This is an excellent investor, developer, or builder opportunity to purchase 55+/- acres of ready to develop residential property. There is currently a proposed plat for approximately 34 lots of upper end residential development. Please refer to attached proposed plat. City sewer and water and other utilities are available and adjacent to site. This is one of the last large northeast side areas ready for residential development. The proposed lots are sized for upper value homes and the adjacent existing new homes are already in the $400,000 plus price range. The right investor can begin development and construction in a very short time period. Must be seen to be appreciated.
MLS# | 1908270 |
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Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 24 |
Acreage | 55.00 |
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Area Information | |
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State | IA |
County | Linn |
City | Cedar Rapids |
Zip Code | 52411 |
Area | Linn |
Elementary School | Jackson |
Middle School | Taft |
High School | Kennedy |
Listing VS Median (in 52411) | |
Price: $1,300,000 low | high Med: $87,000 On Site: 24 low | high Med: 103 |