Tbd Ridgeview Street , Kimball, MN 55353

Property Description

Prime Development opportunity!!! Heritage Park is a single-family development that was originally approved for 101 homes. The first phase is sold out. The second phase as laid out now would be 47 additional single-family lots.A buyer could ask the city to approve the second phase as it was proposed or ask for some changes,such as adding some twin homes, quads, etc. The original plat needs to be resubmitted as is has expired. Builders finish off the final improvements and have plenty of lots to build on for years to come. All utilities are stumped to the plat, which would be sewer and water, natural gas, fiber optics, storm sewer, and has been graded. The soil content in the 1st phase was all sand. A storm water holding area, along with park dedication also in place. The second phase was appraised for $800,000. Developer is older and decided it was better if someone new finished off the project. Excellent location just blocks from town, school and major highways. Kimball community is ready for residential growth.