GRAND CAY HARBOUR EXCLUSIVE LISTING MARINA, COMMERCIAL & WATERFRONT TOWNHOME/CONDO LOTS TEXAS CITY, GALVESTON COUNTY, TX

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1 GRAND CAY HARBOUR EXCLUSIVE LISTING MARINA, COMMERCIAL & WATERFRONT TOWNHOME/CONDO LOTS TEXAS CITY, GALVESTON COUNTY, TX LOCATION Grand Cay Harbour is located on Skyline Drive adjacent to Galveston Bay, Moses Lake and Dollar Bay in, Galveston County,. SIZE ± acres PRICE $3,300,000 TAX RATES Galveston County Mainland College Galv County Mud # ISD Co Road & Flood Total Tax Rate MUD Galveston County Municipal Utility District No. 52 was created in 2005 and was granted Water, Sewer, Drainage, s and Recreation, Road and Navigation powers by the state legislature. Development reimbursements are only limited by the amount of tax base created by the developer. Attorney: Steve Robinson, ABHR Engineer: Marcus J. Michna, P.E., Shelmark Engineering LLC PERMITS All permits are approved through USACE (United States of America Corps of Engineers) for Development HURRICANE FLOOD PROTECTION The Grand Cay Harbour development lies within the 23 foot high Hurricane Flood Protection Levee and Tide Gate System. The Marina entrance is located just inside the steel Tide Gate, which is lowered prior to a hurricane, protecting the area from the storm surge. No hurricane flood damage has occurred inside the Levee since it was constructed in Most recently, during Hurricane Ike, there was no damage to the property. This is the ultimate safe harbor. COMMENTS The property is designed for a marina with approximately 300 boat slips, townhome/condo lots, plus a commercial development. Adjacent to this tract, Weekley Homes is currently building homes from the upper $350 - $900k. The property would be best suited for dry boat storage facility, restaurant, hotel, marina, townhomes, mid-rise or a resort type use. The property is protected from a storm surge. Kirk Laguarta klaguarta@landadvisors.com Duane Heckmann dheckmann@landadvisors.com 820 Gessner Road, Suite 950, ph The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. TXGV

2 METRO MAP Kirk Laguarta Duane Heckmann Mont Belvieu 610 TU 6 Westpark Tollway 10 West University Place Bellaire Houston Jacinto Galena Pasadena Deer TU225 Baytown way Grand South Houston La Porte Meadows Place William P Hobby Airport TV 8 Sugar Land Stafford Missouri Thompsons Harris County Fort Bend County Fo rt Bend Pkwy Fresno Arcola Fort Bend County Brazoria County Pearland TU288 Manvel Pearland Alvin Friendswood 45 Armand Bayou League TU 96 Dickinson TU 3 TU146!( G a l v e s t o n B a y Subject Legend Future Roads K Miles u TXGV Grand wa y TU 35 Galveston County Brazoria County TU 6 La Marque Bayou Vista While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission The Land Advisors Organization. All rights reserved.

3 REGIONAL MAP Kirk Laguarta Duane Heckmann Main St Alvin TU 35 FM 2403 Bellavita at Green Tee South St Beamer Rd Friendswood FM 528 Legend Future Roads Projects Active Conceptual Future Non-Residential K FM 518 FM 2351 West Ranch Gra nd way Galveston County Brazoria County Brittany Magnolia Creek South Shore/Wynne Jackson S C Rekdahl FM 2917 Clear Lake of Bay Area Edgewater Cemetery Rd Johnson Space Center League Calder Dr Victory Bay Colony TU 6 FM 646 FM 1764 FM NASA South Shore Harbor Tuscan TU 96 Dickinson Hughes 45 Land Tejas University of Houston 2004 P kw y Todville Marbella Whispering Hidden Rd Southlake TU 3 Rd FM 517 Central Delany Cove Saltgrass Jack Brooks Crossing 2nd St TU146 Chambers County Galveston County Kemah Development LLC Tract FM 1765 La Marque Broadway St FM 519 Harbor Walk Bayou Vista W e s t B a y 25th St Grand Cay Harbour Loop 197 Tiki Island Subject 6th St Dike Rd Harborside Dr Stew art R d G a l v e s t o n B a y Seawolf Galveston Seawall Blvd Pkwy FM TU 87 G u l f o f M e x i c o 562 Miles u TXGV While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission The Land Advisors Organization. All rights reserved.

4 SURROUNDING DEVELOPMENT MAP Kirk Laguarta Duane Heckmann TU 96 Tuscan Broadway St Victory Southlake Calder Dr FM 1266 Grand way Bay Colony Sunset Dr Deats Rd Nichols Ave Dickinson Hughes Rd FM 517 Kemah Development LLC Subject FM Holland Rd TU 3 TU146 25th St Grand Cay Harbour G a l v e s t o n B a y Land Tejas Central Emmett Tract 25th Ave 14th St University of Houston Delany Cove F Lowry Humble Camp Rd Bay St N FM 1764 Expy Monticello Dr FM 1765 Palmer Hwy 9th Ave Ave 6th St Dike Rd Legend Future Roads Projects Active Conceptual Future Non-Residential K Miles u TXGV Jack Brooks 2004 FM Saltgrass Crossing TU 6 2nd St Fairwood Rd La Marque Bayou Rd FM 519 Bayou Vista Loop 197 While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission The Land Advisors Organization. All rights reserved.

5 SURROUNDING AREA MAP Kirk Laguarta Duane Heckmann FM 517 Ave S Dolphin Cove D i c k i n s o n B a y o u Kemah Development LLC G a l v e s t o n B a y Subject G a l v e s t o n C o m p a n y R e s e r v o i r TU146 Grand Cay Harbour Skyline Dr Attwater Ave Legend 26th St 23rd St 36th Ave Tract 25th Ave Loop th St 25th St 19th St 21st St Levee Rd Projects Active Conceptual Future K th Ave 25th Ave Bay St Ext Miles u TXGV th Ave While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission The Land Advisors Organization. All rights reserved.

6 PROPERTY DETAIL MAP Kirk Laguarta Duane Heckmann Skyline Dr Highborne Cay Ct K Feet u TXGV While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission The Land Advisors Organization. All rights reserved.

7 GRAND CAY HARBOUR MARINA DEVELOPMENT PLAN

8 GRAND CAY HARBOUR TIDE GATE DIMENSIONS

9 GRAND CAY HARBOUR LEVEE MAP

10 GRAND CAY HARBOUR SURVEY

11 INFORMATION ABOUT BROKERAGE SERVICES law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. 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. Regulated by the Real Estate Commission. Information available at 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. Licensed Broker/Broker Firm Name or License No. Phone Primary Assumed Business Name Designated Broker of Firm License No. Phone Licensed Supervisor of Sales Agent/ License No. Phone Associate Sales Agent/Associate s Name License No. Phone Buyer/Tenant/Seller/Landlord Initials Date THE TEXAS REAL ESTATE COMMISSION (TREC) REGULATES REAL ESTATE BROKERS AND SALES AGENTS, REAL ESTATE INSPECTORS, HOME WARRANTY COMPANIES, EASEMENT AND RIGHT-OF-WAY AGENTS, AND TIMESHARE INTEREST PROVIDERS YOU CAN FIND MORE INFORMATION AND CHECK THE STATUS OF A LICENSE HOLDER AT YOU CAN SEND A COMPLAINT AGAINST A LICENSE HOLDER TO TREC - A COMPLAINT FORM IS AVAILABLE ON THE TREC WEBSITE TREC ADMINISTERS TWO RECOVERY FUNDS WHICH MAY BE USED TO SATISFY A CIVIL COURT JUDGMENT AGAINST A BROKER, SALES AGENT, REAL ESTATE INSPECTOR, OR EASEMENT OR RIGHT-OF-WAY AGENT, IF CERTAIN REQUIREMENTS ARE MET IF YOU HAVE QUESTIONS OR ISSUES ABOUT THE ACTIVITIES OF A LICENSE HOLDER, THE COMPLAINT PROCESS OR THE RECOVERY FUNDS, PLEASE VISIT THE WEBSITE OR CONTACT TREC AT: TEXAS REAL ESTATE COMMISSION P.O. BOX AUSTIN, TEXAS (512)

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