior to his outstanding career on the PGA Tour. Mr. Nelson would always

practice on the TCC track prior to the Masters tournament referring to it as “Little Augusta” due to the

many similarities between the courses.



North Ridge Country Club:

Nestled on 160 secluded acres of gentle rolling hills and surrounded by statuesque pines and

hardwoods, Northridge Country Club’s recently renovated 6,525 yard par 71 golf course proves to be

challenging for all levels of golfers. Dramatic elevation changes, dogleg fairways and several lakes

and creeks coming in to play combine to make the course demand accurate shots off the tee.




Number of

Companies Employees Primary Business/Local Function

Albertson's 265 Supermarket

Burger King 140 Restaurants

BWI 132 Wholesale Distribution

Candle Shop of America 160 Canned Heat - Sterno Brand

Capital One 90 Banking/Financial Services

Christus St. Michael 1700 General Medical Hospital

Colom& Carney Clinic 498 General Medical Services

Cooper Tire& Rubber 1860 Manufacturer of Passenger Tires

Day and Zimmermann 373 Small Arms Ammunition

Dillard's 240 Department Stores

Domtar 1250 Fine Finished Papers

E-Z Mart Stores 350 Convinience Stores

G.E. Railcar 145 Railroad Tank Car Repair

Genoa Central School District 135 Primary & Secondary Education

HUMCO Holding Group 150 Manufacturers/Processors

International Paper Company 942 Folding Carton, Cup Stock, and Bleached Paper

JCM 123 Manufacturer of Pipeline Fittings

JC Penny 165 Department Stores

Ledwell & Sons Enterprises 207 Manufacturer of Truck Bodies

Liberty Eylau Ind. School District 45 Primary & Secondary Education

Lowe's 150 Retail Stores

Martin-Marietta Materials 115 Asphalt

Mayo Manufacturing 161 Upholstered Furniture

McDonald's 325 Restaurants

Pleasant Grove Ind. School District 242 Primary and Secondary Education

Red River Army Depot & Tenants 2700 Manufacturer/Processors

Regions Bank 125 Banking/ Financial Services

Sears Roebuck 130 Department Stores

Smith-Blair 263 Large Valves and Couplings

MedSelect 325 Primary Medical Services

Texarkana College 240 Post-Secondary Education

Texarkana Newspaper 128 Newspapers

Texarkana, AR School District 1100 Primary & Secondary Education

Texarkana, Arkansas- City 215 General Government

Texarkana, Texas- City 615 General Government

Texarkana, TX Ind. School District 968 Primary & Secondary Education

Truman Arnold Companies 422 Petroleum Marketing

Wadley Regional Medical 1450 General Medical Hospital

Wal-mart/Sam's Club 1036 Discount Stores

Walsh Health Care Solutions 117 Pharmaceutical Wholesaler

TRAFFIC COUNT MAP

REGIONAL MAP

Texarkana is the hub of Northeast Texas, Southwest Arkansas, Northwest Louisiana, and Southeast Oklahoma.

Texarkana lies on Interstate 30 halfway between Dallas and Little Rock, on Interstate 49 corridor halfway

between new Orleans and Kansas City, and on Interstate 69 corridor about a third of the way between

Brownsville, Texas and Canada. Both Interstates 49 and 69 are designated NAFTA highways.

Demographic and Income ProfileLat: 33.464644, Lon: -94.095212 Prepared by Alan SchimmingRing: 1 mile radius Latitude: 33.464644109

Longitude: -94.09521218

Summary Census 2010 2013 2018Population 3,998 4,002 4,169Households 1,741 1,767 1,860Families 1,102 1,108 1,159Average Household Size 2.26 2.23 2.21Owner Occupied Housing Units 973 955 1,001Renter Occupied Housing Units 768 812 859Median Age 39.2 39.7 40.2

Trends: 2013 - 2018 Annual Rate Area State NationalPopulation 0.82% 1.48% 0.71%Households 1.03% 1.50% 0.74%Families 0.90% 1.43% 0.63%Owner HHs 0.95% 1.84% 0.94%Median Household Income 6.06% 4.00% 3.03%

2013 2018 Households by Income Number Percent Number Percent

<$15,000 213 12.1% 193 10.4%$15,000 - $24,999 139 7.9% 103 5.5%$25,000 - $34,999 127 7.2% 90 4.8%$35,000 - $49,999 314 17.8% 249 13.4%$50,000 - $74,999 311 17.6% 300 16.1%$75,000 - $99,999 268 15.2% 416 22.4%$100,000 - $149,999 274 15.5% 352 18.9%$150,000 - $199,999 63 3.6% 85 4.6%$200,000+ 59 3.3% 72 3.9%

Median Household Income $55,448 $74,419Average Household Income $73,774 $86,617Per Capita Income $31,307 $36,874

Census 2010 2013 2018 Population by Age Number Percent Number Percent Number Percent

0 - 4 213 5.3% 210 5.2% 226 5.4%5 - 9 246 6.2% 224 5.6% 217 5.2%10 - 14 274 6.9% 250 6.2% 228 5.5%15 - 19 288 7.2% 270 6.7% 249 6.0%20 - 24 255 6.4% 294 7.3% 305 7.3%25 - 34 512 12.8% 535 13.4% 594 14.3%35 - 44 493 12.3% 479 12.0% 480 11.5%45 - 54 540 13.5% 530 13.2% 509 12.2%55 - 64 434 10.9% 458 11.4% 516 12.4%

65 - 74 312 7.8% 339 8.5% 407 9.8%75 - 84 249 6.2% 234 5.8% 257 6.2%

85+ 179 4.5% 179 4.5% 178 4.3%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 3,157 79.0% 3,113 77.8% 3,163 75.9%Black Alone 550 13.8% 554 13.8% 571 13.7%American Indian Alone 21 0.5% 24 0.6% 28 0.7%Asian Alone 102 2.6% 126 3.1% 176 4.2%Pacific Islander Alone 1 0.0% 1 0.0% 1 0.0%Some Other Race Alone 86 2.2% 96 2.4% 123 3.0%Two or More Races 81 2.0% 89 2.2% 107 2.6%

Hispanic Origin (Any Race) 205 5.1% 228 5.7% 274 6.6%Data Note: Income is expressed in current dollars.

March 27, 2014

©2014 Esri Page 1 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.


Longitude: -94.09521218

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

6

5.5

5

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Per

cent

1413

1211

1098

765

432

10

2013 Household Income

<$15K12.0%

$15K - $24K7.9%

$25K - $34K7.2%

$35K - $49K17.8%

$50K - $74K17.6%

$75K - $99K15.2%

$100K - $149K15.5%

$150K - $199K3.6%

$200K+3.3%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

75

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

2013 Percent Hispanic Origin: 5.7%

March 27, 2014




Longitude: -94.09521218

Summary Census 2010 2013 2018Population 34,189 35,178 36,296Households 13,847 14,257 14,716Families 8,951 9,190 9,446Average Household Size 2.43 2.43 2.43Owner Occupied Housing Units 7,672 7,808 8,193Renter Occupied Housing Units 6,175 6,449 6,523Median Age 36.6 37.2 38.1



<$15,000 2,616 18.3% 2,561 17.4%$15,000 - $24,999 1,621 11.4% 1,311 8.9%$25,000 - $34,999 1,514 10.6% 1,162 7.9%$35,000 - $49,999 2,123 14.9% 1,691 11.5%$50,000 - $74,999 2,363 16.6% 2,381 16.2%$75,000 - $99,999 1,451 10.2% 2,215 15.1%$100,000 - $149,999 1,571 11.0% 2,114 14.4%$150,000 - $199,999 514 3.6% 718 4.9%$200,000+ 483 3.4% 564 3.8%



0 - 4 2,410 7.0% 2,432 6.9% 2,524 7.0%5 - 9 2,513 7.4% 2,456 7.0% 2,403 6.6%10 - 14 2,468 7.2% 2,488 7.1% 2,428 6.7%15 - 19 2,435 7.1% 2,341 6.7% 2,331 6.4%20 - 24 2,183 6.4% 2,378 6.8% 2,274 6.3%25 - 34 4,408 12.9% 4,553 12.9% 4,824 13.3%35 - 44 4,208 12.3% 4,304 12.2% 4,321 11.9%45 - 54 4,560 13.3% 4,548 12.9% 4,470 12.3%55 - 64 3,877 11.3% 4,221 12.0% 4,533 12.5%

65 - 74 2,382 7.0% 2,727 7.8% 3,324 9.2%75 - 84 1,794 5.2% 1,708 4.9% 1,819 5.0%

85+ 951 2.8% 1,022 2.9% 1,045 2.9%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 21,273 62.2% 21,520 61.2% 21,498 59.2%Black Alone 10,281 30.1% 10,621 30.2% 10,961 30.2%American Indian Alone 199 0.6% 225 0.6% 263 0.7%Asian Alone 477 1.4% 593 1.7% 811 2.2%Pacific Islander Alone 15 0.0% 16 0.0% 17 0.0%Some Other Race Alone 1,167 3.4% 1,322 3.8% 1,665 4.6%Two or More Races 778 2.3% 882 2.5% 1,082 3.0%

Hispanic Origin (Any Race) 2,197 6.4% 2,488 7.1% 2,999 8.3%Data Note: Income is expressed in current dollars.

March 27, 2014




Longitude: -94.09521218

AreaStateUSA

Trends 2013-2018


Annual

Rat

e (i

n p

erce

nt)

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Per

cent

13

12

11

10

9

8

7

6

5

4

3

2

1

0


<$15K18.4%

$15K - $24K11.4%

$25K - $34K10.6%

$35K - $49K14.9%

$50K - $74K16.6%

$75K - $99K10.2%

$100K - $149K11.0%

$150K - $199K3.6%

$200K+3.4%



Perc

ent

60

55

50

45

40

35

30

25

20

15

10

5

0


March 27, 2014




Longitude: -94.09521218

Summary Census 2010 2013 2018Population 67,755 68,477 69,545Households 27,204 27,535 28,012Families 17,453 17,600 17,799Average Household Size 2.39 2.39 2.39Owner Occupied Housing Units 15,190 15,058 15,500Renter Occupied Housing Units 12,014 12,477 12,512Median Age 36.3 36.8 37.6



<$15,000 5,408 19.6% 5,231 18.7%$15,000 - $24,999 3,404 12.4% 2,660 9.5%$25,000 - $34,999 3,061 11.1% 2,370 8.5%$35,000 - $49,999 4,301 15.6% 3,651 13.0%$50,000 - $74,999 4,822 17.5% 5,110 18.2%$75,000 - $99,999 2,413 8.8% 3,619 12.9%$100,000 - $149,999 2,640 9.6% 3,460 12.4%$150,000 - $199,999 822 3.0% 1,135 4.1%$200,000+ 665 2.4% 775 2.8%



0 - 4 4,810 7.1% 4,741 6.9% 4,804 6.9%5 - 9 4,699 6.9% 4,611 6.7% 4,466 6.4%10 - 14 4,593 6.8% 4,568 6.7% 4,471 6.4%15 - 19 4,728 7.0% 4,485 6.5% 4,407 6.3%20 - 24 4,564 6.7% 4,835 7.1% 4,591 6.6%25 - 34 9,378 13.8% 9,463 13.8% 9,699 13.9%35 - 44 8,588 12.7% 8,610 12.6% 8,528 12.3%45 - 54 9,146 13.5% 8,918 13.0% 8,610 12.4%55 - 64 7,770 11.5% 8,265 12.1% 8,564 12.3%

65 - 74 4,735 7.0% 5,280 7.7% 6,345 9.1%75 - 84 3,177 4.7% 3,059 4.5% 3,370 4.8%

85+ 1,567 2.3% 1,643 2.4% 1,687 2.4%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 41,001 60.5% 40,908 59.7% 40,444 58.2%Black Alone 22,173 32.7% 22,315 32.6% 22,527 32.4%American Indian Alone 413 0.6% 456 0.7% 526 0.8%Asian Alone 702 1.0% 865 1.3% 1,163 1.7%Pacific Islander Alone 37 0.1% 45 0.1% 60 0.1%Some Other Race Alone 1,954 2.9% 2,194 3.2% 2,731 3.9%Two or More Races 1,476 2.2% 1,695 2.5% 2,092 3.0%

Hispanic Origin (Any Race) 3,829 5.7% 4,288 6.3% 5,112 7.4%Data Note: Income is expressed in current dollars.

March 27, 2014




Longitude: -94.09521218

AreaStateUSA

Trends 2013-2018


Annual

Rat

e (i

n p

erce

nt)

4

3.5

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Per

cent

13

12

11

10

9

87

6

5

4

3

2

1

0


<$15K19.6%

$15K - $24K12.4%

$25K - $34K11.1%

$35K - $49K15.6%

$50K - $74K17.5%

$75K - $99K8.8%

$100K - $149K9.6%

$150K - $199K3.0%

$200K+2.4%



Perc

ent

55

50

45

40

35

30

25

20

15

10

5

0


March 27, 2014



Executive SummaryLat: 33.464644, Lon: -94.095212 Prepared by Alan SchimmingRings: 1, 3, 5 mile radii Latitude: 33.464644109

Longitude: -94.09521218

1 mile 3 miles 5 milesPopulation

2000 Population 3,630 31,472 63,684

2010 Population 3,998 34,189 67,755

2013 Population 4,002 35,178 68,477

2018 Population 4,169 36,296 69,545

2000-2010 Annual Rate 0.97% 0.83% 0.62%

2010-2013 Annual Rate 0.03% 0.88% 0.33%

2013-2018 Annual Rate 0.82% 0.63% 0.31%2013 Male Population 46.2% 47.0% 48.1%2013 Female Population 53.8% 53.0% 51.9%2013 Median Age 39.7 37.2 36.8

In the identified area, the current year population is 68,477. In 2010, the Census count in the area was 67,755. The rate of change since2010 was 0.33% annually. The five-year projection for the population in the area is 69,545 representing a change of 0.31% annually from2013 to 2018. Currently, the population is 48.1% male and 51.9% female.

Median Age

The median age in this area is 36.8, compared to U.S. median age of 37.3.

Race and Ethnicity2013 White Alone 77.8% 61.2% 59.7%

2013 Black Alone 13.8% 30.2% 32.6%2013 American Indian/Alaska Native Alone 0.6% 0.6% 0.7%2013 Asian Alone 3.1% 1.7% 1.3%2013 Pacific Islander Alone 0.0% 0.0% 0.1%2013 Other Race 2.4% 3.8% 3.2%2013 Two or More Races 2.2% 2.5% 2.5%2013 Hispanic Origin (Any Race) 5.7% 7.1% 6.3%

Persons of Hispanic origin represent 6.3% of the population in the identified area compared to 17.4% of the U.S. population. Persons ofHispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be fromdifferent race/ethnic groups, is 59.1 in the identified area, compared to 62.1 for the U.S. as a whole.

Households

2000 Households 1,465 12,620 25,1002010 Households 1,741 13,847 27,2042013 Total Households 1,767 14,257 27,5352018 Total Households 1,860 14,716 28,0122000-2010 Annual Rate 1.74% 0.93% 0.81%2010-2013 Annual Rate 0.46% 0.90% 0.37%2013-2018 Annual Rate 1.04% 0.64% 0.34%2013 Average Household Size 2.23 2.43 2.39

The household count in this area has changed from 27,204 in 2010 to 27,535 in the current year, a change of 0.37% annually. The five-yearprojection of households is 28,012, a change of 0.34% annually from the current year total. Average household size is currently 2.39,compared to 2.39 in the year 2010. The number of families in the current year is 17,600 in the specified area.

March 27, 2014


Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.

Executive SummaryLat: 33.464644, Lon: -94.095212 Prepared by Alan SchimmingRings: 1, 3, 5 mile radii Latitude: 33.464644109

Longitude: -94.09521218

1 mile 3 miles 5 milesMedian Household Income

2013 Median Household Income $55,448 $43,585 $40,3922018 Median Household Income $74,419 $54,965 $50,3012013-2018 Annual Rate 6.06% 4.75% 4.49%

Average Household Income

2013 Average Household Income $73,774 $64,449 $58,2162018 Average Household Income $86,617 $76,285 $68,3792013-2018 Annual Rate 3.26% 3.43% 3.27%

Per Capita Income

2013 Per Capita Income $31,307 $26,518 $24,1032018 Per Capita Income $36,874 $31,331 $28,2092013-2018 Annual Rate 3.33% 3.39% 3.20%

Households by Income

Current median household income is $40,392 in the area, compared to $51,314 for all U.S. households. Median household income isprojected to be $50,301 in five years, compared to $59,580 for all U.S. households

Current average household income is $58,216 in this area, compared to $71,842 for all U.S households. Average household income isprojected to be $68,379 in five years, compared to $83,667 for all U.S. households

Current per capita income is $24,103 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected tobe $28,209 in five years, compared to $32,073 for all U.S. households Housing

2000 Total Housing Units 1,527 13,796 27,9652000 Owner Occupied Housing Units 1,013 7,858 15,6902000 Owner Occupied Housing Units 453 4,762 9,4102000 Vacant Housing Units 61 1,176 2,865

2010 Total Housing Units 1,841 15,262 30,0892010 Owner Occupied Housing Units 973 7,672 15,1902010 Renter Occupied Housing Units 768 6,175 12,0142010 Vacant Housing Units 100 1,415 2,885

2013 Total Housing Units 1,939 15,900 30,9212013 Owner Occupied Housing Units 955 7,808 15,0582013 Renter Occupied Housing Units 812 6,449 12,4772013 Vacant Housing Units 172 1,643 3,386

2018 Total Housing Units 2,015 16,387 31,7292018 Owner Occupied Housing Units 1,001 8,193 15,5002018 Renter Occupied Housing Units 859 6,523 12,5122018 Vacant Housing Units 155 1,671 3,717

Currently, 48.7% of the 30,921 housing units in the area are owner occupied; 40.4%, renter occupied; and 11.0% are vacant. Currently, inthe U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, therewere 30,089 housing units in the area - 50.5% owner occupied, 39.9% renter occupied, and 9.6% vacant. The annual rate of change inhousing units since 2010 is 1.22%. Median home value in the area is $143,042, compared to a median home value of $177,257 for the U.S.In five years, median value is projected to change by 6.33% annually to $194,461.

March 27, 2014


Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.

for sale - loopnet · 2016-03-30 · shreveport - bossier city, la is located 75 miles south by...

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