PROPERTY DESCRIPTION SUP approval and plans for recreational facility. Buyer can also develop other neighborhood service type facilities. PROPERTY HIGHLIGHTS ±0.96 Acres strategically located off Marsh Lane with immediate access to President George Bush Turnpike Zoned Neighborhood Service (see zoning ordinance: https://drive.google.com/file/d/182Tax6ncNL2i10nhRBUKUClaT07ejt1g/view? usp=drive_link) Fully Approved Site Plan for a ±16, 000 SF metal building (max 23’ height) with 34 parking spaces Significant entitlement advantage — saves ~12 months of permitting timeline

Highlights:
• Sale Price: $1,250,000.00
• Lot Size: 0.964 Acres
• TOTAL PROJECT COST: $2,950,000
• LAND ACQUISITION: $1,200,000
• CONSTRUCTION: $1,750,000 ($109/SF)
• PROJECTED VALUE (STABILIZED): $4,571,000
• PROJECTED RENT: $20/SF ($320,000 ANNUALLY)
• NET CASH FLOW: $128,781
• CASH-ON-CASH RETURN: 21.8%