Cokato Residential Development Land Opportunity!
62.38+/- Acres of Great Development Opportunity in Cokato, MN
Marketing description
Attention Builders, Developers, and Investors!
Check out this opportunity for land to develop or invest in. 62.38 acres with 35 acres already within the City of Cokato; the balance in Cokato Township. Cokato is centrally located to several local cities, as well as economic and employment centers such as St Cloud and the Twin Cities. Utilities are at the street along Johnson Avenue. Zoning is R-1 and Transition Area -- see the "Summary Information" under the "Property Documents" tab for zoning, densities, and development that could be considered.
The City is open for discussion on TIF or tax incentives and would consider/review a proposed development that includes townhomes/condos or smaller multi-family with 2-12 units.
This is a great opportunity for development in a community that anticipates growth and currently has little land available for development.
Contact Terri Jensen, ALC, with your questions.
Investment highlights
Attention Builders, Developers and Investors! Check out this opportunity for land to develop or invest in. 62.38 acres with 35 acres already within the City of Cokato; the balance in Cokato Township. Cokato is centrally-located from several local cities, as well as economic and employment centers such as St Cloud and the Twin Cities.
Utilities are at the street along Johnson Avenue. Zoning is R-1 for the +/-35.60 acres within the City of Cokato and Transition Area for the +/-26.78 acres within Cokato Township. The R-1 district allows single-family dwellings. However, the City Administrator indicated that a proposed development including townhomes/condos or smaller multi-family with 2-12 units may also be considered.
The City is open for discussion on TIF or tax incentives.
This is a great opportunity for development in a community that anticipates growth and currently has little land available for development. Contact Terri Jensen, ALC, at 507-382-0908 with your questions.
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