FOR SALE: LAND Military Road Cottage Grove, MN ACRES READY FOR DEVELOPMENT! 2 PARCELS FACTS & FEATURES
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1 FOR SALE: LAND FACTS & FEATURES List Price: $825,000 - Will Review All Offers Residential or Mixed-Use Development Possible Potentially Up to 34 Acres Available Total Acreage - 2 Parcels: Acres Price Per Square Foot: $1.77/SF (76,959/Acre) Many Development Options Possible City is very open to Development Concepts MARK HULSEY Managing Broker Mobile Office mark@resultscommercial.com HAYDEN HULSEY Commercial Broker Mobile Office hayden@resultscommercial.com
2 PROPERTY INFORMATION LIST PRICE: $825,000 PROPERTY TYPE: Development Land - Residential land or Mixed Use Development may be possible. City of Cottage Grove is very open to development concepts. Bring your ideas! TOTAL ACREAGE 2 PARCELS: Acres PID #: : 5.72 Acres PID #: : 4.99 Acres TOTAL LOT SIZE 2 PARCELS: 466,980 SF PID #: : 217,399 SF PID #: : 249,581 SF PRICE PER SQUARE FOOT: $1.77/SF PRICE PER ACRE: $76,959/ACRE 2 PID NUMBERS: COUNTY: Washington 2017 PROPERTY TAXES FOR BOTH PARCELS: $5,794 Neighboring Parcel: For sale by us Military with 5 acres. See page 3 in this packet for more info. CURRENT ZONING: AG-1 Agricultural Preservation District. This will change when developed. There is currently a residential home on the site that will be demolished with development. This house has a well and septic currently. Water and sewer are now available. TRAFFIC: 2,050 VPD on Military Road UTILITIES: All are accessible. See map in packet showing utility locations. LOCATION: Just off Woodbury Dr/Keats/Hwy 19 and Military Road REPORTS AVAILABLE: 1. ALTA Survey: Available 2. GeoTechnical Report: None 3. Wetland Delineation: Available (Confirmed there are no wetlands on site) 4. Tree Count Survey: Available PROPERTY INFORMATION: Acres available and prime for a Residential or Mixed-Use Development possibly. City envisions Medium to High Density. City Planners are very open to development concepts. Bring your ideas! Medium to High Density. Neighboring parcel at 9880 Military Rd (5 Acres) also for sale by us. Up to 34 Acres may be available with 2 neighboring parcels. Current home on site that was previously rented out, but will be demolished for development. In Spring 2018 the Upper Ravine Parkway Plan construction will begin. This will change Military road and will eventually create a new Future Community Park to the immediate north of the site (see pg 7 in packet and accompanying PDF documents). This project includes bike and walking paths for the local neighborhoods via disconnecting a portion of Military Road. Access to the site will come from the North- see plans in packet. Utilities are all very accessible see plans in packet. Sellers are motivated & will review all offers.
3 REALIST: Tax Parcel Outlines Parcel 1) Parcel: Parcel 2)
4 Other Current For Sale Options - Contiguous Space Neighboring Parcel: 9880 Military Road, Cottage Grove 9880 Parcel: 5 Acres. Total Land Available with 9770 & 9880 Military Rd: Acres Property Website: Marketing Packet: Cottage-Grove_MARKETING-PACKET.pdf?67b1f7 Corner Parcel shown on above map is also available for sale. Contact us for more details. Total land available: ~34 Acres
5 FOR SALE: LAND
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7 Upper Ravine Park Plan (PDF available)
8 FOR SALE: LAND Project Layout - Jamaica Avenue to Keats Avenue (PDF available)
9 Utilities - Military Road (PDF available)
10 Survey - Military Road (Full ALTA Survey available as PDF)
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12 ZONING: COTTAGE GROVE Current: AG-1 Agricultural Preservation District. Zoning will Change for Development AG-1 Agricultural Preservation District This District is established for those areas where it is necessary and desirable because of the high quality of the soils, availability of water and/or highly productive agricultural capability to preserve, promote, maintain and enhance the use of the land for longterm agricultural purposes, and to protect such land form encroachment by the premature conversion to nonagricultural uses. This District represents areas where services required for urban development will not be available within at least ten (10) years. ZONING: COTTAGE GROVE Future: Medium-High Density Residential
13 TRAFFIC COUNT: 2,050 VPD on Military Road
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16 City of Cottage Grove The city is linked by U.S. Highways 10 and 61 and has a comfortable commute to both downtowns and the I-494 Strip in Bloomington. Once a rural township known for the state's first creameries and wheat production, the area was served by rail lines, river shipping, and grist mills. 3M has been operating a production in facility Cottage Grove since The city has more land adjacent to the Mississippi River than any other city in Minnesota. The city is also bordered by Woodbury on the north, Hastings on the south, St. Paul Park on the west and Denmark Township on the east. The city is approximately half an hour at posted speeds from the Minneapolis-St. Paul International Airport. It is about 15 minutes from the Wisconsin border. The city has a business park with over 25 businesses located on the southwest part of town. Cottage Grove's annual Strawberry Fest draws thousands of residents together to celebrate. This event is held at Kingston Park usually in the second week of June. A parade occurs the Saturday of the festival, in which many organizations or businesses can have a float, throw out candy, and advertise their organization. Historic places include Historic Cedarhurst Mansion, Schilling Archeological District, Atkinson Cemetery, Cottage Grove Town Hall, Old People's Home of the Northwest Cemetery, Grey Cloud Lime Kiln, Historic John P. Furber House, Historic Dr. Arthur H. Steen House, Historic First Congregational Church (Accacia Lodge No. 51), Historic William W. Furber House, Cottage Grove Cemetery, Historic Harry Roberts House, Lamar Avenue Larch Trees, and Hope Glen Farm. Cottage Grove has an 18-hole disc golf course located at Oak Wood Park. The course contains a variety of different length holes and also has women's tees, so it is perfect for people of all skill and age types.
17 OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker mobile office HAYDEN HULSEY Commercial Broker mobile office No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX Results - Commercial Group.
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