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Why You'll Love It
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.
Parcel #/ID
105-500-334100, 205-000-334203
Legal Information
+/-62.38 acres in Section 33-119-28, Cokato Township, Wright County, MN
Property Highlights
Commercial | Land, Residential Development, Multifamily Development |
- 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.
Estimated Acres:
63.38 Acres; +/-35.60 acres within the City of Cokato; +/-26.78 acres currently in Cokato Township
2024 Taxes:
$3,832
Zoning:
R-1 and Transition Area
Future Land Use:
Residential
Listing ID#:
2781627
Location
45.071320865782 , -94.199890920695
+/-20 miles to Hutchinson, MN via US-12W and MN 15S
+/-36 miles S of St Cloud, MN via Co Rd 3 and Co Rd 7
+/-49 miles W of downtown Minneapolis, MN via US 12E
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