100th St - IAG Cottage Grove Land Assembly 0.89 - 14.1 Acre Residential Land Lots Offered at $155,771 - $2,456,784 Per Lot in Cottage Grove, MN 55016
INVESTMENT HIGHLIGHTS
- Zoning allows for single, medium density and M/F residential on the remaining parcels for sale
EXECUTIVE SUMMARY
PROPERTY FACTS
3 LOTS AVAILABLE
Lot A-5
| Price | $155,771 |
| Price Per AC | $175,023.60 |
| Lot Size | 0.89 AC |
Two parcels remaining within Lot A, ranging from 7.003 to 14.1 acres. These parcels are zoned for high to med. density. Adjacent to the new 3.5 M square foot industrial park. List price of $4.00 PSF. Sewer, Water, St infrastructure installed 2024.
Lot A-4
| Price | $1,219,680 |
| Price Per AC | $174,240.00 |
| Lot Size | 7.00 AC |
Two parcels remaining within Lot A, ranging from 7.0 to 14.1 acres. These parcels are zoned for high to med. density. Adjacent to the new 3.5 M square foot industrial park. List price of $4.00 PSF. Sewer, Water, St. infrastructure installed 2023.
Lot A-3
| Price | $2,456,784 |
| Price Per AC | $174,240.00 |
| Lot Size | 14.10 AC |
Two parcels remaining within Lot A, ranging from 5.2 to 14.1 acres. These parcels are zoned for high to med. density. Adjacent to the new 3.5 M square foot industrial park. List price of $4.00 PSF. Infrastructure installed 2023. 3-5 avail.
DESCRIPTION
Parcels are split between the new 105th/Hadley connection and the rerouting of 100th Street. Parcels are ideal medium density and single-family housing and the city has approved this guidance. There will be a deferred assessment to the buyer for their proportionate share of the new infrastructure installed by the City of Cottage Grove. To the direct east will be a new 3.5M sq. ft. industrial park developed by Northpoint Development and to the south a new single family housing development by Lennar.
PROPERTY TAXES
| Parcel Number | 29-027-21-14-0001 | Improvements Assessment | $339,000 |
| Land Assessment | $436,200 | Total Assessment | $775,200 |
