ale e warehou se · jensen dr t t t t t buffalo bayou eado shops at navigation 200 unit apts 244...
TRANSCRIPT
Property Features
http://www.spinterests.com
The information herein has been obtained from sources believed reliable, however, S & P Interests, LLC does not guarantee, warranty or make any representations to the completeness or accuracy thereof. The information pertaining to this property is subject to errors, omissions, change of price, or conditions, prior to sale or lease, or the withdrawal of this offer without notice.
Demographic Summary:
Radius 1 Mile 3 Mile 5 Mile
2016 Population 13,802 153,439 386,602
2021 Population Est. 14,965 166,031 418,892
Avg HH Income $33,101 $37,834 $48,077
Households 4,815 51,856 147,669
401 N Velasco St, Houston, TX 77003
Dan [email protected]: 281.919.4886Vice President
Rorik [email protected]: 281.968.5019Associate
CBD
N
Commerce St
FOR SALE -
• Location: 401 N Velasco St, Houston, TX 77003
• Improvements: + 62,814 SF Office Warehouse with Sprinklers
• Loading: Five (5) 10’ x 10’ Dock High Doors Two (2) 12 ‘ x 14’ Overhead Grade Level Doors
• Land Size: + 70,000 SF or 1.6 AC
• Excellent opportunity for an industrial/warehouse user or for redevelopment in the heart of east downtown (EADO)
• Ingress & Egress from N Velasco St & Navigation Blvd
• Asking Price: $1,628,730 or $25.90/SF to improvements
Canal St
Land: +/- 70,000 SFBldg: +/- 62,814 SF
N Live Oak St
Jensen Dr
Engelke St
N St Charles St
Nagle St
N Ennis St
Middle StBUFFALO BAYOU
EADO Shops at Navigation
200 Unit Apts
244 Unit Apts
375 Unit Apts
New Townhomes311 Unit Apts
N Velasco
Navigation Blvd
N Palmer St
Nolan St
MIDTOWN
EAST DOWNTOWNOFFICE WAREHOUSE
http://www.spinterests.com
The information herein has been obtained from sources believed reliable, however, S & P Interests, LLC does not guarantee, warranty or make any representations to the completeness or accuracy thereof. The information pertaining to this property is subject to errors, omissions, change of price, or conditions, prior to sale or lease, or the withdrawal of this offer without notice.
For Sale
Dan [email protected]: 281.919.4886Vice President
Rorik [email protected]: 281.968.5019Associate
Survey
401 N Velasco StHouston, TX 77003
http://www.spinterests.com
The information herein has been obtained from sources believed reliable, however, S & P Interests, LLC does not guarantee, warranty or make any representations to the completeness or accuracy thereof. The information pertaining to this property is subject to errors, omissions, change of price, or conditions, prior to sale or lease, or the withdrawal of this offer without notice.
For Sale
Dan [email protected]: 281.919.4886Vice President
Rorik [email protected]: 281.968.5019Associate
Plat Map
401 N Velasco StHouston, TX 77003
Harris
County
Appraisal
District
Harris
County
Appraisal
District ®
DETAIL MAP OF ACCOUNT NUMBER
0 260 520130
Feet
Date: 11/10/2016
401 N Velasco
Geospatial or map data maintained by the Harris County Appraisal District is for informational
purposes and may not have been prepared for or be suitable for legal, engineering,
or surveying purposes. It does not represent an on-the-ground survey and only represents
the approximate location of property boundaries.
B efore working with a real estate broker, youshould know that the duties of a brokerdepend on whom the broker represents. Ifyou are a prospective seller or landlord
(owner) or a prospective buyer or tenant (buyer), youshould know that the broker who lists the property forsale or lease is the owner’s agent. A broker who actsas a subagent represents the owner in cooperationwith the listing broker. A broker who acts as a buyer’sagent represents the buyer. A broker may act as anintermediary between the parties if the partiesconsent in writing. A broker can assist you in locatinga property, preparing a contract or lease, or obtainingfinancing without representing you. A broker isobligated by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by enteringinto an agreement with the owner, usually through awritten - listing agreement, or by agreeing to act as asubagent by accepting an offer of subagency from thelisting broker. A subagent may work in a different realestate office. A listing broker or subagent can assistthe buyer but does not represent the buyer andmust place the interests of the owner first. The buyershould not tell the owner’s agent anything the buyerwould not want the owner to know because anowner’s agent must disclose to the owner anymaterial information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by enteringinto an agreement to represent the buyer, usuallythrough a written buyer representation agreement. Abuyer’s agent can assist the owner but does notrepresent the owner and must place the interests ofthe buyer first. The owner should not tell a buyer’sagent anything the owner would not want the buyerto know because a buyer’s agent must disclose to thebuyer any material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between theparties if the broker complies with The Texas RealEstate License Act. The broker must obtain the written
intermediary. The written consent must state who willpay the broker and, in conspicuous bold or underlinedprint, set forth the broker’s obligations as anintermediary. The broker is required to treat eachparty honestly and fairly and to comply with TheTexas Real Estate License Act. A broker who acts asan intermediary in a transaction:
(1) shall treat all parties honestly;(2) may not disclose that the owner will accept aprice less that the asking price unless authorized inwriting to do so by the owner;(3) may not disclose that the buyer will pay aprice greater than the price submitted in a written offerunless authorized in writing to do so by the buyer; and(4) may not disclose any confidential information orany information that a party specifically instructs thebroker in writing not to disclose unless authorized inwriting to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.
With the parties’ consent, a broker acting as anintermediary between the parties may appoint a personwho is licensed under The Texas Real Estate LicenseAct and associated with the broker to communicatewith and carry out instructions of one party andanother person who is licensed under that Act andassociated with the broker to communicate with andcarry out instructions of the other party.
If you choose to have a broker represent you,you should enter into a written agreement with thebroker that clearly establishes the broker’s obligationsand your obligations. The agreement should statehow and by whom the broker will be paid. You havethe right to choose the type of representation, if any,you wish to receive. Your payment of a fee to a brokerdoes not necessarily establish that the brokerrepresents you. If you have any questions regardingthe duties and responsibilities of the broker, youshould resolve those questions before proceeding.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant Date
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://trec.texas.gov)
TREC No. OP-K
Information About Brokerage Services
Approved by the Texas Real Estate Commission for Voluntary UseTexas law requires all real estate licensees to give the following information about
brokerage services to prospective buyers, tenants, sellers and landlords
10-10-11