INTERNATIONAL REAL ESTATE FOR SALE. 52-ACRE DEVELOPMENT OPPORTUNITY 3500 Foxfire Lane, Grapevine, TX CALL FOR OFFERS

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1 FOR SALE 52-ACRE DEVELOPMENT OPPORTUNITY 3500 Foxfire Lane, Grapevine, TX CALL FOR OFFERS O F F E R I N G M E M O R A N D U M

2 OFFERING MEMORANDUM THIS IS AN OFFERING MEMORANDUM intended for buyers interested in the property located at 3500 Foxfire Lane, Grapevine, TX as more particularly described here-in ( Property ). This memorandum contains information pertaining to the Property s seller and has been prepared by BRAUN, ( BRAUN ). Although the seller has reviewed this memorandum, it does not purport to be all-inclusive or contain all of the information that a potential investor may desire. Neither the seller, nor any of its members, officers, directors, employees or agents, nor BRAUN, nor broker, make any representation or warranty, expressed or implied, as to the accuracy or completeness of any of the information contained herein. The seller, BRAUN and broker disclaims any liability which may be based on such information, errors therein, or omissions therefrom. All financial data contained herein is unaudited. The information contained herein represents estimates based on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that the actual results will conform to such projections. There is no representation as to environmental condition of the property, or as to any other aspect of the property. PAGE 2

3 1 Property Overview 2 Market Overview 3 Sale Information x9101 BraunCo.com 1230 Rosecrans Ave. Suite 160 Manhattan Beach, CA FAX: Los Angeles San Francisco New York Milwaukee Cleveland San Diego Monterey BRE # Texas LIC #

4 The Property Foxfire Lane, Grapevine, TX PAGE 4 Information Sale Information Market Overview Property Description

5 HOPE RANCH PROPERTY INFORMATION Location: 3500 Foxfire Lane, Grapevine, TX Lot Size: acres Currently zoned commercial/recreational Adjacent to park; across street from Grapevine Lake Appraised at $11.5M Potential land value of $40M* (post-development) Property Description CALL FOR OFFERS 52-acre development site with stunning views of Grapevine Lake; the perfect spot for a mixed-use development. Located only 7 miles from Dallas-Fort Worth Airport and minutes from area resorts and restaurants. Don t miss this opportunity! * Source: Hope Ranch: Executive Overview, Transglobal Realty Advisors PAGE 5

6 AERIAL VIEW: HOPE RANCH Property Description PAGE 6

7 Market Overview 2Grapevine Texas DOWNTOWN GRAPEVINE, TEXAS Sale Information Market Overview Property Description PAGE 7

8 THE MARKET THE GAYLORD TEXAS RESORT & CONVENTION CENTER Grapevine is a city located predominately in Tarrant County and has areas that extend into Dallas and Denton counties. The city is part of the Dallas Fort Worth Statistical Area and a significant part of the city limits are mostly within the Dallas/Fort Worth International Airport. Market Overview In recent years several wineries have opened in Grapevine, and the city has been very active in maintaining its historic downtown corridor. The city is adjacent to Grapevine Lake, a large reservoir impounded by the Army Corps of Engineers in 1952 and serves as both a source of water and recreational area. In 2007 CNNMoney.com rated Grapevine as one of America s Best Places to Live. Grapevine s economy is largely centered around tourism of several varieties. Chiefly, travelers arriving and departing from Dallas/Fort Worth International Airport remain the majority of visits to the city, benefiting the numerous hotels. Among these facilities, the Gaylord Texan and Great Wolf Lodge stand in a separate class as massive entertainment complexes that offer hotel, convention, and performance space in addition to serving the recreational desires of both locals and tourists alike. PAGE 8

9 Information 3Braun s Sale Process OFFERS ARE BEING CONSIDERED ON A FIRST-COME-FIRST-OFFER BASIS. Chris@Braunco.com Fax: Mail: Braun Co Attention: Hope Ranch 1230 Rosecrans Ave, Suite 160, Manhattan Beach CA BUYER BROKER PARTICIPATION A two percent (2.0%) commission will be paid to any licensed broker who represents and registers a successful buyer. PROPERTY INFORMATION The property information is a compilation of documents related to the property and is available on our website for review and download. PROPERTY SHOWINGS You may view the property at any time. Sale Information PAGE 9

10 DISCLAIMER DISCLAIMER: BRAUN is the broker. BRAUN makes no representations or warranties on approved uses of the property. This brochure is provided for the sole purpose of allowing a potential buyer to evaluate the subject property. The potential buyer is urged to perform its own examination and inspection of the property and information relating to same, and shall rely solely on such examination and investigation and not on this brochure or any materials, statements or information contained herein or otherwise provided. Neither BRAUN, its members, managers officers, employees or agents, nor any of its partners, directors, officers, employees and agents, nor seller and broker, make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this brochure or the property or any materials, statements or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. Without limiting the foregoing, in the event this brochure contains information relating to any hazardous materials in relation to the property, such information shall in no way be construed as creating any warranties or representations, expressed or implied, by operation of law or otherwise, by BRAUN, broker, sales agents or seller, as to the existence or non-existence or nature of hazardous materials in, under, on or around the property. This brochure is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property. BRAUN will not be responsible if the property is unsatisfactory to the buyer in any way. PAGE 10