STRATEGIC COMMERCIAL DEVELOPMENT PROPERTY SWC HWY 77 AT HIDALGO ST. RAYMONDVILLE, TEXAS
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1 STRATEGIC COMMERCIAL DEVELOPMENT PROPERTY SWC HWY 77 AT HIDALGO ST. RAYMONDVILLE, TEXAS LOCATION: SIZE: FRONTAGE: The property is located at the southwest corner of US 77 and Hidalgo St. in Raymondville, TX (Willacy County). This is the major commercial intersection in Raymondville Acres Approximately 728+/- feet on Hwy 77 and 345+/- feet on Hidalgo Street UTILITIES: Electricity: Available Sewer: Water: Gas: Available Available Available Prospective buyers should retain an independent engineer to verify the location, accessibility and capacity of all utilities. ZONING: The property is currently zoned Commercial. Prospective buyers should verify the zoning and permitted uses for this property with the appropriate governing authority. FLOOD PLAIN: TOPOGRAPHY: EASEMENTS: Federal Emergency Management Agency maps do not appear to indicate any 100 year flood plain on the property. Very minimal slope Various utility easements are on the property. Contact Broker.
2 DEED RESTRICTIONS: None of record TRAFFIC COUNT: Texas Department of Transportation maps indicate 19,680 vehicles per day on Hwy 77 just south of Hidalgo St. on Hwy 77. DEMOGRAPHICS: 3-mile 5-mile 7-mile Population 2018 Estimate: 10,260 12,328 14,379 5 Year Projection: 10,429 12,566 14,638 Average Household Income: $42,102 $42,376 $42,545 Source: U.S. Bureau of the Census, 2010 Census of Population and Housing. ESRI forecasts for 2018 and AREA DEVELOPMENT: PRICING: COMMENTS: Immediate area developments include an HEB, CVS Pharmacy, Whataburger, McDonalds, C-Stores and Hotels. Contact Broker Excellent visibility and accessibility Just north of Harlingen, TX Excellent frontage at a major intersection FOR INFORMATION CONTACT: ELDON ROALSON, CCIM or MATT HOWARD Phone: (210) Fax: (210) eldon@roalson.com / mhoward@roalson.com
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8 DEMOGRAPHIC OVERVIEW IH 10 AT FOSTER ROAD, SAN ANTONIO, TX January 24, Miles: 5.0 Miles: 7.0 Miles: Population 2010 Census 12,992 14,838 16, Estimate 10,260 12,328 14,379 5 Year Projection 10,429 12,566 14,638 Households 2010 Census 3,001 3,538 4, Estimate 3,137 3,739 4,335 5 Year Projection 3,191 3,812 4, Population by Race White 84.2% 84.2% 84.2% Black 1.1% 1.1% 1.0% Asian or Pacific Islander 0.3% 0.2% 0.2% American Indian 0.6% 0.6% 0.6% 2018 Population by Ethnicity Hispanic Origin 91.6% 91.2% 91.2% 2018 Total Housing Units Owner-Occupied 2,431 2,933 3,454 Renter-Occupied Average Household Size Household Income Income $ 0 - $15, % 24.8% 24.3% Income $ 15,000 - $24, % 19.0% 18.9% Income $ 25,000 - $34, % 13.3% 13.6% Income $ 35,000 - $49, % 14.8% 14.8% Income $ 50,000 - $74, % 13.3% 13.5% Income $ 75,000 - $99, % 6.5% 6.8% Income $ 100,000 - $149, % 6.0% 5.9% Income $ 150,000 - $199, % 1.0% 1.1% Income $200, % 1.2% 1.1% Average Household Income $42,102 $42,376 $42,545 Median Household Income $28,520 $28,907 $29,225 Per Capita Income $12,874 $12,853 $12,811 Source: U.S. Bureau of the Census, 2010 Census of Population and Housing. ESRI forecasts for 2018 and 2023.
9 PROPERTY DISCLOSURE STATEMENT As to the subject property, Roalson Interests, Inc. ("Broker") makes no warranties, representations or guarantees regarding the structural integrity, soundness or suitability, for any purpose, of any improvements which may be located on the property. Furthermore, Broker makes no warranties, representations or guarantees regarding any prior uses of the property or the nature and condition of the property, including, without limitation, (1) the water, soil and geology and the existence of any environmental hazards or conditions thereon (including, but not limited to, the presence of underground storage tanks, asbestos, radon, contaminated soil or hazardous substances), or the property's compliance with any applicable laws rules or regulations regarding such substances; and (2) the compliance of the property or its operation (past, present or future) with any building codes, laws, ordinances or regulations of any government or other body. Broker does not have the technical expertise to either determine whether any improvements are in compliance with ADA requirements or to advise a principal on the requirements of the ADA. You are advised to contact an attorney, contractor, architect, engineer or other qualified professional of your own choosing to determine to what degree, if at all, ADA impacts the subject property. Regarding the above items, any potential PURCHASER will rely solely on its own investigation of the property. Any information provided or to be provided, with respect to the property by Broker was obtained from sources deemed reliable but is in no way warranted or guaranteed by Broker. Broker has not made any independent investigation or verification of such information, and does not make any representations as to the accuracy or completeness of such information. BROKER: ROALSON INTERESTS, INC TUSCANY STONE, SUITE 200 SAN ANTONIO, TEXAS 78258
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