Reduced to $392,876 86% of tax value!

Coldwell Banker Commercial Southwest Partners has been retained as the exclusive advisor for the sale of Provident on Ira Lee Road.

Provident on Ira Lee Road spans 3.7+ acres, some heavily wooded with over 420’ frontage on Ira Lee Road backing to a wet weather creek in a newer very upscale and prestigious Northeast San Antonio location.

It is adjacent to ultra luxury high-end townhomes and City owned land with beautiful walking trails.

All 3 schools and the School District serving the property have high GreatSchools ratings. All schools have very high Parent ratings and TEA “Exemplary” or “Recognized” ratings.

Tremendous commuting location: less than 1 mi. to I410 and to the Austin HWY; less than 3 m. to the I35-I410 interchange and to the Airport; and less than 10 mi. to downtown.

Most Census Tract key demographic and econometric indicators significantly outperform: 1-mile radius, 5-minute drive-time, zip code, San Antonio, Bexar County, the San Antonio CBSA, the San Antonio DMA, Texas and the U.S.

Provident is zoned “MF-33” allowing up to 33 homes per acre. With unmatched demographics, extremely low % of homes for sale or in foreclosure, and the location surrounded by luxury town-homes, gated communities, wooded walking trails this may be the best multi-family development opportunity in the San Antonio DMA.

With multiple exit strategies, 3% buyer broker commission and aggressive pricing we expect the property to sell fast.

HIGHLIGHTS

(1) REDUCED to $392,876! 86% tax value

(2) 3.758 acres, some heavily wooded, 420’ frontage close to all schools and a public golf course

(3) Draft architectural site plan for 33 townhomes is included in sale, “as is, where is”

(4) Located in an extremely affluent Census Tract in the affluent and desirable Northeast San Antonio area

(5) Easy commute: 0.5 mi. to I 410, 0.8 mi. to Austin HWY, 1.1 mi. to Harry Wurzbach, 1.9 mi. to I 35 & I 410 interchange, 2.4 mi. to the Airport and 9.9 mi. to downtown

(6) All schools and the School District have high GreatSchools ratings. All 3 schools have very high Parent ratings and TEA “Exemplary” or “Recognized” ratings

(7) Comparing the Census Tract to all micro/macro Benchmarks*, has highest avg.: home values and per capita income

(8) Comparing the Census Tract to all micro/macro Benchmarks*, has highest %: professional and service employees; at least a master’s degree attained; multi-family homes

*Benchmarks are: 1-mile radius, 5-minute drive-time, the 78218 zip code, San Antonio, Bexar County, the San Antonio Core Based Statistical Areas (“CBSA”), the San Antonio Designated Market Area (“DMA”), Texas and the U.S.

KEY LINKS

(9) Word Press flyer: http://bit.ly/Provident-on-Ira-Lee-word-press-flyer

(10) Property website: http://www.cbcmaster.com/Provident-on-Ira-Lee

(11) Coldwell Banker Commercial listing: http://edg199914.local.cbcworldwide.com/cbclistings/4650748.html

(1 2) Lands of Texas listing: www.landsoftexas.com/listing/923030

(13) LoopNet listing: http://www.loopnet.com/lid/16866506

(14) HAR listing: http://search.har.com/engine/900-Ira-Lee-San-Antonio-TX-78218_HAR96967 272.htm

(15) Offering: http://bit.ly/Provident-on-Ira-Lee-Offering

PROPERTY

(1) Acreage. 3.758 acres.

(2) Frontage. 421.48*’ based on survey of entire tax ID.

(3) Depth. 378.48’* at northern edge and 464.13’* at southern edge.

(4) Flood plain. None of the property is in a flood plain as per Owner.

(5) 33 townhome Site Plan. Site Plan for Provident on Ira Lee defined 33 townhomes with a club house and community pool. Draft site plan, “as-is” is included in sale.

(6) Adjacent townhome lots to the north are 51.0’ wide by 82.93’ deep. Assuming a similar width. Assuming the same width, this offering could support 8 townhomes with significantly greater depths ranging from 378’ to 464’.

(7) Estate size lots. Lots in Oakwood Farms across the street from Provident on Ira Lee average 64.25’* width. Assuming a 50% larger lot for an “Estate” size width, you could divide Provident on Ira Lee into 4 estate lots.

(8) Legal.

(a) In City Limits? Yes.

(b) School district. Northeast ISD.

*Estimates by Coldwell Banker Commercial Southwest Partners. All other calculations based on Bexar County Appraisal District unless otherwise specifically defined.

LOCATION

(1) Census tract. Located in an extremely affluent Census Tract in the affluent and prestigious northeast San Antonio area.

(2) I 410 Access Road access. 0.47 miles south of the I 410 Access Road and Ira Lee Road exits.

(3) TX 368 Loop/Austin Highway access. 0.83 miles north of the Austin Highway and Ira Lee Road exits.

(4) Harry Wurzbach Road and Oak Farms Parkway access. 1.1 mi. east of the Harry Wurzbach Road and Oak Farms Parkway exits.

(5) I 35 access. 1.98 mi. southwest of the I 35 and I 410 interchange.

(6) Proximity to schools. 1.4 miles to elementary school, 0.45 miles to middle school and 2.45 miles to high school.

(7) Proximity to San Antonio International Airport. 2.45 mi. southeast of the airport (“SAI”).

TAXES

2010 reported taxes on entire Tax ID are $16,695.11. The tax value for this offering is 94.2229% of the entire tax ID. Calculation: $16,695.11 (taxes on entire tax ID) * .942229 (% tax value of offering / tax value of entire tax ID) = $15,730.61 (estimated taxes on this offering).

Consult your tax advisor regarding your expected taxes.

3% BUYER BROKER COMMISSION

A buyer broker MUST be disclosed with the buyer’s first communication to be eligible for the buyer broker commission.

A buyer broker does NOT have to accompany their buyer to any showings.

CONTACT INFORMATION

Call 1.979.421.9996 to set up an appointment, request additional information or answer any questions.

GRAPHIC ANALYSIS

All analysis is based on defined and published sources. Unless otherwise noted, all demographic and econometric data is from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI.

Most annual % change estimates are based on our proprietary models.

There are 1,689 underlying PDF sets. All are available on the property website or on request.

There are 37 property and area links. All are available on the property website, in the offering narrative or on request.

DISCLOSURES & COPYRIGHTS

Coldwell Banker Commercial Southwest Partners is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.