US 290 @ Nicholson Lake in Chappell Hill, TX, directly on 290 the “Austin-Houston corridor”, 290 curb cut, corner lot, excellent visibility, 7.5+ acres, 1,260’+ frontage, 2-sided billboard, 25% second loan @ 5.5%, 6% BBC. $224K.

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 10/18/2010 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