Circle Oak

COMMERCIAL LAND FOR SALE

LOCATION
NEC & SEC corners of I-69/US 59 & FM 762

DEMOGRAPHICS
Population (2023 Estimate) 1 Mile Radius: 9,780 3 Mile Radius: 66,535 5 Mile Radius: 133,172

Average HHI (2023 Estimate)
1 Mile Radius: $ 101,919
3 Mile Radius: $ 96,372
5 Mile Radius: $ 102,735

Traffic Counts (Cars Per Day)
US 59/I-69: 112,060 VPD, FM 762 N of US 59-/I-69: 21,968 VPD, FM 762 S of US 59/I-69: 18,190 VPD

Taxing Entities Include:
Lamar ISD, Fort Bend County, MUD, LID

Located at the key intersection of US 59/I-69 and FM 762 and minutes from the Grand Parkway/Highway 99 (4 minutes) and Sugar Land (12 minutes).
Extensive freeway frontage with approximately one mile on each side of the freeway with five fully negotiated TXDOT access points.
The population within one mile of Circle Oak has increased by nearly 300% since 2010. The average household income in the immediate area is over $105,000, with 55% holding 4-year college degrees.
Future development will capitalize on the property’s unique topography, water features and heritage oak trees.
Newly constructed 100,000 sf H-E-B Richmond Market on Circle Oak Parkway is open for business. On the South Parcel, a major infrastructure project has been completed to accomodate an additional 30 avres through access roads connecting FM 762 with the I-69 frontage road, enhanced signage, lanscaping and regional drainage. Furthermore, Allen Harrison is under construction with The Ryon featuring 348 multifamily units with a grand opening targeted for the first quarter 2024 and Kelsey Seybold is under construction with a three story medical clinic.

Property is located within MUD 207, MUD 144 and LID 6, allowing for potential public infrastructure reimbursement opportunities.
Future development will capitalize on the property’s unique topography, water features and heritage oak trees
Located next to Brazos Town Center, encompassing approximately 2,000,000 sf of retail, dining, hospitality, entertainment and residential uses. Ranked 30^th among top 50 largest shopping malls in the US.
TXDOT is in the process of expanding I-69 to accommodate increased traffic.
No zoning.

Vice President of Commercial Development

5005 Riverway, Suite 500
Houston, TX 77056

Tel: 713-960-9943

matt@1313corpp.com