Prior Lake Land

Lot-1, Village Lake Drive North Prior Lake, MN 55372

FOR SALE
Property Type:
Other Land
Amount:
$1,250,000
Last Verified:
Oct 15, 2019

Highlights

  • Ideal for Retail or Multi-family/Senior Housing uses
  • Other Uses: Office, Medical Office, Showroom, Service Facility, Funeral Home, Automotive
  • Next to Tractor Supply Co, McDonalds, US Bank, Burger King, Caribou and many other regional/national retailers

Description

Great parcel in the heart of Prior Lake on Highway 13 and ready for development. Zoned C-2 general commercial, and ideal for a variety of retail uses. Zoning details available for download on our website. Or contact agents for more information. Site is flat with improved roadways and utilities next to the site. Located only blocks from the Prior Lake lakeshore.

west of Panama Avenue fronting Minnesota Highway 13

Lot Size: 3.15 acres

Map of Lot-1, Village Lake Drive North, Prior Lake, MN, 55372

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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.