COMMERCIAL LAND FOR SALE

Circle Oak

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

Development Highlights

  • 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 30th among top 50 largest shopping malls in the US.
  • TXDOT is in the process of expanding I-69 to accommodate increased traffic.
  • No zoning.
View Available Commercial Tracts Map
Matt Lau

Contact

Matt Lau
Vice President of Commercial Development

5005 Riverway, Suite 500
Houston, TX 77056

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