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100th & Ideal Ave S Cottage Grv Cottage Grove, MN 55016

Sponsored
For Sale
$2,450,348

Prime MN land, residential potential.

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional offering presents a significant land assembly opportunity in Cottage Grove, Minnesota, encompassing a total of approximately 82.5 acres across three parcels. Parcel A, comprising four individual parcels ranging from 5.2 to 11.5 acres, is strategically positioned adjacent to the new 3.5 million square foot Northpoint Industrial Park. This parcel is undergoing rezoning for medium/high density residential development, presenting a compelling opportunity for residential construction. Infrastructure improvements, including road, sewer, and water lines, are slated for completion in summer 2023. A deferred assessment will apply to the buyer for their proportionate share of these infrastructure costs. Parcel A is listed at $4.00 per square foot. While the seller prefers to sell the four parcels within Parcel A to a single buyer, individual sales will be considered. Parcels B and C, totaling 32.15 and 28.13 acres respectively, are currently under contract. The combined asking price for Parcel C is $2,450,348. This property is zoned Ag1 & Ag2, offering significant potential for future development given its prime location and proximity to major infrastructure. The property is located at 100th Street S & Ideal Ave S, Cottage Grove, MN 55016, within Washington County.

Property Features for 100th & Ideal Ave S Cottage Grv

General Information

Property type
Land
Lot Size
226,512 SF

HighLights

  • $2,450,348 asking price.
  • 5.2 to 82.5 acres of land available.
  • Located at 100th Street S & Ideal Ave S, Cottage Grove, MN 55016.
  • Ag1 & Ag2 zoning.
  • Adjacent to a new 3.5 million square foot industrial park.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Cottage Grove
County
Washington
State
Minnesota
Longitude
-92.944268858936
Latitude
44.804681424303

FAQs

What type of property is this?
Land - Prime MN land, residential potential.
Where is this land located?
The property is located at 100th & Ideal Ave S Cottage Grv Cottage Grove, MN.
What is the asking price?
The asking price for this property is $2,450,348.
What are key features of this property?
This property features: $2,450,348 asking price.; 5.2 to 82.5 acres of land available.; Located at 100th Street S & Ideal Ave S, Cottage Grove, MN 55016.
More about this property
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