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XXX Division - XXX Division Street

11.7 Acres of Commercial Land Offered at £1,560,988 in Northfield, MN 55057

Investment Highlights

  • One of the Last Prime Development Opportunities Left Within the City Limits
  • Centrally Located Between Spring Creek & Bridgewater Elementary Schools, Northfield Middle School, and Northfield High School
  • Level Grade Ready For Development
  • Owner Financing Available

Executive Summary

One of the last parcels that can be developed within the city limits! Zoning allows for a ton of opportunities consisting of residential and commercial. Level grade land in that it is shovel ready.

Financial Summary (Actual - 2021)

Annual Annual Per AC
Taxes £1,205 £102.99
Operating Expenses - -
Total Expenses £1,205 £102.99

Financial Summary (Actual - 2021)

Taxes
Annual £1,205
Annual Per AC £102.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £1,205
Annual Per AC £102.99

Property Facts

Price £1,560,988
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 11.70 AC

1 Lot Available

Lot

Price £1,560,988
Price Per AC £133,418
Lot Size 11.70 AC

**ATTENTION DEVELOPERS** Sensational Opportunity to own one of the last PRIME acreage properties within Northfield city limits. Zoned N2-B (Neighborhood General 2) offers a myriad of development options.

Description

Welcome to one of the last opportunities to own a prime in-fill acreage properties within Northfield city limits. Included in the property are stands of established hardwoods, wetlands and a variety of seasonal wildlife. Zoned N2-B, (Neighborhood General 2) offers a myriad of development options. It's highest and best use may include a mix of a total of 100 units across different style types including an apartment building (market-rate/55+), shared-wall twin homes, detached single family homes, and detached villas. Commercial and retail opportunities are also available within the zoning designation. This parcel is located conveniently on the south side of town off Division Street between Spring Creek & Bridgewater Elementary Schools and Northfield Middle School. Northfield High School is directly across the street. Seller financing is available! Contact us for more information on this excellent opportunity.

zoning

Zoning Code N2-B (Medium density residential Commercial (Non-drive thru))
N2-B (Medium density residential Commercial (Non-drive thru))
  • Listing ID: 25594338

  • Date on Market: 29/04/2022

  • Last Updated:

  • Address: XXX Division, Northfield, MN 55057

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