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805 17th Ct SE - Bridgewater Blk 1, lots 1-48 4.86 Acres of Residential Land Offered at $1,500,000 in Cambridge, MN 55008

Investment Highlights
- SWAC Charges are paid
- level topography
- street, curb, gutter, sewer in
- All utilities at site
- all utilities at site
Executive Summary
Located in OPPORTUNITY ZONE!
developed for multifamily, city is willing to work with developer, Approximately 4.86 acres. Shovel ready. Options: Affordable housing, senior housing, market rate or a mixture. PUD. Appears to allow for about 150+/- units. Located in Cambridge, vibrant area 45 minutes N of Twin Cities. located at the intersection of 16th Avenue SE and Emerson Road South
developed for multifamily, city is willing to work with developer, Approximately 4.86 acres. Shovel ready. Options: Affordable housing, senior housing, market rate or a mixture. PUD. Appears to allow for about 150+/- units. Located in Cambridge, vibrant area 45 minutes N of Twin Cities. located at the intersection of 16th Avenue SE and Emerson Road South
Property Facts
| Price | $1,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.86 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-3 - Multiple Family Residence District, High Density Residential | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.86 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Multiple Family Residence District, High Density Residential |
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 4.86 AC |
| Price Per AC | $308,641.98 |
| Price | $1,500,000 |
| Price Per AC | $308,641.98 |
| Lot Size | 4.86 AC |
Level topography, curb, gutter, sewer,streets in. Shovel ready. Options: Affordable housing, senior housing, market rate or a mixture. PUD. Appears to allow for about 150+/- units. Located in Cambridge, vibrant area 45 minutes N of Twin Cities
Description
Property is located in an Opportunity Zone. Vibrant community located 45 minutes north of the Twin Cities in need of housing. Opportunity for senior, affordable, market rate apartments, appears suitible for 150 +/- units on site. Easy access to Hwy 65.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 15.148.0010 | Improvements Assessment | $0 |
| Land Assessment | $10,000 | Total Assessment | $10,000 |
Property Taxes
Parcel Number
15.148.0010
Land Assessment
$10,000
Improvements Assessment
$0
Total Assessment
$10,000
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805 17th Ct SE - Bridgewater Blk 1, lots 1-48
