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- LoopNet Team
15380 Garrett Ave
Apple Valley, MN 55124
Land For Sale
·
4.77 AC
INVESTMENT HIGHLIGHTS
- Walkable to retail, parks, METRO Red Line BRT transit to Mall of America, Minneapolis and St. Paul.
- Guided for Suburban Intensive High-Density Residential (SIHD).
PROPERTY FACTS
DESCRIPTION
Pro-development City. Multi-story office mixed with row townhomes can be further discussed. Park Dedication fees paid for up to 168 units. If more units than 168 units are constructed, additional Park Dedication Fees will be due. Any development on this property is required to include units considered affordable. At least 20 percent but not more than 25 percent of the residential units in the project must be affordable to persons whose income is 50 percent or less than the Area Median Income, adjusted for family size; or at least 40 percent but not more than 45 percent of the residential units in the project must be affordable to persons whose income is 60 percent or less than the Area Median Income, adjusted for family size. Utilities to site.
PROPERTY TAXES
| Parcel Number | 01-81751-01-010 | Improvements Assessment | $41,909,000 |
| Land Assessment | $2,318,100 | Total Assessment | $44,227,100 |
PROPERTY TAXES
