Ridgeview Street Kimball, MN 55353

Listing Agency Oak Realty LLP o***@lakedalelink.net Show Phone

PO Box 298, Annandale, MN

Listed by Gary C Dagner Show Phone

Added: Apr 1 Checked: Jul 18 at 2:06 pm

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MLS# 7046658 Listing URL

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Investment Insights

Based on property information with market context.

This prime development opportunity features Heritage Park, a single-family development initially approved for 101 homes. The first phase is sold out, and the second phase is laid out for 47 additional single-family lots. A buyer has the option to request city approval for the second phase as proposed or suggest changes, such as incorporating twin homes or quads. The original plat needs to be resubmitted due to expiration. Builders can complete the final improvements and have numerous lots available for construction in the coming years. All utilities, including sewer, water, natural gas, fiber optics, and storm sewer, are stumped to the plat, and the land has been graded. The soil content in the first phase is primarily sand. A storm water holding area and park dedication are already in place. The second phase was previously appraised for $800,000. The location is excellent, situated just blocks from town, the school, and major highways. The Kimball community is prepared for residential growth. The property consists of 20.3 acres and is zoned for residential single-family use.

Key Highlights

• Approved for 47 single‑family lots in a partially completed development (Phase 2 of Heritage Park).
• Excellent location: close to town, schools, and major highways.
• All utilities are stumped to the plat and the land has been graded.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Land - Land development opportunity near town, school, and highways.

Where is this land located?

The property is located at Ridgeview Street Kimball, MN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Approved for 47 single‑family lots in a partially completed development (Phase 2 of Heritage Park).; Excellent location: close to town, schools, and major highways.; All utilities are stumped to the plat and the land has been graded.