$750,000
Prime Development opportunity!!! Heritage Park is a single-family development that was originally approved for 101 homes. The first phase is sold out. The second phase as laid out now would be 47 additional single-family lots.
A buyer could ask the city to approve the second phase as it was proposed or ask for some changes,
such as adding some twin homes, quads, etc. The original plat needs to be resubmitted as is has expired. Builders finish off the final improvements and have plenty of lots to build on for years to come.
All utilities are stumped to the plat, which would be sewer and water, natural gas, fiber optics, storm sewer, and has been graded. The soil content in the 1st phase was all sand. A storm water holding area, along with park dedication also in place. The second phase was appraised for $800,000. Developer is older and decided it was better if someone new finished off the project. Excellent location just blocks from town, school and major highways. Kimball community is ready for residential growth.
ACTIVE
Status
⋅
7046658
MLS
TBD Ridgeview Street, Kimball
Listing courtesy of Oak Realty LLP.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.