For Sale ±0.42 Acres (±18,332 SF) Redevelopment Opportunity West Dallas East of Taft Prime Inner Loop 1712 W. Dallas St Houston, Texas 77019 For more information, contact: Simmi Jaggi Senior Vice President 713.888.4098 simmi.jaggi@am.jll.com Elizabeth Clampitt Vice President 713.888.4075 elizabeth.clampitt@am.jll.com
1712 W. Dallas Street The available property located along West Dallas is surrounded by Houston s most desirable places to live with Midtown and Houston s Central Business District where Houston Theatre District, Discovery Green Park, Minute Maid Park and Toyota Center are all located to the east of the property. River Oaks and Upper Kirby are to the west of the tracts and Rice Military and Buffalo Bayou are located to the North. The 52-mile slow-moving waterway, known as Buffalo Bayou, has become a destination for outdoor recreation near downtown Houston. It remains in its natural state and contains an incredibly diverse urban ecosystem supporting dozens of native species of flora and fauna. Buffalo Bayou Park offers 160 acres of beautiful scenary and skyline views, artwork, a nature play area, the go-to dog park in the city, hike and bike trails, and gathering places for visitors to enjoy outdoor activities as well as live, artistic performances. Stretching from Shepherd Drive to Sabine Street between Allen Parkway and Memorial Drive, it is fulfilling its potential as one of the country s great urban parks. Dubbed as the largest urban park in Texas, Houston s 1,503-acre Memorial Park, includes Texas top-rated municipal 18-hole golf course, as well as facilities for tennis, softball, swimming, track, croquet, volleyball, in-line skating, cycling, and a popular three-mile running course. In addition to the many trails, the park is host to several softball/baseball fields, as well as a soccer/football field. The park is also host to Houston s annual Bayou City Art Festival. Other nearby attractions include the Houston Arboretum, the Nature Center and the Bayou Bend Collections and Gardens. Property Features The property is located on West Dallas just east of Taft in a highly trafficked urban area. The sites offer a unique opportunity obtain frontage on West Dallas, one of the main connecting arteries into downtown. The site offers excellent regional access via Allen Parkway, Memorial Drive, and I-45, and is walking distance to newly-expanded 160-acre Buffalo Bayou Park, with the ease of access, the sites are minutes away from River Oaks, Midtown, Downtown, the Galleria and more. West Dallas showcases amazing downtown Houston views. Strong home values and a thriving urban population support the growing restaurants, bars, retail and residential growth in the immeidate vicinity. Regent Square, a four million square foot mixed-use development is located at W. Dallas and Dunlavy St. with apartments already up and Alamo Draft House coming soon. JLB Partners is building Axis apartments at Montrose and W. Dallas. Other apartment developments include Alliance Residential developing Broadstone Tinsley Park apartments at W. Dallas and Bailey, and Broadstone Skyline at W. Dallas and I-45. New townhomes along W. Dallas were delivered in 2015 and because of the demand, more are under construction. Highly visible urban site along West Dallas Available for sale Great location for retail or medical use ±0.42 acres or ±18,332 SF Demographics 1 Mile 3 Miles 5 Miles Estimated Population 24,782 186,348 435,120 Average Household Income $106,382 $109,659 $102,744 Median Age 33.2 35.6 35.0 Source: US Census Bureau. 2016 Esri forecast. Traffic Counts Vehicles Per Day Washington Avenue west of Durham Drive 15,840 Washington Avenue east of Durham Drive 19,840 Memorial Drive west of Shepherd Drive 31,620 Memorial Drive east of Shepherd Drive 35,530 2011 24-Hour Traffic Counts. TXDot. *Dimension measurements are approximate
Development Opportunity Among Houston s Most Popular Areas Midtown The trendy Midtown neighborhood, just south of Downtown, offers a range of restaurant opportunities, energetic nightlife options and boutique shopping that attracts a bevy of young professionals to the area. There, loft-dwellers share vistas of the Downtown skyline to the north and view of the Museum District s century-old oaks to the south. On Saturday mornings, locals flock to the area for spectacular brunch options or gallery hoping at one of the 24 art venues located in this diverse community, but after the sun goes down, pretty young things return for nights at Midtown s live music venues, dance clubs and dive bars. Montrose Southeast of the site is Montrose. Developed in 1911, the foursquare-mile area is a pocket of eccentricity and diversity in the heart of the city. Spend an afternoon perusing one of Montrose s art galleries, grab a bite at a local café or find one-of-a-kind treasure at an offbeat shop along the Westheimer Curve. Houston CBD Downtown Houston, home to pro-sports teams like the Astros and Rockets, as well as year-round resident companies in all the major performing arts. Thanks to recent efforts to develop the area s culinary and nightlight scene, Downtown enjoys a following that extends beyond the 9 to 5 hours. Head over to the Market Square Park area, where classic bars like La Carafe mix with newcomers like the OKRA Charity Saloon. Catch a show or enjoy a night out at GreenStreet, a four-block, mixed-use entertainment complex. While you re in the area, swing by the 12-acre Discovery Green for live music, fitness classes and (in the winter) ice-skating on Kinder Lake. River Oaks River Oaks lies just west of the site and contains some of the most coveted (and expensive) real estate in the city. But it s not only the mansions that draw onlookers; there are plenty of boutiques, restaurants and art galleries that give the inner-loop spot its character. At the River Oaks Shopping Center, restaurants and retail live alongside the historic River Oaks Theatre the oldest working theater in the city.
77009 77008 $220,000 - $1,450,000 $291,293 - $1,600,000 77007 $236,087 - $1,549,000 SITE 77019 $452,000 - $17,900,000 77006 $267,000 - $2,350,000
Columbus Street ro cker Stree ee aft St Rhode Place Park Trail Vista n S s C us t sta D Way For Sale ±0.42 Acres (±18,332 SF) Redevelopment Opportunity West Dallas East of Taft Prime Inner Loop 1712 W. Dallas St Houston, Texas 77019 Buffalo Bayou Park Allen Parkway Frontage Road Eleanor Tinsley Park Buffalo Terrace Temple Dr G illette Stree t Bayou Oaks Vista Dr Allen Parkway Fro Vi P ark r West McKinney Street West Lamar Street Robita St 1712 W. Dallas Street Bluebo West Dallas Street West Saulnier Street Saulnier S West Polk Street Matthews Robin Str Andrews S Montrose Boulevard C t S tanford Str t West Bell Street West Pierce Street T t ree G illette Stree t W ilso t Victor Street Street Ruthven S Cleveland hing S Mas ese G en O'Neil Street West Gray St ew M atth S For more information contact: Simmi Jaggi Senior Vice President 713.888.4098 simmi.jaggi@am.jll.com Elizabeth Clampitt Vice President 713.888.4075 elizabeth.clampitt@am.jll.com