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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN …images4.loopnet.com/d2/QXVhVCCyZW...congesIon and...

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STONE CREEK 219 Acre development site in Glenn Heights, Tx (residential + commercial) Close to Interstate I-35 Zoned PD (planned development) : Residential, Commercial+Office FOR SALE NRT FOR MORE DETAILS CONTACT: Laurent FERAL [email protected] c: 817-888-0569 Greg CAGLE [email protected] c: 817-373-0835 Zulikha HUSSAIN z[email protected] c: 913-461-9697 Coldwell Banker Commercial NRT 5221 N O’CONNOR Blvd, Suite 180 Irving, 75039 TEXAS , USA CBCWorldwide.com SITE DETAILS : 181 acres : Single family ( total : 524 units) 21 acres : Light Office + Loop 9 17 acres : Commercial/retail (frontage on S Hampton Rd) Phase 1 : Single Family Residences (160 homes already built and occupied). Phase 2 : 155 lots currently under construction. Water, Sewer, Electricity and Gas available to site Hardwood tree buffers on three sides of site. PRICE: $21,000 per acre (residential) $2.09 per sqft ( commercial retail ). PROPERTY : 219 acre development tract. LOCATION: Stone Creek Blvd in Glenn Heights, TX, East of I35. NW quadrant of Ovilla Rd and S. Hampton Rd South of Downtown Dallas (19 miles) Easy access to Interstate Hwy I-35 (3.5 miles) RED OAK ISD School district . Walking distance to Shields Elementary school. Dart Bus Station Park/Ride: 3 miles “Dart on Call” bus service Available ZONING: approved PD : Planned Development : SFR residential, office, commercial 219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX ©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. Site
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STONE CREEK 219 Acre development site in Glenn Heights, Tx (residential + commercial) Close to Interstate I-35 Zoned PD (planned development) : Residential, Commercial+Office

FOR SALE

NRT

FOR MORE DETAILS CONTACT: Laurent FERAL [email protected] c: 817-888-0569Greg CAGLE [email protected] c: 817-373-0835Zulikha HUSSAIN [email protected] c: 913-461-9697

Coldwell Banker Commercial NRT 5221 N O’CONNOR Blvd, Suite 180 Irving, 75039 TEXAS , USA

CBCWorldwide.com

PROPERTY OVERVIEW

SITE DETAILS : •  181 acres : Single family ( total : 524 units) •  21 acres : Light Office + Loop 9 •  17 acres : Commercial/retail (frontage on S Hampton

Rd) •  Phase 1 : Single Family Residences (160 homes

already built and occupied). •  Phase 2 : 155 lots currently under construction. •  Water, Sewer, Electricity and Gas available to site •  Hardwood tree buffers on three sides of site. PRICE: $21,000 per acre (residential)

$2.09 per sqft ( commercial retail ).

PROPERTY : 219 acre development tract. LOCATION: Stone Creek Blvd in Glenn Heights, TX, East of I35. NW quadrant of Ovilla Rd and S. Hampton Rd •  South of Downtown Dallas (19 miles) •  Easy access to Interstate Hwy I-35 (3.5 miles)

•  RED OAK ISD School district . Walking distance to Shields Elementary school.

•  Dart Bus Station Park/Ride: 3 miles •  “Dart on Call” bus service – Available ZONING: approved PD : Planned Development : SFR residential, office, commercial

219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

©2015ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.AllRightsReserved.ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliatesfullysupportstheprinciplesoftheEqualOpportunityAct.EachOfficeisIndependentlyOwnedandOperated.ColdwellBankerCommercialandtheColdwellBankerCommercialLogoareregisteredservicemarksownedbyColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.

Site

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DemographicsforGlennHeights,Texas

“ Stone Creek”

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

Coldwell Banker Commercial NRT 5221 N O’CONNOR Blvd, Suite 180 Irving, 75039 TEXAS , USA

©2015ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.AllRightsReserved.ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliatesfullysupportstheprinciplesoftheEqualOpportunityAct.EachOfficeisIndependentlyOwnedandOperated.ColdwellBankerCommercialandtheColdwellBankerCommercialLogoareregisteredservicemarksownedbyColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.

CBCWorldwide.com

FOR SALE

ResidenIalSite

OvillaCreekEstates

LGIHomesexisIngplanneddevelopment

Oneblocknorth

WaterLinesAndSewerlinesavailable.

FutureLoop9

AshtonWoodsStarlighthomesbuildingsiteunderconstrucIon(phase2)

Income 1-mi. 3-mi. 5-mi.PerCapitaIncome(basedonTotalPopulaIon) $20,385 $26,928 $27,532Average(Mean)HouseholdIncome $68,066 $82,219 $79,836MedianHouseholdIncome $58,281 $64,897 $63,630AggregateIncome $90,175,713 $1,283,787,122 $3,496,389,814

2015/2016DemographicsprovidedbyExperianthroughAlteryx

Popula@on 1-mi. 3-mi. 5-mi.

TotalPopulaIon 4,269 47,218 125,278

Accessroads

Commercialtracts

VillagesofCharleston(newdevelopment)

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3CBCWorldwide.com

©2015ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.AllRightsReserved.ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliatesfullysupportstheprinciplesoftheEqualOpportunityAct.EachOfficeisIndependentlyOwnedandOperated.ColdwellBankerCommercialandtheColdwellBankerCommercialLogoareregisteredservicemarksownedbyColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.

AerialpictureStoneCreek

219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

ResidenIal:181AcresPDZoned

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

Detailedlayout

StoneCreek

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreekResiden@altracts:181acres PRICING: $21,000/Acre

$0.48/sqN•  Numberoflots:524,(from6,600to12,000sqa)

•  213lotsof6,600sqaminimum•  215lotsof7,500sqaminimum•  62lotsof10,500sqaminimum•  34lotsof12,000sqaminimum•  Premiumlotsbackingoncreeks.

•  FullyApprovedPlannedDevelopment(CityofGlennHeightsOrdinance).•  Subdivisionpossible(minimum50acres)•  RedOakISD.WalkingdistancefromShieldsElementaryschool.•  NaturalameniIes:largehardwoodtreeswithcreekson3sidesoftheproperty•  Hikeandbiketrailsplannedalongtheperimeter,&passivepark.•  Rightoffirstrefusalon37acres,fromPhase2builder(AshtonWoods-Starlight)

Commercialtracts:17.13acres PRICING: $91,000/Acre $2.09/sqN

•  TractAandTractB,atentranceofcommunity.AeracIveentryway.•  FrontageonS.HamptonRd,andeasyaccesstofutureLoop9•  ZONED:Neighborhoodcommercial•  WithinhalfamileofGlennHeightsCityHall.

Lightoffice/loop9:21acres PRICING: $21,000/Acre

$0.48/sqN•  NorthofresidenIallots.•  Lightoffice:approximately10acres,dependingonexactlocaIonofLoop9

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

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StoneCreek

Future Loop 9 coming to Glenn Heights

TheneedfortheLoop9SoutheastprojectistoaddresspopulaIongrowth,transportaIondemand,systemlinkages,andconnecIvityamongtheexisIngroadwayfaciliIes.Loop9SoutheastwouldprovideadirectlinkfromUS67toI-20andwouldservetheresidentsinthearea.Theneedfortheseimprovementsisbasedon:WithinthecommuniIesinthestudyarea,thepopulaIonisforecastedtoincreasenearly45percent(%)andemploymentnearly43%from2000to2035.TheexisIngtransportaIoninfrastructureservingthesecommuniIesisinsufficienttoeffecIvelymeettheaccessandmobilityneedsassociatedwiththisgrowth.ThecurrenttransportaIoninfrastructuredoesnotadequatelyprovideconnecIvitybetweenthecommuniIesinthestudyareathereby,inhibiIngemergencyresponse,accesstoservices,employers,majorfreightandtruckingyards,transitservices,andothercommunityfaciliIes.•Withinthestudyarea,theexisIngroadwaysystemprovidessufficientnorth-southradialaccessbutlacksconInuouseast-westtransportaIonfaciliIestoservethesegrowingcommuniIes.Loop9Southeastisanelementoftheregionallong-rangetransportaIonplanthatwouldaidinaddressingthetransportaIonneedsidenIfiedintheregion.ThedraapurposeoftheLoop9Southeastfacilitywouldbeto:(1)Provideaneast-westtransportaIonfacilitytoservethecommuniIesinthearea.(2)ReducelocalareacongesIonandtravelIme.(3)Providesupportforeconomicdevelopmentwithintheregion.

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

Glenn Heights – Embracing Growth

TheCityofGlennHeightsisagrowingbedroomcommunityofapproximately11,300residentslocatedinboth Dallas and Ellis County. Recently awarded the Governor’s Community Achievement Award forKeepGlennHeightsBeauIful,GlennHeightsisposiIonedalongthebusytransportaIoncorridorofIH-35E.The Glenn Heights community provides a serene selng away from the pressures of a more urbanenvironment,Glenn Heights is located less than 20miles from downtown Dallas, and 30miles from the Dallas/FortWorth (DFW) InternaIonal Airport. Accessibility, locaIon, and an excellent quality of life make GlennHeightsadesirableplacetoliveanddobusiness.The City of Glenn Heights is commieed to the promoIon, retenIon and recruitment of high qualitydevelopment within the City of Glenn Heights and to beeer the quality of life for its ciIzens. TheseobjecIvescanoaenbeaeainedbytheenhancementandexpansionofthelocaleconomy.TomeettheseobjecIves, the City of Glenn Heights will, on a case-by-case basis, consider providing economicdevelopmentincenIvestoaidinthesImulaIonofeconomicdevelopmentinGlennHeights.

City of Glenn Heights Economic Development Department

Mission Statement: “To encourage and promote desirable

commercial and retail development in a manner that supports and enhances the community character and quality of life.”

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

About Glenn Heights, TX

CommunityProfileGlennHeightsisapleasantresidenIalcommunitythatenjoysalowcostoflivingandisjustminutesfromDallas.TheCityisidealforthosewhowantthe quiet lifewith the convenience of having access to the ameniIes ofnearbymetropolitanareas.GeneralCityInforma@onGlenn Heights is a Home Rule City with a "Council-Manager" form ofgovernment.Publicsafetyisaseriousconcernforthecity.GlennHeightsisproudofitsfull-Ime,professionalPoliceDepartment.TheDepartmentstaffincludesachief,detecIves, local911operaIons/dispatch,andseveral full-Imeandreserveofficers. The crime rate is lowand the city leaders supportedbythePoliceDepartmentarecommieedtomaintainingthatstandard.Themissionof theGlennHeightsFireDepartment is topreserve lifeandpromotehealth and safety throughexcellent pre-hospital treatment andtransportaIon, fire prevenIon, fire suppression and rescue acIviIes.These services are provided by a well-trained, professional departmentwho maintain full-Ime operaIons 24/7/365. Volunteer firefighters arealsoavailabletosupporttheDepartment.Toensurearobustresponseforall-hazards, the Fire Department and the departments form neighboringjurisdicIonsmaintainmutualaidagreements.Water provided through themunicipal system is generally comprised ofsurfacewaterfromDallasbutissupplementedbytreatedlocalwellwaterwhennecessary. Wastewater is carried to theRegionalRedOakCreekSewage Treatment Plant operated by the Trinity River Authority. Thisfacility allows a balanced growth in home and business construcIonwithout the risk of damaging the environment through excessive sepIcsystemuse.Infact,duringtheconstrucIonofthefacility,majortrunklineswere built in the region so that "Environmentally Friendly" developersthroughouttheSouthernWatershedcouldhaveaffordableaccess.

RegionalAdvantagesGlennHeightsistheonlysouthernsuburbofDallasalongtheI-35ECorridorthatparIcipatesinDallasAreaRapidTransit(DART).DARToperatesa"ParkandRide"facilityjustoffofI35EonBearCreekandoperatesearlymorningandlateeveningroutesinthenorthernporIonofthecity.Thisservice,parIallyfundedbysalestax,enablesGlennHeightsresidentswiththeopportunityenjoytheadvantagesofregionaltransportaIon.

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

Glenn Heights – Embracing Growth

SchoolsThenorthern,DallasCountyporIonof theCityofGlennHeights lies in theDeSoto IndependentSchoolDistrict.MoatesElementarySchoolandCurIsteneS.McCowanMiddleSchool serve families inGlennHeightsaswellasthoseinpartsofSouthernDeSotoandLancaster.Thejuniorhighandhighschoolarewithinminutesofthecityandbusserviceisprovided.DeSotoISDisa6Aschooldistrictwithalltheadvantagesofbeingoneofthelargestschooldistrictsinthestate.The southern, Ellis County porIon of the city lies in the RedOak School District. Donald T. Shields ElementarySchoolandRussellP.SchupmannElementarySchoolarelocatedinGlennHeightsandservethecityaswellastheciIesofOvilla,OakLeaf,RedOakandtheunincorporatedareasofNorthernEllisCounty.Themiddleschool,juniorhigh,andhighschoolarealllocatedinRedOak.AswithDeSoto,busserviceisprovided.RedOakISDisa5Aschoolwiththeadvantagesofbeingamid-sizedschooldistrictinamoreruralenvironment.Several private and charter school alternaIves are available in and around the city includingTheCanterburySchool.Childcareprovidersarealsoabundant.ChurchesFiveorganizedchurchesarelocatedinGlennHeights.SinceGlennHeightsispartofthemetroplex,congregaIonsofeveryfaithareonlyminutesaway.TheDARTBusSystemDallasAreaRapidTransit(DART)transportsitscustomersthroughouttheMetroplex-Dallasand12suburbanciIes-withawiderangeofpublictransitservicesandcustomerfaciliIestailoredtomaketravelfast,comfortable,andeconomical.InaddiIontonewlightrailandcommuterrailservices,amodernfleetofnearly1,000busesandvanscreateanetworkacrossa700-square-mileservicearea. Theservicemovesapproximately200,000passengerstowork, school, shopping and entertainment desInaIons every day. DART provides lia-equipped van service formobility-impaired customers, plus special rideshare and transportaIon management programs for busycommutersandlargeemployers.ForoutdoorsmenGlennHeightsisminutesawayfromLakeJoePoole.TothesouthisLakeWaxahachie,LakeWhitney,andBardwell.EachoftheselocaIonsprovidecamping,fishing,hunIngandwatersportacIviIes.Theworldfamous"DallasHI-HOCampground"islocatedinGlennHeights.Thisovernightcampingparkislocatedinthe200blockofBearCreekRoadjustWestofHamptonRoad.Thisfacilitybringsgueststothecityfromallovertheworldandprovidesovernightandseasonalspaces.The area is referred to as "Southern Country" and offers quail, dove, duck, rabbit, and squirrel hunIngopportuniIesthatareavailableuponclearingthecitylimitsandgaininglandownerpermission.AddiIonalregional informaIoncanbeobtainedfromtheDeSotoChamberofCommerce,theDallasChamberofCommerce,andtheBestSouthwestChamberofCommerce.

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreekSingleFamilyresidencesPricing,GlennHeights

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DEMOGRAPHICS

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

Stonecreek

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DEMOGRAPHICS

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

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DEMOGRAPHICS

StoneCreek

219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

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DEMOGRAPHICS

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

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DEMOGRAPHICS

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

StoneCreek

This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the Seller. If applicable, the projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent. Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing. The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.

ConfidenIalitystatement

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INFORMATION ABOUT BROKERAGE SERVICES

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219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX

©2015ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.AllRightsReserved.ColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliatesfullysupportstheprinciplesoftheEqualOpportunityAct.EachOfficeisIndependentlyOwnedandOperated.ColdwellBankerCommercialandtheColdwellBankerCommercialLogoareregisteredservicemarksownedbyColdwellBankerRealEstateLLC,dbaColdwellBankerCommercialAffiliates.

CBCWorldwide.com

“ Stone Creek, Glenn Heights

Laurent FERAL 662314 [email protected] 817 888 0569

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CONTACT INFORMATION

Coldwell Banker Commercial, NRT 5221 N O’CONNOR Blvd, Suite 180,

IRVING, TX 75039 - USA

Laurent FERAL

817-888-0569 [email protected]

For more information, please contact:

NRT

219 ACRES - MASTER PLANNED DEVELOPMENT LAND IN GLENN HEIGHTS, TX


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