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Investment Highlights

  • Proximity to downtown Cambridge

Executive Summary

This is an excellent location with street, sewer, utilities at the site. Truly shovel ready in a market that is chronically short of housing.

Property Facts

Price $400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 1.97 AC
Opportunity Zone Yes
Zoning 4B4 Residential - Town Home development

1 Lot Available

Lot

Price $400,000
Price Per AC $203,045.69
Lot Size 1.97 AC

Level lot with 14 town home lots platted.

Description

Raw land with a level grading. Sandy soil base

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
15.148.4150
Land Assessment
$10,000
Improvements Assessment
$0
Total Assessment
$10,000
  • Listing ID: 35522201

  • Date on Market: 4/16/2025

  • Last Updated:

  • Address: 705 16th SE ave, Cambridge, MN 55008

Contact the Sale Advisor

705 16th SE ave - Cambridge Town Home lots

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