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GILLESPIE COUNTYAIRPORT
8,7
66 C
PD
16
16
OAK CRESTPARK
FREDERICKSBURGDOG PARK
LADY BIRD JOHNSONMUNICIPAL PARK POOL
LADY BIRD JOHNSONMUNICIPAL PARK
HILL COUNTRYSPCA
BO
OS
LN
LADY BIRD DR
FAIR DR
CABERNET GRILLTEXAS WINE COUNTRY
SUBJECT
17.44 ACRES FOR SALE RV PARK DEVELOPMENT READY3255 SOUTH HIGHWAY 16 FREDERICKSBURG, TX 78624DANNY ELLIOTT
3255 SOUTH HIGHWAY 16
TABLE OF CONTENTS
The information contained was obtained from sources believed reliable, however, REATA Real Estate Services, LP, makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this project is submitted subject to the errors, omissions and change of price or conditions prior to lease or withdrawal.
SECTION I.. ... ... ... ... ... ... ... EXECUTIVE SUMMARY
SECTION II. ... ... ... ... ... ... ... MAPS
SECTION III ... ... ... ... ... ... ... AERIALS
SECTION IV... ... ... ... ... ... ... SITE PLAN
SECTION V ... ... ... ... ... ... ... RENDERINGS
SECTION VI... ... ... ... ... ... ... FREDERICKSBURG ACCOLADES
SECTION VII.. ... ... ... ... ... ... DEMOGRAPHICS
SECTION VIII . ... ... ... ... ... ... AGENCY DISCLOSURE
©REATA REAL ESTATE SERVICES, LP
3255 SOUTH HIGHWAY 16
EXECUTIVE SUMMARY
PROPERTY HIGHLIGHTS 17.44 acres ready for development in south Fredericksburg, along Highway 16. This site comes ready with full development plan including engineering, architecture and site plan.
Located in the heart of the Texas Hill Country, Fredericksburg boasts strong income demographics while consistently ranking as one of the state’s top places to visit, with very well attended annual festivals supported by a wide range of unique shops, award-winning wineries and gourmet eateries.
LOCATION 3255 South Highway 16 Fredericksburg, TX 78624
GLA 17.44 acres
RENTAL RATE Please contact Brokers for pricing.
TRAFFIC COUNTS (TXDOT 18’) HWY 16, South of Tivydale Road 8,766 CPD
GILLESPIE COUNTY POPULATION 26,941 (2019 Estimate)
CONTACTS DANNY ELLIOTT PARTNER 210.841.3205 [email protected]
SECTION I
2019 DEMOGRAPHICS 3 Miles 5 Miles 7 Miles 10 Miles
Estimated Population 5,376 15,005 17,907 20,444
Estimated Households 2,247 6,439 7,648 8,692
Household Income > $100,000 22.3% 27.5% 27.7% 27.5%
Average Household Income $68,338 $79,319 $79,746 $80,429
3255 SOUTH HIGHWAY 16
MAPS
SECTION II
3255 SOUTH HIGHWAY 16
3255 SOUTH HIGHWAY 16
3255 SOUTH HIGHWAY 16
0 1
miles
MAIN SREET
112
3
4
5
67
8
9
1012
13
1415
16
1
HONDO’S ON MAIN
WEST END PIZZA CO.
FREDERICKSBURG WINERY
CLEAN RIVER ICE CREAM AND BAKERY
WHEELER’S
FREDERICKSBURG BREWING COMPANY
RATHSKELLER
OLD GERMAN BAKERY AND RESTAURANT
CROSSROADS SALOON AND STEAKHOUSE
SILVER CREEK BEER GARDEN & GRILLE
WESTERN EDGE CELLARS
DER LINDENBAUM
VAUDEVILLE
AUSLANDER RESTAURANT
ADMIRAL NIMITZ MUSEUM
NATIONAL MUSEUM OF THE PACIFIC WAR
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
20,723 CPD
8,67
0 CP
D
HISTORIC FREDERICKSBURGSHOPPING AREA
FREDERICKSBURGHIGH SCHOOL
GILLESPIE COUNTYAIRPORT
GILLESPIE COUNTYFAIR GROUNDS
HILL COUNTRYMEMORIAL HOSPITAL
FREDERICKSBURGMIDDLE SCHOOL
9,665 CPD
8,7
66 C
PD
16
16
16
290
290
290
SUBJECT
AERIALS
SECTION III
3255 SOUTH HIGHWAY 16
GILLESPIE COUNTYAIRPORT
8,7
66 C
PD
16
16
OAK CRESTPARK
FREDERICKSBURGDOG PARK
LADY BIRD JOHNSONMUNICIPAL PARK POOL
LADY BIRD JOHNSONMUNICIPAL PARK
HILL COUNTRYSPCA
BO
OS
LN
LADY BIRD DR
FAIR DR
CABERNET GRILLTEXAS WINE COUNTRY
SUBJECT
AERIALS
SECTION III
3255 SOUTH HIGHWAY 16
SITE PLAN
SECTION IV
3255 SOUTH HIGHWAY 16
CONCEPTUAL RENDERING
SECTION V
3255 SOUTH HIGHWAY 16
CONCEPTUAL RENDERING
SECTION V
3255 SOUTH HIGHWAY 16
CONCEPTUAL RENDERING
SECTION V
3255 SOUTH HIGHWAY 16
FREDERICKSBURG ACCOLADES
SECTION VI
“Head to Fredericksburg, one of the Lone Star State’s most charming towns and the Hill Country’s unofficial capital of food and wine.” Wine Spectator Magazine
“A museum of this quality, and importance, needs to be seen by many more.” The Wall Street Journal on the National Museum of the Pacific War
USA Today lists the Texas Hill Country in “10 GREAT PLACES FOR LOCAL WINES” and says, “With all the attention, the town of Fredericksburg has become a mini-Napa with fine restau-rants, shopping and bed-and-breakfasts.”
The New York Times listed the Texas Hill Country as the TOP PLACE TO GO FOR THE SUMMER OF 2008.
The readers of Southern Living in 2009 ranked Fredericksburg as one of the TOP THREE BEST SMALL TOWNS IN THE SOUTH.
Named by author Patricia Schultz in her popular book entitled 1,000 PLACES TO SEE BEFORE YOU DIE.
Gillespie County was named one of the “TOP TEN BEST PLACES TO LIVE IN RURAL AMERI-CA” by Progressive Farmer Magazine.
Fredericksburg’s Oktoberfest was named one of the “12 TRAVEL HIGHLIGHTS FOR 2009” by msn.com.
3255 SOUTH HIGHWAY 16
DEMOGRAPHICS
SECTION VII
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 30.2369/-98.9025
3255 S State Hwy 163 mi radius 5 mi radius 7 mi radius 10 mi radius
Fredericksburg, TX 78624
POPU
LATI
ON
2019 Estimated Population 5,376 15,005 17,907 20,4442024 Projected Population 5,703 15,984 19,084 21,8472010 Census Population 4,995 13,907 16,461 18,7312000 Census Population 4,115 11,979 14,060 15,955Projected Annual Growth 2019 to 2024 1.2% 1.3% 1.3% 1.4%Historical Annual Growth 2000 to 2019 1.6% 1.3% 1.4% 1.5%
HO
USE
HO
LDS
2019 Estimated Households 2,247 6,439 7,648 8,6922024 Projected Households 2,295 6,576 7,814 8,8992010 Census Households 2,075 5,952 7,025 7,9652000 Census Households 1,564 4,855 5,719 6,482Projected Annual Growth 2019 to 2024 0.4% 0.4% 0.4% 0.5%Historical Annual Growth 2000 to 2019 2.3% 1.7% 1.8% 1.8%
AG
E
2019 Est. Population Under 10 Years 11.6% 11.6% 11.5% 11.2%2019 Est. Population 10 to 19 Years 12.3% 11.8% 11.8% 11.7%2019 Est. Population 20 to 29 Years 12.1% 10.6% 10.3% 10.2%2019 Est. Population 30 to 44 Years 14.7% 14.4% 14.3% 14.1%2019 Est. Population 45 to 59 Years 16.6% 16.6% 16.7% 17.0%2019 Est. Population 60 to 74 Years 19.0% 20.3% 20.7% 21.3%2019 Est. Population 75 Years or Over 13.7% 14.8% 14.7% 14.4%2019 Est. Median Age 43.7 45.9 46.3 46.8
MA
RIT
AL
STA
TUS
& G
END
ER
2019 Est. Male Population 48.6% 47.7% 47.7% 48.0%2019 Est. Female Population 51.4% 52.3% 52.3% 52.0%
2019 Est. Never Married 20.7% 21.6% 21.8% 21.6%2019 Est. Now Married 50.1% 51.8% 52.3% 53.6%2019 Est. Separated or Divorced 17.9% 16.2% 15.5% 14.7%2019 Est. Widowed 11.4% 10.5% 10.4% 10.1%
INC
OM
E
2019 Est. HH Income $200,000 or More 4.4% 5.1% 5.2% 5.4%2019 Est. HH Income $150,000 to $199,999 4.0% 7.3% 7.5% 7.2%2019 Est. HH Income $100,000 to $149,999 13.9% 15.1% 15.0% 14.9%2019 Est. HH Income $75,000 to $99,999 13.9% 12.1% 12.1% 12.2%2019 Est. HH Income $50,000 to $74,999 14.4% 15.7% 16.2% 16.9%2019 Est. HH Income $35,000 to $49,999 14.2% 12.7% 12.2% 12.1%2019 Est. HH Income $25,000 to $34,999 10.1% 10.5% 10.4% 10.5%2019 Est. HH Income $15,000 to $24,999 13.3% 13.1% 12.9% 12.5%2019 Est. HH Income Under $15,000 11.8% 8.3% 8.6% 8.3%2019 Est. Average Household Income $68,338 $79,319 $79,746 $80,4292019 Est. Median Household Income $50,796 $58,324 $58,604 $58,9642019 Est. Per Capita Income $28,729 $34,148 $34,160 $34,281
2019 Est. Total Businesses 568 1,413 1,468 1,5482019 Est. Total Employees 4,841 10,133 10,461 10,847
3255 SOUTH HIGHWAY 16
DEMOGRAPHICS
SECTION VII
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 30.2369/-98.9025
3255 S State Hwy 163 mi radius 5 mi radius 7 mi radius 10 mi radius
Fredericksburg, TX 78624
RA
CE
2019 Est. White 82.2% 87.4% 87.8% 88.3%2019 Est. Black 1.4% 1.2% 1.1% 1.0%2019 Est. Asian or Pacific Islander 1.3% 0.9% 0.9% 0.8%2019 Est. American Indian or Alaska Native 0.9% 0.7% 0.6% 0.6%2019 Est. Other Races 14.2% 9.8% 9.6% 9.2%
HIS
PAN
IC 2019 Est. Hispanic Population 1,788 4,261 5,013 5,5452019 Est. Hispanic Population 33.3% 28.4% 28.0% 27.1%2024 Proj. Hispanic Population 33.7% 30.3% 30.0% 29.1%2010 Hispanic Population 29.9% 23.8% 23.2% 22.4%
EDU
CA
TIO
N(A
dults
25
or O
lder
)
2019 Est. Adult Population (25 Years or Over) 3,751 10,688 12,789 14,6722019 Est. Elementary (Grade Level 0 to 8) 7.1% 5.3% 5.1% 5.1%2019 Est. Some High School (Grade Level 9 to 11) 5.8% 5.2% 5.1% 5.1%2019 Est. High School Graduate 29.0% 28.7% 28.5% 29.5%2019 Est. Some College 23.7% 21.3% 21.2% 20.9%2019 Est. Associate Degree Only 5.8% 5.6% 5.6% 5.5%2019 Est. Bachelor Degree Only 21.2% 23.7% 23.9% 24.0%2019 Est. Graduate Degree 7.4% 10.3% 10.5% 10.0%
HO
USI
NG 2019 Est. Total Housing Units 2,496 7,126 8,487 9,765
2019 Est. Owner-Occupied 55.6% 61.7% 63.2% 64.0%2019 Est. Renter-Occupied 34.5% 28.6% 26.9% 25.0%2019 Est. Vacant Housing 9.9% 9.6% 9.9% 11.0%
HO
MES
BU
ILT
BY
YEA
R 2019 Homes Built 2010 or later 3.9% 3.2% 3.5% 3.8%2019 Homes Built 2000 to 2009 21.0% 21.8% 21.9% 21.8%2019 Homes Built 1990 to 1999 17.5% 14.7% 15.7% 15.7%2019 Homes Built 1980 to 1989 12.6% 13.9% 13.9% 13.8%2019 Homes Built 1970 to 1979 11.2% 10.1% 10.1% 10.2%2019 Homes Built 1960 to 1969 6.5% 8.1% 7.7% 7.0%2019 Homes Built 1950 to 1959 6.9% 7.0% 6.5% 6.1%2019 Homes Built Before 1949 10.4% 11.5% 10.8% 10.6%
HO
ME
VALU
ES
2019 Home Value $1,000,000 or More 4.2% 3.2% 3.0% 3.2%2019 Home Value $500,000 to $999,999 14.1% 13.8% 14.7% 15.7%2019 Home Value $400,000 to $499,999 7.7% 8.0% 8.0% 8.2%2019 Home Value $300,000 to $399,999 14.2% 21.6% 22.8% 21.2%2019 Home Value $200,000 to $299,999 24.8% 29.8% 28.0% 26.9%2019 Home Value $150,000 to $199,999 14.3% 13.0% 12.9% 12.9%2019 Home Value $100,000 to $149,999 12.5% 8.8% 9.1% 9.2%2019 Home Value $50,000 to $99,999 8.3% 5.4% 5.4% 6.3%2019 Home Value $25,000 to $49,999 1.7% 1.6% 1.8% 2.4%2019 Home Value Under $25,000 3.4% 1.7% 1.8% 1.6%2019 Median Home Value $248,341 $275,730 $278,095 $277,0032019 Median Rent $704 $755 $751 $748
3255 SOUTH HIGHWAY 16
DEMOGRAPHICS
SECTION VII
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 30.2369/-98.9025
3255 S State Hwy 163 mi radius 5 mi radius 7 mi radius 10 mi radius
Fredericksburg, TX 78624
LAB
OR
FO
RC
E
2019 Est. Labor Population Age 16 Years or Over 4,362 12,193 14,560 16,6752019 Est. Civilian Employed 53.8% 58.4% 58.0% 57.9%2019 Est. Civilian Unemployed 0.8% 1.3% 1.4% 1.4%2019 Est. in Armed Forces 0.1% 0.1% 0.1% 0.1%2019 Est. not in Labor Force 45.3% 40.2% 40.5% 40.7%2019 Labor Force Males 47.8% 46.8% 46.9% 47.3%2019 Labor Force Females 52.2% 53.2% 53.1% 52.7%
OC
CU
PATI
ON
2019 Occupation: Population Age 16 Years or Over 2,347 7,116 8,438 9,6502019 Mgmt, Business, & Financial Operations 13.8% 13.8% 14.2% 14.7%2019 Professional, Related 13.7% 18.1% 18.0% 18.0%2019 Service 26.7% 25.1% 24.7% 23.6%2019 Sales, Office 24.1% 21.2% 21.5% 21.6%2019 Farming, Fishing, Forestry 1.3% 1.6% 1.7% 1.8%2019 Construction, Extraction, Maintenance 12.0% 11.3% 11.1% 11.4%2019 Production, Transport, Material Moving 8.3% 8.9% 8.9% 9.0%2019 White Collar Workers 51.6% 53.1% 53.7% 54.2%2019 Blue Collar Workers 48.4% 46.9% 46.3% 45.8%
TRA
NSP
OR
TATI
ON
TO
WO
RK
2019 Drive to Work Alone 78.2% 69.7% 69.9% 70.6%2019 Drive to Work in Carpool 14.5% 14.9% 14.4% 14.3%2019 Travel to Work by Public Transportation - - - 0.1%2019 Drive to Work on Motorcycle - 0.7% 0.7% 0.6%2019 Walk or Bicycle to Work 5.0% 6.2% 6.4% 5.8%2019 Other Means - 2.1% 2.0% 1.8%2019 Work at Home 2.2% 6.3% 6.6% 6.7%
TRA
VEL
TIM
E 2019 Travel to Work in 14 Minutes or Less 60.1% 62.4% 60.4% 55.9%2019 Travel to Work in 15 to 29 Minutes 17.7% 20.2% 21.5% 25.8%2019 Travel to Work in 30 to 59 Minutes 11.2% 12.3% 12.5% 13.1%2019 Travel to Work in 60 Minutes or More 8.1% 6.6% 6.5% 6.4%2019 Average Travel Time to Work 11.1 11.9 12.2 13.2
CO
NSU
MER
EXP
END
ITU
RE
2019 Est. Total Household Expenditure $121.69 M $386.98 M $461.58 M $527.76 M2019 Est. Apparel $4.21 M $13.43 M $16.02 M $18.3 M2019 Est. Contributions, Gifts $6.79 M $21.96 M $26.21 M $30.02 M2019 Est. Education, Reading $3.65 M $11.93 M $14.26 M $16.26 M2019 Est. Entertainment $6.76 M $21.76 M $25.98 M $29.72 M2019 Est. Food, Beverages, Tobacco $18.84 M $59.43 M $70.87 M $81 M2019 Est. Furnishings, Equipment $4.2 M $13.51 M $16.13 M $18.45 M2019 Est. Health Care, Insurance $11.42 M $36.27 M $43.29 M $49.55 M2019 Est. Household Operations, Shelter, Utilities $39.81 M $125.88 M $150.06 M $171.44 M2019 Est. Miscellaneous Expenses $2.3 M $7.34 M $8.75 M $10 M2019 Est. Personal Care $1.63 M $5.2 M $6.2 M $7.09 M2019 Est. Transportation $22.08 M $70.27 M $83.81 M $95.92 M
3255 SOUTH HIGHWAY 16
AGENCY DISCLOSURE
SECTION VIII
TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage activities,
including acts performed by sales agents sponsored by the broker.
• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):• Put the interests of the client above all others,
including the broker’s own interests;• Inform the client of any material information about
the property or transaction received by the broker;• Answer the client’s questions and present any offer
to or counter-offer from the client; and• Treat all parties to a real estate transaction honestly
and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH — INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to
the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:• Must treat all parties to the transaction impartially
and fairly;• May, with the parties’ written consent, appoint a
different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.
• Must not, unless specifically authorized in writing to do so by the party, disclose:› that the owner will accept a price less than the
written asking price;› that the buyer/tenant will pay a price greater than
the price submitted in a written offer; and› any confidential information or any other
information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• The broker’s duties and responsibilities to you, and
your obligations under the representation agreement.• Who will pay the broker for services provided to you,
when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
Licensed Broker/Broker Firm Name or Primary Assumed Business Name
License Number Email PhoneREATA Real Estate Services, LP 9002891 [email protected] 210.930.4111
Designated Broker of Firm License Number Email PhoneThomas C. Tyng, Jr. 0406718 [email protected] 210.930.4111
Regulated by the Texas Real Estate Commission. Information available at www.trec.texas.gov IABS 1-0 02/16/16
Buyer/Tenant/Seller/Landlord Initials Date
Sales Agent License Number Email PhoneDaniel Waye Elliott 0502212 [email protected] 210.930.4111
Sales Agent License Number Email Phone
Sales Agent License Number Email Phone