DEVELOPMENT LAND FOR SALE

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1 DEVELOPMENT LAND FOR SALE For more information contact: H. BLAND CROMWELL, CCIM, SIOR (Office) / (Cell) blandcromwell@coldwellbanker.com JIM STEWART, REALTORS 500 North Valley Mills Drive Waco,Valley TexasMills North Drive Waco, Texas The information contained herein is derived from sources deemed reliable, but no warranty or representation is made or assumed for the accuracy The information herein is derived sources deemedchange reliable, no rental warranty or representation is made or or assumed the accuracy thereof and thecontained same is submitted subject from to errors, omissions, ofbut price, or other conditions prior to sale lease orfor withdrawal Thethereof information contained is derived from sources deemed change reliable,of but no warranty representation is made or assumed forwithdrawal the accuracy same is herein submitted subject to errors, price, rental oror other conditions prior to sale or lease or or without notice.and In the accordance with the law, this property isomissions, offered without respect to race, color, creed, sex, national origin, physical familial status. thereof and the same is submitted subject to errors, omissions, change of price, rental or other conditions prior to sale or lease or withdrawal without notice. In accordance with the law, this property is offered without respect to race, color, creed, sex, national origin, physical or familial status.

2 I-35 Development 350± Acres For more information contact: H. BLAND CROMWELL, CCIM, SIOR (Office) / (Cell) blandcromwell@coldwellbanker.com JIM STEWART, REALTORS 500 North Valley Mills Drive 500 North Valley Mills Drive Waco, Texas The information contained herein is derived from sources deemed reliable, but no warranty or representation is made or assumed for the accuracy The information herein is derived sources deemedchange reliable, no rental warranty or representation is made or or assumed the accuracy thereof and thecontained same is submitted subject from to errors, omissions, ofbut price, or other conditions prior to sale lease orfor withdrawal Thethereof information contained is derived sources deemed change reliable,of but no warranty representation is made or assumed forwithdrawal the accuracy and the same is herein submitted subjectfrom to errors, omissions, price, rental oror other conditions prior to sale or lease or thereof and the same is submitted subject to errors, omissions, change of price, rental or other conditions prior to sale or lease or withdrawal without notice. In accordance with the law, this property is offered without respect to race, color, creed, sex, national origin, physical or familial status.

3 Executive Summary EXECUTIVE SUMMARY: This 350± acre tract of land is located on the northeast corner of Interstate 35 and State Highway 6 (Loop 340) in Waco, Texas. The property is ideal for a mixed-use development within what is considered one of the fastest growth corridors in Waco. The intersection primarily consists of retail and commercial development, including Central Texas Marketplace, a regional power center, and a Legends Crossing, a mixed-use development anchored by Baylor/Scott & White Healthcare System. DEMOGRAPHICS: As of the 2010 census, the population within the city limits of Waco was 124,805 people. The population consists of 25.4% under the age of 18, 20.13% from 18 to 24, 25.0% from 25 to 44, 16% from 45 to 65 and 13.4% who are 65 years of age or older. The median age was 28 years and the median household income was $33,919. Source: US Census FRONTAGE: 4,700 ft. Interstate 35 Frontage Road 5,100 ft.-sh 6/Loop 340 Frontage Road (i) This is one of the top three traffic count locations in McLennan County. Source: (i) Waco EDC ZONING / PERMITTED USES: The property is governed by the City of Waco zoning ordinance. The property is zoned Community Commercial District (C-2), Office District (O-1), and Office-Residential District (O-2). UTILITIES: The property is well-served with utilities having water along the north boundary and significant on-site wastewater infrastructure. The property is bisected by the Brazos River Authority Cottonwood Creek interceptor. FLOOD PLAIN: Most of the property is located in Zone X; however, a small portion lies with Zone A (100-Year Flood Plain), according to the Flood Insurance Rate Map Panel No s. 4809C0370C and 4809C0535C (Sept. 2008). TAXES: The property consists of four parcels totaling ±350 acres. The total property tax was $2, in The property is currently AG exempt.

4 Strengths, Opportunities, Threats STRENGTHS Over 3,242 frontage on I-35 Proximity to Baylor University Centrally located in the expanding growth corridor along I-35 Surrounding retail, commercial, and residential development. High visibility-i-35 and Hwy 6 OPPORTUNITIES Surrounding land deed restriction-southeast corner of I-35 and Hwy 6 is restricted for industrial development Potential widening of Hwy 6 Capitalize on the growth in Waco THREATS/WEAKNESSES Utilities need to be brought under I-35

5 Area Highlights Recent Retail Expansion-150,000 sf For Phase II of Central Texas Marketplace Baylor University-16,232 total enrollment, 1,082 professors, prominent University in The state of Texas-Located only a few miles north of the property Baylor/Scott & White Hospital-14,000 Employees, 1,200 physicians and scientists, and is the primary clinical teaching facility\to more than 300 medical residents and fellow in training at the Texas A & M Health Science Center College of Medicine Deed Restriction-The SEC of I-35 and Hwy 6 is owned by the City of Waco and deed restricted to Industrial; therefore, allowing the Property to focus on Commercial and Residential development Subject: 350± Acres Deed Restricted for Industrial

6 Traffic Counts 174,568 cars/day Subject: 350± Acres 40,448 cars/day Loop ,568 cars/day 117,250 cars/day 181,252 cars/day

7 Location Map WACO Conveniently located on I-35 at State Highway 6.

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