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Investment Highlights

  • Zoning allows for single, medium density and M/F residential on the remaining parcels for sale

Executive Summary

These parcels are adjacent to the newly announced 3.5M sq. ft. Northpoint Industrial Park, Lennar, and Pulte's new single family development to the south. Lots 3-5 of Parcel A remain. List price is $4.00 psf. Parcel #2 was sold for a multi-family development.. Parcel #1 will be a similar development in spring 2026. There will be a "deferred assessment" to the buyer for their proportionate share of road, sewer and water lines installed in summer/fall 2023.

Property Facts

Price $215,780 - $5,308,565 CAD
Sale Type Investment
Sale Condition Build to Suit
No. Lots 3
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 21.99 AC
Cross Streets Ideal Avenue South
Zoning AG1, AG2 - Agricultural

3 Lots Available

Lot A-5

Price $215,780 CAD
Price Per AC $242,449.68 CAD
Lot Size 0.89 AC

3 parcels remaining within Lot A. Lots of .9, 7.0 and 14.1 acres. These parcels are zoned for high to med. density. Adjacent to the new 3.5 M square foot industrial park. List price of $4.00 PSF. Sewer, Water, St infrastructure installed 2024.

Lot A-4

Price $1,689,549 CAD
Price Per AC $241,364.21 CAD
Lot Size 7.00 AC

Two parcels remaining within Lot A, ranging from 7.0 to 14.1 acres. These parcels are zoned for high to med. density. Adjacent to the new 3.5 M square foot industrial park. List price of $4.00 PSF. Sewer, Water, St. infrastructure installed 2023.

Lot A-3

Price $3,403,235 CAD
Price Per AC $241,364.21 CAD
Lot Size 14.10 AC

3 adj. parcels remaining within Lot A, ranging from .89, 7.0 and 14.1 acres. These parcels are zoned for high to med. density. Adjacent to the new 3.5 M square foot industrial park. List price of $4.00 PSF. Infrastructure installed 2023. 3-5 avail.

Description

Parcels are split between the new 105th/Hadley connection and the rerouting of 100th Street. Parcels are ideal medium density and single-family housing and the city has approved this guidance. There will be a deferred assessment to the buyer for their proportionate share of the new infrastructure installed by the City of Cottage Grove. To the direct east will be a new 3.5M sq. ft. industrial park developed by Northpoint Development and to the south a new single family housing development by Lennar.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
  • Listing ID: 14706641

  • Date on Market: 2018-12-23

  • Last Updated:

  • Address: 100th St, Cottage Grove, MN 55016

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