2.0 ACRE COMMERCIAL CORNER READY FOR DEVELOPMENT

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754 Avenue H, ROSENBERG, TX 77471 Fort Bend County

2.0 ACRE COMMERCIAL CORNER READY FOR DEVELOPMENT

Hard Corner, Intersection of Spur 529, Ave H and Ave I (FM 1640), Rosenberg, TX Investor opportunity Area Needs Retail Service Utilities at site Driveway in place Traffic: 12,500 cars per day Great commercial/retail site, secure location for storage Zoned commercial. Property not in 100 year flood plain This is a high visibility site and the asking price is below appraisal Sale Price: $3.39 PSF or $295,000 Offers are encouraged Karl Skadowski, Broker TEXAS LANDMAN, INC.

Karl Skadowski, Broker TEXAS LANDMAN, INC.

Rosenberg, Texas Fast Facts 2011 Location:

♦ Total Land Area: 22.3 Sq. miles Residential 35% Parks & Floodways 3% Commercial/Industrial 10% Commercial/Undeveloped 53% ♦ Land in Rosenberg ETJ: 83.5 Sq. mi.

Demographics:

♦ Population: 2000 24,043 (Census) 2008 28,162 (Census) 2009 28,951 (AGS) 2011 30,614 (Census) ♦ Median Age of Population: 28.4 years ♦ Population by age: 4 years and under 10.2% 5 years to 19 years 24.4% 20 years to 59 years 54.1% 60 years and over 11.3% ♦ Total Households: 8,003 ♦ Total Families: 6,144 ♦ Average Household Income: $43,586 ♦ Education Levels: High school or higher 75.8% Bachelor’s degree or higher 14.7%

Education:

♦ Enrollment Lamar CISD: 22,730 ♦ 4A School District ♦ 9 Exemplary Campuses ♦ 10 Recognized Campuses ♦ 34 Campuses; 4 opening 2011 ♦ Student teacher ratio: 15.9 to 1 ♦ 75% of students are college bound ♦ Area colleges and universities: Wharton County Junior College, Texas State Technical College, University of Houston, Rice University, and Houston Baptist University among others

Labor:

Largest Employers:

♦ Private Sector Allied Concrete Engelbrecht Manufacturing AT&T Frito-Lay, Inc. Bass Construction Co. Gurecky Manufacturing Benedettini Cabinetry Murphy Industries Biotics Research National Oilwell Varco, Inc. Bison Building Materials Weatherford Wireline Services BMC West Royalty Metal Finishing, Inc. Camesa, Inc. Seatex, Ltd. CenterPoint Energy Silver Eagle, Inc. Ocusoft, Inc. Texana MHMR Center Elge, Inc. Encapsulite International ♦ Government Sector: Lamar CISD City of Rosenberg Fort Bend County Annex Texas Dept. of Transportation

Development:

♦ Certificates of Occupancy Issued: FY Commercial Residential 2009 93 130 2008 79 171 2007 43 85 ♦ Residential Development: 3,250 Acres currently being developed 3,082 New homes planned since 2003

Transportation:

♦ Located within an hour from Houston Hobby Airport and Bush Intercontinental Airport ♦ Kansas City Southern Railroad, Union Pacific Railroad, & Burlington Northern Santa Fe Railroad ♦ U.S Highway 59, State Highway 36, U.S. Alt 90A, and Spur 10 ♦ 40 miles from Port of Houston and 57 miles from Port Freeport *projected Sources: Census, ACS, Applied Geographic Solutions (AGS), City

♦ Unemployment as of 11/09 8.0% ♦ Future job growth over the next 10 years is projected to be 25.19% ♦ Texas is a “Right to Work” state ♦ Skills Development Fund – Grants Matt Fielder, Economic Development Director 832-595-3330 RosenbergEcoDev.com

Rosenberg, Texas Fast Facts 2009 Housing:

♦ In 2008, the U.S. Census ACS listed the total number of housing units at 8,884 ♦ In 2006, the median home value was listed at $83,832, in 2008 it was $97,300 ♦ The cost of living for Rosenberg is 20.76% lower than the U.S. average

Finance: Growth in Tax Base: ♦ 2009 assessed real estate property values totaled $1,518,312,004 ♦ 2009 Rosenberg local property tax Tax Rate per $100 Assessed Property Value City of Rosenberg $ 0.50000 Lamar CISD $ 1.29765 Fiscal Year

Assessed Value

%Changed from prior

2009

$1,518,312,004

29.5%

2008

$1,171,998,374

18.0%

2007

$992,590,631

12.6%

2006

$881,983,881

12.8%

2005

$781,707,738

7.2%

2004

$729,326,614

8.5%

Fort Bend County $ 0.49976 Total $ 2.29741 ♦ General Fund revenues reported for fiscal year ending September 30, 2009 were $21,094,012 ♦ As of September 30, 2009, tax supported debt was $36,510,000 ♦ The City of Rosenberg has a bond rating of A2 from Moody’s and A+ from Standard & Poors

Utilities: Water & Sewer City of Rosenberg Customer Service: 832-595-3400 Gas Service Center Point Energy: 800-752-8036 Electric Service Texas has deregulated electric service Providers can be found at: www.electricitytexas.com Telephone Service AT&T: 800-288-2020

Recreation:

♦ Seabourne Creek Park-164 acres of ecologically rich passive park and wetlands ♦ Brazos Bend State Park features 4,897 acres of Gulf Coast Plains ♦ The Rosenberg Railroad Museum ♦ The Challenger Learning Center and George Observatory ♦ The George Ranch Historical Park ♦ The Fort Bend Museum ♦ Annual events: Fort Bend County Fair, The Rosenberg Railroad Festival, Family Fourth Celebration, Booberg Halloween Carnival, and Christmas in Rosenberg ♦ 75 miles from Galveston Island ♦ Golf Courses nearby: Rosenberg Golf Center Ft. Bend Country Club Greatwood Golf Club Cinco Ranch Golf Club

Houston Golf Practice Range River Point Golf Course Pin Oak Golf Complex Hermann Park Golf Course

Community Services:

♦ City of Rosenberg: 832-595-3300 ♦ Public Safety: Emergency 911 Police Dept.: 832-595-3700 Municipal Court: 832-595-3450 Fire Dept.: 832-595-3600 ♦ OakBend Medical Center and the new OakBend Williams Way Campus on US-59 ♦ The University of Texas M.D. Anderson Cancer Center ♦ Fort Bend County Library System: 281-342-4455

Historical Buildings:

♦ Charles Harvey Waddell House, home of founder of Fort Bend Telephone Company ♦ Teague-Waddell House sits on what was once known as “silk stocking row” ♦ Trone-Ray-Lane House, located on 1824 Stephen F. Austin land grant and was built as a wedding gift ♦ Robonowitz Building, built by Russian immigrants ♦ First Baptist Church, had the first electric lights updated 11/2009

Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Information About Brokerage Services

B

efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly. IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent. IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License

Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing 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 an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should 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 or 512-465-3960.

01A

EQUAL HOUSING OP P O RT U N I T Y

TREC No. OP-K