Pine Island Land Development

XXX Highway 52 Pine Island, MN

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FOR SALE
Property Type:
Multifamily Land
Amount:
$2,275,000
Last Verified:
Mar 22, 2017


This land offering is situated minutes north of Rochester, Minnesota. The subject property is located on the east side of Highway 52 near exit 12 to Pine Island. Property borders the frontage road for easy and convenient access for a variety of business and consumers.
Property can be subdivided
Starting at $3.35/PSF
Lot Size: 15.59 acres

Map of XXX Highway 52, Pine Island, MN, 55963

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.