| 485.66+/- Acres for Mixed Development |
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| Aerial - From the East to West |
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| Aerial- From the North to South |
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Property Size: 485.66 acres including 50.5 acres of commercial land with highway frontage on Hwy 83. 435 acres is currently being re-zone as Commercial and Industrial land.
Price: Reduced to $8,000,000.00 based on MAI Appraisal dated 12-02-10 at $9,000,000.00
Property Detail: Property is intended to be a residential development already developed and the master plan has preliminary approvalfrom the City of Laredo. In addition, Phase II of the master plan also has preminary aprroval and amenities includes water, sewer, Natural gas, Telelepnone, fiber optic, 3/4 of mile Boulevard with side walks, Salvador Garcia Middle School and a regional sewer treatment plant with ability to service 2000 acres.
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Property Location: Property is located on Hwy 83, inside the Laredo City limits in Webb County, Texas, four miles from a new Walmart. Property is in South Laredo. Property is on the west-side of Hwy 83, approximately 8 miles south of Loop 20 (Bob Bullock freeway) and the Hwy 83 intersection. Property is 12 miles from downtown Laredo.
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