Prairie Parkway II

$1,620,432

2107 40th Avenue South, Moorhead, MN 56560

For Sale

Land

Active

Last Updated: 03/01/2025

Details:

Lot Area: 14.88 acres

Offered by Broker

David Schlossman

President

Horizon Real Estate Group, Inc.

Request Info to Unlock

Highlights:

Build ready lots in 2025
Low special assessments compared to other developable land
2-year deferral of special assessments for future street improvements
Off-site Regional Retention available

Description:

Prairie Parkway II in South Moorhead offers a standout opportunity for multifamily developers in a flourishing community. With recent rezoning to support mixed-use development, this site is primed for contemporary multifamily residences complemented with flexible zoning which allows optional to develop a commercial amenity. Positioned with easy access to major transport routes, Prairie Parkway II connects effortlessly to Moorhead's top amenities, schools, and parks, appealing to those looking for convenience and an enriched lifestyle. The surrounding area features abundant shopping, dining, and leisure activities, creating a balanced urban-suburban environment. Additionally, the planned $5 billion sustainable aviation fuel plant by DG Fuels, expected to bring 650 new jobs to Moorhead, is set to energize the local economy, increasing the demand for quality housing in this burgeoning area.

Situated in the rapidly expanding area of South Moorhead, Prairie Parkway II presents a unique opportunity for multifamily developers looking to capitalize on a vibrant, growing community. Recently rezoned to allow for mixed-use development, this land offers the ideal setting for creating modern multifamily housing with the potential for integrated neighborhood commercial uses.

Located near key transport routes, Prairie Parkway II is easily accessible and close to Moorhead’s amenities, schools, and parks, providing future residents with a blend of convenience and quality of life. With nearby shopping, dining, and recreational opportunities, developers can create a community that offers residents the perfect blend of urban convenience and suburban comfort. he planned $5 billion sustainable aviation fuel plant by DG Fuels is set to create 650 jobs in Moorhead, boosting the local economy and increasing the demand for multifamily housing.

23rd Street planned to be installed in 2025 bringing water and sanitary sewer to the site. Moorhead has granted a two-year deferment for special assessments associated with these improvements.