Property Description

Upcoming Auction! Auction date: December 7 at 10AM. Property preview dates: Oct 30 and Nov 13 from 3-5PM. There are 4 tracts on the auction, this listing is for Tract 2. Tract 2 is the largest of the four tracts: 25± acres of residential ground within the city limits of Park Rapids, on the south end of town. It is zoned R-3 Medium Density Residential, which allows single-family homes, two-family homes, and twin homes. That gives a developer the flexibility to plan a mix of housing types on one site, subject to the city's lot requirements and approvals.At this size, the tract fits a full residential development built out in phases, rather than a handful of lots. The ground is mainly flat, which simplifies planning streets, lots, and building sites, and helps keep development costs in check.Buyers looking for an even larger footprint can combine Tract 2 with any of the three neighboring tracts, which together total 50 acres of residential and industrial ground.*25± acres, south end of Park Rapids city limits*Zoned R-3 Medium Density Residential*Allows single-family, two-family, and twin homes*Mainly flat, well suited to subdivision and phased development*Largest of four tracts, 50 acres total available

Property Features

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