482 Acre Mixed Use Texas Development for Sale "$75,000,000.00" Or BEST OFFER

[Calvin Butler]

Sellers Are Extremely Motivated To Sell & Will Consider Owner Financing.
Price, Terms & Conditions are negotiable

DOG Development LLC is the owner of the Rio Vista Commercial Development located in Rio Grande City, Starr County, Texas.

The property consists of Phase 1 79.60 acres and Phase 2 406.45 acres, totaling 486.05 acres through which runs approximately 2 miles of Rio Vista Blvd.

Rio Vista Blvd is a 100 foot wide right of way; Phase 1 - 9.66 acres and Phase 2 - 11.78 acres which totals 21.44 acres already dedicated to the city.

 

Currently the city has no master zoning laws and any type of use can be built subject to city approval (i.e. a business selling alcohol has to be 1000 feet from a school, etc.).

 

El Tanque water district has completed installing a water main the full length of Rio Vista Blvd.
A new high school is breaking ground 1 mile north of our project on F.M. 755.

Tex DOT is underway with the environmental studies for construction of a by-pass of U.S. Highway 83 north of the city and that will create an on-off intersection with F.M. 755 just south of our project entrance.

 

In addition Tex DOT is scheduling the start of construction of a reroute of F.M. 755 from the existing U.S. Highway 83 with a route around the city and intersecting with the planned Highway by-pass on-off intersection just south of our entrance.

 

These two transportation upgrades will direct significant regional traffic to the entrance of our development.

Full project details can be reviewed at our website: http://tmis1.webs.com/

Estimated Capital Investment Thus Far
Land purchased $420,000
Improvements $694,500
Land donations to;School Board, City, Church, Battered Women's Facility totaling approximately 20 acres valued at $3,640,000 Total personal capital invested $4,754,500.00

Total Scope of The Development Project; Other Relevant Documents:

Rio Vista Commercial Development Conceptual Land Use Plan http://tmis1.webs.com/RIO_VISTA_COMMERCIAL_DEVELOPMENT_CONCEPTUAL_L...

Rio Vista Commercial Development Job Creation Domino Effect

http://tmis1.webs.com/Rio%20Vista%20Commercial%20Development%20Job%20Creation%20Domino%20Effect.pdf

Rio Vista Theme Park Attendance Data

http://tmis1.webs.com/Rio_Vista_Theme_Park_Attendance_Data-3%5B1%5D.pdf

Rio Vista Commercial Development Amphitheater http://tmis1.webs.com/RIO_VISTA_COMMERCIAL_DEVELOPMENT_AMPHITHEATER_PROJECT-3.pdf

Rio Vista Guaranteed Success

http://tmis1.webs.com/Rio_Vista_Guaranteed_Success-7%5B1%5D.pdf

We are seeking offers, to purchase 482 acres of phase 1 & 2 "Listed Price: $75,000,000 from any interested buyers.
All reasonable offers will be considered. Complete design plans for a proposed mixed use development project are included.
Note: There Are No Zoning Restrictions & The Property is Cleared For Mixed Use.    
Price, Terms & Conditions are negotiable

Full project details can be reviewed at our website: http://tmis1.webs.com/

 

Agents, brokers and consultants referring interested buyers/principles will be paid a referral fee in the amount of "1.5% of the final negotiated cash sale price" By the consulting firm “1^st Choice Financial Consultants”; AKA, “FCFC” for the referral of any interested principle(s)/Buyer(s) who completes a final closing purchase price. In the event of an owner financed sale the referral fee will be "1.5% of the 25% down payment".

Please review the attached "Conditions of Sale document below. We've also attached a blank Offer to Purchase Agreement if you wish to present an offer.

 All offers should be forwarded to the offices of:

1st Choice Financial Consultants
541 East Tennessee Street Suite120
        Tallahassee, Fl. 32308
        Office: 850-297-9242
         Cell: 850-570-6479

Email: [e-mail]        

Conditions of Sale Doc.