0 210th Street W, Farmington, MN, 55024

0 210th Street W Farmington, MN 55024

0 210th Street W, Farmington, MN, 55024
0 210th Street W, Farmington, MN, 55024
FOR SALE
Property Type:
Residential Land Development
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
Dec 10, 2020

Highlights

  • Residential or commercial development will be considered
  • Close to Pilot Knob Road and I-35
  • Located approximately 30 minutes south of the Minneapolis-St. Paul International Airport

Description

59.42 acres with opportunity available for additional land purchases. Approximately 6 miles east of I-35. Either residential or commercial development will be considered. The City of Farmington has identified Economic Development and sustainable growth as top priorities. Farmington’s available land, established design standards, natural amenities, and development process support residential or commercial development and expansion opportunities.

Approximately 6 miles east of I-35. City open to either residential or commercial development

Lot Size: 60.0 acres

Map of 0 210th Street W, Farmington, MN, 55024

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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.