$1,300,000

5925 Seminole Valley Trail

Cedar Rapids IA, 52411

Description

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.

Details

MLS#1908270
StyleHouse
Sub-TypeResale
StatusActive
Days On Site25

Features

Acreage55.00

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Area Information

StateIA
CountyLinn
CityCedar Rapids
Zip Code52411
AreaLinn
Elementary SchoolJackson
Middle SchoolTaft
High SchoolKennedy
Listing VS Median (in 52411)
Price:
$1,300,000
low | high
Med:
$87,000
100% of Average
On Site:
25
low | high
Med:
104
24.038461538462% of Average
Listing Updated: 12/08/2019
MLS Number: 1908270
Listing Provided By:
Chip Hughes  of  COLDWELL BANKER HEDGES