7.5 acres on US 290 at Nicholson Lake, Chappell Hill, TX, 6 percent BBC, 25 percent 2nd

Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996 Land For Sale US 290 @ Nicholson Lake in Chappell Hill 8380 US Highway 290 E, Chappell Hill, TX 77426 Price: $224,256 Lot Size: 7.51 AC Property Type: Land Property Sub-type: Retail (land) Additional Sub-types: Pasture/Ranch Multifamily (land) Office (land) Tax ID / APN #: Remainder of R16479 Zoning Description: None known Features: Electricity/Power Irrigation Telephone Gas/Propane Last Verified 10/24/2010 Listing ID 16876729 1 Lot Available   Lot 1   Price: $224,256     Lot Size: 7.51 AC     Price/AC: $29,860.98     Lot Type: Retail (land)     Commission Split: 6%   Map of 8380 US Highway 290 E, Chappell Hill, TX 77426 (Washington County) Find out more about 8380 US Highway 290 E, Chappell Hill Highlights Located in the prestigious Chappell Hill community directly on US Highway 290 the primary Austin-Houston corridor In Brenham ISD. All schools attended & Brenham ISD have high GreatSchools ratings, very high Parent ratings & 3 of 4 schools Exemplary TEA ratings 0.66 mi. W of Chappell Hill' s US 290 & FM 1155 RD red light intersection & 6 mi. E of Brenham' s US 290 & FM 577/Gun & Rod red light intersection 48 mi. west of Northwest Houston, 50 mi. southwest of College Station and 93 mi. east of Austin Comparing the 1-mi. radius to ALL Benchmarks* has highest: median household net worth; % $1M+ homes; and $500K-$999K household net worth 1-mi. radius to LOCAL Benchmarks* has highest:: household income, home values, annual % value increase, disposable income & consumer spending Description US 290 @ Nicholson Lake spans 7.5+ acres. The property features a highly coveted curb on US Highway 290 and is positioned at a very desirable highway cross-over providing easy access to traffic going either direction on US Highway 290. It has 1,260' + est. frontage including over 400' est. on US Highway 290. One of the most important features is tremendous highway visibility with an 18' elevation above US Highway 290. It also benefits from a two-sided billboard that conveys with the property. No zoning provides virtual unlimited user flexibility and exit strategies. This is the lowest price offering for US Highway 290 with at least 7 acres on a corner and a highway curb cut between Brenham and Houston. Possible 25% subordinated owner 2nd loan and 6% buyer broker commission. We expect the property to sell fast. (1) Just west of Chappell Hill' s US 290 & FM 1155 RD red light intersection. Located 0.66 miles west of this important intersection. (2) 6 mi. east of Brenham. Distance from US 290 & FM 577 Road/Gun & Rod Road red light intersection on the east side of Brenham. (3) 12 mi. west of Hempstead. Distance from US Highway 290 @ State Road 6 interchange. (4) 48 mi. west of Northwest Houston (Jersey Village). Distance from US Highway 290 @ West Sam Houston Beltway North interchange. (5) 93 mi. east of Austin. Distance from I 35 @ US Highway 290 interchange. (6) Easy airport access. 48 mi. to Easterwood Field in College Station (CLL) with commuter service to DFW and IAH, 69 mi. to Houston Bush Intercontinental Airport (IAH), 75 mi. to Houston Hobby International Airport (HOU) and 92 mi. to Austin Bergstrom International Airport (AUS). (7) 20,184 average daily two-way traffic (ADTT). ADTT estimate for Jan. 2011. Most recent Texas Department of Transportation (TXDOT) in 2009 reported 19,400 ADTT at a data point about 0.46 mi. west. We conservatively trended it up by 2% per year to estimate 2011. Debt & Equity Information Debt Type Proposed  Loan Amount $56,064  Interest Rate 5.50%  Amortized Over 30  Due In 5  Annual Debt Service $3,820  Loan Description DOQ & other factors, owner may provide a 25% owner 2nd loan at 5.5% int, 30-year amort. & a 5-year balloon. Additional Photos 2-Northern property lines 3-Middle of property 4-Southern property lines 5-View from US 290 with included sign 6-Close-up of US 290 & Nicholson Lake corner 7-Easy US 290 access from both directions 8-Owner 2nd loan summary table 9-Elevations 10-Immediate area topo 11-Surrounding area topo 12-Non of property in flood plain 13-Satellite half-mile radius 14-Satellite 1-mile radius 15-Map proximity to Chappell Hill 16-Map proximity to Brenham 17-Area map 18-Map proximity to Houston 19-Regional map 20-10, 20 & 30-mile radius map 21-25, 50 & 75-mile radius map 22-$1M+ homes 23-Median household net worth 24-Avg household income 25-$500K-$999K household net worth 26-Avg home values in 2010 & 2015 27-% single family detached homes 28-Unemployment 29-Median mortgage 30-Median annual mortgage / median home value 31-% homes for recreational, holiday or weekend use 32-$100K-$149K household net worth 33-$150K-$249K household net worth 34-% annual home value growth 35-Median disposable household income 36-Average disposable household income 37-Average household consumer spending 38-Total economy 39-QR code Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996 The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.   LoopNet Commercial Real Estate CJ6DL9M