TOP MONEY INVESTMENT SOLUTIONS Presents: The Rio Vista Commercial Development Project

Property Profile

This project is located on the northern boundary of the City of Rio Grande City, Texas on the west side of F.M. 755. The Texas Department of Transportation (TxDOT) is planning to build a bypass of U.S. Highway 83 north of the existing city, which will cross F.M. 755 just south of the entrance to this project and skirt in and out of the project along the south side. An intersection is designed at F.M. 755.  This bypass will divert more than 32,000 vehicles a day driving on Highway 83 in both directions to this project.

The U.S. Customs Department, Immigration & Naturalization is planning in the very near future to open the Camargo International Bridge for 24 hours a day commercial traffic to and from Mexico. This is the busiest port of entry in the area and the growth in traffic and values of goods crossing at this point has been on a steady increase for years.

To accommodate the new traffic levels and reroute the commercial truck traffic out of the heart of the city, a reroute of F.M. 755 east of the city and extending from the existing bridge crossing is being planed.  This new route will reconnect with the northern route of F.M. 755 just south of this project.  Existing on site is the temporary Starr County campus of the University of Texas-Pan American.

Rio Grande City is bounded by the Rio Grande River on the south, a federal wildlife refuge on the east, and by the City of Roma on the west.  This leaves only the north for expansion and growth. The Los Olmos Creek on the north side of the existing city creates a natural barrier for adjacent growth to the existing urban area.  The west side of the city along  F.M. 3167 is a flood plane, making it much more difficult and costly for extensive commercial and industrial development.

 

 

 

 

 

 

This area is at the geographical center for commercial, employment, shopping, and entertainment to service the surrounding cities on both sides of the Texas-Mexico border, as well as the most convenient locations for  Monterrey,  Mexico residents and supplies wishing to do business or spend leisure time in the U.S.

Unfortunately, for the population on both sides of the border in this region, existing  Rio Grande City, while boasting numerous historical buildings, lacks the adequate modern facilities and services to provide shopping, entertainment, and commercial services to fill the needs of additional consumers.  They are forced to drive to McAllen nearly 50 miles away, spending their time and gas as well as their money somewhere else.

This location and this project as envisioned provides the means to fill that void, shorten the trip, save the gas, and add to the local economy.  Enhancing the project’s viability as the unique locations to fulfill this need, is the bypass, the F.M. 755 reroute, the 24-hour bridge crossing, and being in the path of the only direction for new growth.

Our client is offering 342.84 acres for $42,600,000.00.  We would also entertain an arrangement with the buyers for us to continue with our development plans including the land they purchase on a joint venture.
As an option we will consider selling the entire 483.02 acres for $60,000,000.00.  A portion of the purchase funds will be used to improve the nearly 2 miles of Rio Vista Blvd. which will increase the property value almost 200%.
Please feel free to contact us to discuss this further and be sure and review our website: http://tmis1.webs.com/
Complete details of the development will only be discussed with interested principles.
Once the Principles have reviewed the project; they will be introduced & given complete unrestricted access to the sellers to commence negotiations.
Thank you for your interest & assistance. I look forward to working with you.
Calvin Butler; President 
(850)570-6479 or (850)297-9242
 

 

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