Major price drop on this prime parcel in a MN Opportunity Zone. Unleash your creativity with high-density multi-family zoning that accommodates a broad spectrum of uses, including multi-family apartments, twin homes, and single-family properties. Property can be divided or phased. Mix of R3, R2, R1 zoning enhances the potential for diverse development. City utilities accessible on SW corner. Documentation from previous development plans and soil tests available upon request. This plot is dry land and is a golden opportunity for those seeking a substantial investment, especially for 1031 exchange purposes. Be the architect of the next grand development in the area.
Listed by:
Edina Realty, Inc.
Date | Days Ago | Event | New Price |
---|---|---|---|
Jul 26, 2024 | 6 mos ago | Price decreased25,000 (3%) | $725,000 |
Jul 1, 2024 | 7 mos ago | Price decreased125,000 (14%) | $750,000 |
Jul 31, 2023 | 2 yrs ago | Price decreased23,000 (3%) | $875,000 |
Jun 7, 2023 | 2 yrs ago | Price decreased101,999 (10%) | $898,000 |
Mar 1, 2023 | 2 yrs ago | Price decreased250,001 (20%) | $999,999 |
Jul 1, 2021 | 4 yrs ago | New on market | $1,250,000 |