Description: This ranch is in the path of Laredo growth. Rolling hills, valleys and creeks gives this property beautiful panoramic overviews of its land, the Rio Grande River and Mexico. This location provides a prime opportunity for a mixed use development which is currently underway. Two Light Industrial Parks are under contract to start early 2015. There are commercial opportunities close to Mines Rd. the land is prime for multi family development, residential Hugh, medium, and low density as well as town homes. The infrastructure is underway with proposed utility easements for the SombreretilloWastewater Treatment Plant to be built on premises during 2015 as well as many existing miles of farm unpaved roads. The property has a fully functional Ranch house located on a hill as well as other rural structures available to store machinery and equipment. There is a pumping infrastructure by the river constructed of concrete which provides water for farming irrigation and ranch consumption.
The Laredo Long Range Thoroughfare Plan includes the following:
* A minor arterial (90ft. ROW) is proposed to cross the ranch running
parallel to the river to connect the ranch roads to Laredo and Mines Rd.
* A major arterial (120 ft. ROW) is proposed is called Verde Rd. which will
connect Mines Rd. in front of the ranch to IH-35.
The area where the Emerald Riverview Development LTD is located is between the World Trade Bridge and the Colombia Solidarity Bridge, the major trade corridors to Mexico in Laredo. The area is home to over thirty major trade industrial parks and free trade zones of the City of Laredo including: InteramericanIndustrial Park, Pan-American Industrial Park, KillamIndustrial Park, InteramericaDistribution Park, El Portal Industrial Park, QuiviraProject and Millennium Park. This area doesnt have enough housing for the individuals that work in this part of Laredo. There is a need and demand for low, medium and high density housing developments, including multi family. Demand is there for commercial development that will support the demographics of the area's labor force. These individuals work in solid industries such as law enforcement, NSA, U.S. Customs, and DEA. Many highly skilled workers employed by the industrial complexes and Freetradeinclude truck drivers, teachers, management, inspectors, etc.
Laredo Economic Trend: Laredo is the primary land port between Mexico and the U.S. through Texas and its economic trend is growing due to ever increasing commerce. Infrastructure improvements have been significant to include road expansions, additional schools, new energy sources such as oil and gas shale and wind energy.
Retail sites are booming along Bob Bullock Loop 20. An outlet mall shopping center and a new mall on 79 acres across from the International Airport are both under construction. Laredo is absorbing over 1000 new homes per year, and there are very low inventories of finished lots to keep up with the demand. Industrial permits increased from 2012 to 2013 by 334%. Single family housing permits increased by 9.1% and the latest reports indicate area unemployment is below 6%.
The overall development of Laredo has continued to improve at about the same rate for the last three years and is starting to influence the north west
area along Mines Rd. Select Energy Services has pledged $6,000,000. in capital improvements on Mines Rd. Armadillo Homes is developing single
family homes west of Muller Memorial Blvd.
Schools in the area:
United Independent School District
Zoning: All of the ranch is located in the Extra Territorial Jurisdiction (ETJ) of the City of Laredo. There is a band adjacent to Mines Rd. that is in the city Limits that can be developed for commercial purposes. All land is under Agricultural valuation and its zoning needs to be determined according to
the development desired. The City of Laredo will annex any development that will happen on this ranch. Developers will need approval from the City
of Laredo and meet their planning and zoning regulations. The 2010 existing land usage is E1-FarmRanch improv
Utilities: All entitlements have to be verified with the Utilities Department of the City of Laredo.
Prospective Buyers should use a professional to closely examine the availability and capacity of the utilities to the property to determine if they
are suitable for the Buyers intended usage.
Price: The ranch if purchase in its entirety is $14,358 per acre, for 1230 acres. Price per acre is higher if subdivided.
Location: The ranch is located north west of the City of Laredo extraterritorial jurisdiction (ETJ). It has frontage on Mines Rd (FM 1472) to the east and extends to the Rio Grande river to the West. It is between La BotaRanch and the Pan-American Business Park on the south and the Pico Ranch on the north. IH-35 is only 4.7 miles away and it is just 3.4 miles to Bob Bullock Loop (Loop 20).
To get to the from IH-35 exit Loop 20 (Bob Bullock Loop) west. Turn right on Mines Rd (FM 1472) and go 3.4 miles. Property will be on the west side. The entrance will be located on your right after you make a U turn. Another entrance can be reached by taking Pan American Street through the Industrial Park. Turn right on Atlanta St. and then left on QuiviraSt. to the end where you will see a gate.
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.