±8 Acres at Dell Dale St & Wallisville Rd VD€¦ · Dosch Marshall Real Estate 713.955.3120 777...

WALLISVILLE RD

WOODFOREST BLVD

DELL DALE ST

SHELDON RD

THE SHOPS AT STONE PARKNEW FOREST CROSSING

CHANNELVIEW INDUSTRIAL EMPLOYERS

River Terrace Golf Course

Johnston Park

Gene Green Beltway 8 Park

Channelview Golf CourseSAN JACINTO RIVER

±8 ACRES

FUTURE RETAILDEVELOPMENT

±8 Acres at Dell Dale St & Wallisville Rd Channelview, TX 77049

O F F E R I N G M E M O R A N D U M

Tim [email protected] 713-955-3127

David [email protected] 713-955-3126

Tom [email protected] 713-955-3125

Clark DaltonVice [email protected] 713-955-3122

Becky HandSenior [email protected] 713-955-3121

Dillon MillsSenior [email protected] 713-955-3123

Tripp RichTransaction [email protected] 713-955-3124

Kenneth [email protected] 713-955-3120

Contacts, Due Diligence, & Offer Requirements

Dosch Marshall Real Estate713.955.3120

777 Post Oak Blvd Houston, TX 77056

www.dmre.com

Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclu-sively retained to represent the Seller in the disposition of ±8 acres at Dell Dale St & Wallisville Rd in Chan-nelview, TX (Property). All inquiries about the Property should be directed to DMRE.

Due Diligence InformationTo access the due diligence information please visit the Property website at: www.dmreland.com

Offer RequirementsOffers should be presented in the form of a non-bind-ing Letter of Intent, and should include:

• Pricing• Due Diligence and Closing Timeframe• Earnest Money Deposit• Description of Debt/Equity Structure• Qualifications to Close• Development Plans

Purchase terms shall require cash to be paid at clos-ing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email.

2±8 ACRES AT DELL DALE ST & WALLISVILLE RD

Property DetailsProperty Details

LOCATION SEC Dell Dale St & Wallisville RdChannelview, TX 77049

LAT., LONG. 29.814801, -95.141170

TOTAL SIZE ±8 Acres

PARCEL ID 1310070010001

DETENTION Off-site

COUNTY Harris

SCHOOLS Channelview Independent School District

PRICE TBD by market

OTHER Owner will consider subdividing

2017 Tax Rates

6 CHANNELVIEW ISD 1.396000

40 HARRIS COUNTY 0.418010

41 HARRIS CO FLOOD CNTRL 0.028310

42 PORT OF HOUSTON AUTHY 0.012560

43 HARRIS CO HOSP DIST 0.171100

44 HARRIS CO EDUC DEPT 0.005195

47 SAN JACINTO COM COL D 0.183335

353 HC MUD 53 0.600000

667 HC EMERG SERV DIST 50 0.048500

TOTAL 2.863010

2017 Demographics

0-1 mile 0-3 miles 0-5 miles

EST. POPULATION 9,849 77,351 144,458

5-YR EST. POPULATION GROWTH 5.92% 6.22% 6.34%

AVERAGE HOUSEHOLD INCOME $78,559 $64,641 $63,811

MEDIAN OWNER-OCCUPIED HOUSING VALUES $139,230 $118,319 $116,326

Development Opportunity in Channelview• As close as 1.5 miles to the industrial complexes of Channelview’s biggest employ-

ers, including Baker Hughes, LyondellBasell, and Air Liquide• 2.3 miles from the intersection of Beltway 8/Sam Houston Pkwy and US-90• Major retail developments are just 1.3 miles from the Property: The Shops at Stone

Park and New Forest Crossing• Future retail development on the 10.3 acres north of the Property

Distance to Major Employment Areas• LyondellBasell - Channelview Complex: 1.5 miles

• One of the largest petrochemical facilities on the Gulf Coast, covering an area of almost 3,900 acres

• Two large manufacturing facilities and a workforce of more than 2,000 people• Payroll and benefits of more than $156 million per year• Goods and services purchases of approximately $824 million per year

• Port of Houston: 8 miles• Generation Park: 4 miles

• 4,000-acre master-planned commercial park

±8 Acres

Harvey Brown Elementary School


~193’

~550’976.73’

~896’

WALLISVILLE RD

DELL DALE ST

SONOMA RANCHHome Prices up to $239K


North, west, and east frontage measurements are approximations from LandVision.


Survey

±8 ACRES



±8 Acres

Harvey Brown Elementary School


~193’

~550’976.73’

~896’

WALLISVILLE RD

DELL DALE ST



North, west, and east frontage measurements are approximations from LandVision.


Industrial MarketGrowth on the east side due to boom in petrochemical industry

Q2 2017 Data from Colliers

Absorption: During the first half of 2017, 3.0M SF of Houston’s industrial inventory was absorbed, all occurring during the first quarter. Second quarter absorption was close to zero, posting only -13,100 SF.

Vacancy: The vacancy rate is only 5.5% with a mid-year new inventory total to over 5M SF.

Under Construction: 4.2M SF is under construction and 77.2% is pre-leased. Most of the leased space under con-struction are build-to-suit projects for companies such as Amazon, FedEx, Katoen Natie and Vinmar International.

Major East Houston Employers

Capital Investments The Port Houston area continues to exhibit strong market fundamentals with significant deal volume and net absorption in 2017. Much of the market activity is driven by the strong downstream sector and petrochem-ical boom, which provides strategic advantages to East Houston.

• Port Houston expects to invest $333.0 million in capital projects over 2017 and 2018, including adding Post-Panamax cranes where needed

• Bayport Wharf #2, the fourth wharf at the terminal, is currently under construction, and Barbours Cut Wharf #2 reconstruction is in progress

Markets• 74 percent of plastic resins man-

ufactured in the U.S. come out of Houston

• Resins/plastics and chemicals/minerals account for 46.7 percent of Port Houston’s exported TEUs (twenty-foot equivalent unit)

• An estimated 250,000 TEUs in new exports will be created by 2019 as newly delivered pet-rochemical projects ramp up production

Development Since 1986, the number of businesses in Houston engaging in international trade has grown from 1,963 to more than 3,250.Companies cite the cheap cost of fuel, the large inventory of natural gas liquids available as well as access to foreign markets through exports as a source of growth in the petrochemical industry.

LyondellBasell • Plans to build a $2.4 billion petro-

chemical plant near the Houston Ship Channel, the largest factory of its kind in the world

• Would create some 2,500 con-struction jobs and 160 permanent positions at the plant

• Their most expensive project ever at $2.4 billion

• Announced in July 2017 that the project would move forward

Contanda Terminals • Signed a multiyear commercial

agreement with the Port of Hous-ton Authority for 339 acres on the Houston Ship Channel

• Provider of bulk liquid storage and logistics services

• Already operates three storage terminals in the Houston area

Pontikes Development • Planning a 3.0 million-square-

foot-multimodal logistics and distribution center on 246 acres

Projects recently completed: • 1.0 million square feet for Ikea • 960,000 square feet for Katoen

Natie

Projects soon to break ground:• 750,000 square feet for Ravago

Americas • 500,000 square feet for Vinmar

Foreign Trade Sub Zones• Gulf Coast Maritime• Valero Refining Co.• Shaffer, Inc.• Tuboscope Vetco Int’l• Shell Oil Co.• Dril-Quip• Tadiran Microwave Networks• Hydril USA Manufacturing LLC• Pasadena Refining System, Inc.• EXXON Mobil• Houston Refining LP• Equistar Chemicals• Michelin North America, Inc.

• No. 1 U.S. port in foreign waterborne tonnage• No. 1 port in the U.S. Gulf Coast by TEU throughput• Home to the largest petrochemical complex in the U.S. (2nd largest

in world)• 150 public and private companies• 8,300 + vessel calls, 20,000+ ship movements, and 200,000+ barge

transits annually

Area Highlights

LyondellBasell - Channelview Complex• One of the largest petrochemical facilities on the Gulf

Coast, covering an area of almost 3,900 acres• Two large manufacturing facilities and a workforce of

more than 2,000 people• Payroll and benefits of more than $156 million per year• Goods and services purchases of approximately $824

million per year


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P.O

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88, A

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8711

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7

±8 Acres at Dell Dale St & Wallisville Rd VD€¦ · Dosch Marshall Real Estate 713.955.3120 777...

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Transcript of ±8 Acres at Dell Dale St & Wallisville Rd VD€¦ · Dosch Marshall Real Estate 713.955.3120 777...