Prairie Parkway II

2107 40th Avenue South Moorhead, MN 56560

2107 40th Avenue South, Moorhead, MN, 56560
2107 40th Avenue South, Moorhead, MN, 56560
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,620,432
Last Verified:
Mar 01, 2025

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Highlights

  • Build ready lots in 2025
  • Low special assessments compared to other developable land
  • 2-year deferral of special assessments for future street improvements
  • Off-site Regional Retention available

Description

Prairie Parkway II in South Moorhead offers a standout opportunity for multifamily developers in a flourishing community. With recent rezoning to support mixed-use development, this site is primed for contemporary multifamily residences complemented with flexible zoning which allows optional to develop a commercial amenity. Positioned with easy access to major transport routes, Prairie Parkway II connects effortlessly to Moorhead's top amenities, schools, and parks, appealing to those looking for convenience and an enriched lifestyle. The surrounding area features abundant shopping, dining, and leisure activities, creating a balanced urban-suburban environment. Additionally, the planned $5 billion sustainable aviation fuel plant by DG Fuels, expected to bring 650 new jobs to Moorhead, is set to energize the local economy, increasing the demand for quality housing in this burgeoning area.

Situated in the rapidly expanding area of South Moorhead, Prairie Parkway II presents a unique opportunity for multifamily developers looking to capitalize on a vibrant, growing community. Recently rezoned to allow for mixed-use development, this land offers the ideal setting for creating modern multifamily housing with the potential for integrated neighborhood commercial uses.

Located near key transport routes, Prairie Parkway II is easily accessible and close to Moorhead’s amenities, schools, and parks, providing future residents with a blend of convenience and quality of life. With nearby shopping, dining, and recreational opportunities, developers can create a community that offers residents the perfect blend of urban convenience and suburban comfort. he planned $5 billion sustainable aviation fuel plant by DG Fuels is set to create 650 jobs in Moorhead, boosting the local economy and increasing the demand for multifamily housing.

Lot Size: 14.88 acres


Documents

Brochure - Moorhead PP II

Map of 2107 40th Avenue South, Moorhead, MN, 56560

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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.
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