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22382 -Gity of Elk River
<br />Lentl Anelysis
<br />November 22, 2023
<br />Page 8
<br />Comp. Location Buyer Oa4 Gross Oevelopable
<br />No. (Intentletl Use) Seller of Sale Acreage Acreage
<br />� xx lth Sheet North Graeksitle Hollow, LLG �/ 2022 40.22 AG 40.22 AG
<br />Montrose, MN KelerGons�ruction 8 Holtlings, LLG
<br />2 XXX 40N Strse� NE JP Brooks, Inc 5/ 2022 2�.�8 AG 2�.�8 AG
<br />Buffala, MN LHF, LLC
<br />3 9�33 GounryFoetl �B SE JP Bmoks, Inc 3/ 2022 45.50 AG 45.50 AG
<br />Delano, IvIN GHT Equipment
<br />4 LeverSt NE 8125th Ave NE Gepitel Tiust Development 8 202� �4.24 AG �4.24 AG
<br />Blaine, MN Charles 8 Kathleen Marohl�, Michael Klaas
<br />Total Price Per Price Per Oensity
<br />ning Utilities SalePrice GrossAcre OevAcre UnitslAcre Remarks
<br />F-1 Aveleble $550,000 $�3 8�5 $�3 B�5 2.0 This prapertywes purchesetl forthe constiuction ofen 80�ot
<br />single femilysubtlivision nemetl Greeksitle Hollow.
<br />PUD Aveleble $420,000 $�5453 $�8830 �.9 ThispmpertywespurchesetlTorYheconstiuc�ionofAr�or
<br />Meetlows, e 52�ot single fem ily subtlivision.
<br />F-2 Aveleble $�,800,000 $35, I85 $35, I85 �.9 This pmpertywes purchesetl forthe construction of Preine
<br />Ritlge, en 85�otsingle fimilysubtlrvision.
<br />DF Available $960,000 $fi�.416 $61.416 2.0 -onetl Development Flex antl guitletl Low DensityResitlential,
<br />this propertywes purchese for�he construction ofe 28�nit
<br />esitlen�iel subtlivision celletl Julien Meetlows, currentlyuntler
<br />nstruc�ion.
<br />5 305th Ave Derek & Michon Nelson 8/ 202� 4 25 AG 4 25 AG A Aveleble $200,000 $4� O58 $4� 059 � to 3 Guitletl Resitlentiel Low Density
<br />Princeton, M11N Dale 8 Alice Nortl�y
<br />8 54� FrverFoetl NE JP Bmoks Inc. 4/ 202� 82.80 AG �4.�� AG SFF Aveleble $�,400,000 $�6 948 $�8 88� 0.8 This pmpertywes purchesetl forthe 68�ot Phese 2 ofNe
<br />Henover, MN Mereh, Go. Rivers Etlge subtlivision. Phese � wes SB lotr�, 250 totel lots
<br />re plannetl.
<br />� Wes�ofGountyFoetllB USHomeGorp 3 2021 �1520AG ��520AG RSF2 Aveleble $8,�35,�20 $53256 $53256 3.� ThispmpertywespurcheseaespertoftheTevereresidenbel
<br />Corcoran, MN Wessel, Theis, Nay-Rox LP tlevelopment. which is to be tleveloped in ten phases overthe
<br />next fen ysers.
<br />8 FellonAveNE&85thStNE HevenRitl9s,LLG 6/2020 2�B��AG ��6��AG R-� Aveleble $2,800,000 $�28�� $15840 �.5 ThisersewesennexedintotheGdyofMonficelloespertof
<br />Monticello, MN Denn Family, LLP the purchase. antl zonetl R-1. The tlevelopment is nametl
<br />Haven Ridge.. antl is plannetl for 3351ots, �6 of which are
<br />plennetl (ortownhome lotr.
<br />8 ��5�880thS�.NE OtseqoLentllnves(ments,LLG �2/20�8 20854AG �8854AG A-� Aveleble $��45,300 $8,450 $8,358 2.8 WhilethispropertyiszanetlAgnculture,guitlingisforlow
<br />Otsego, MN Shemmck Development, Inc.B tlensity entl low tlens�lylerge lot ur�en resitlenYiel
<br />Otsego Imestment, LLG tlevelopment. The buyerintentls to stert cans[iuction on the
<br />firstpheseoftlevelopmentin2020. Given�helergesizeofNe
<br />pmperty.. a long tlevelopmen� horizon is expectetl for
<br />ompletion.
<br />�0 xxx Frenklin Ave. W Este[e Development Garporetion �2 / 2018 �5 �4 AG �5 �4 AG F-2 Aveleble $500,000 $3� �68 $3� �88 �.8 This is Outlot B ofHighlentl Ritlge 3rtl Atltldion. There ere �9
<br />Delena, MN Jerry J. 8 Stephenie Neisen lots in �he frst phese, with en etltlitionel B lotr plennetl leter.
<br />�� xxxTylerSt.NW JethmGerpenter �0/20�8 �22AG �22AG F�c Aveleble $�5000 $8�4�5 $8�4�5 4.8 ThepmpertyhesbeenplettetlinfoBlots,esTmu�FitlgeRun.
<br />Elk River, MN Priscilla R. Ontlracek
<br />�2 �22�260th SL NE D.R. Horton, Incavlinnesote 3/ 20�8 42.5� AG 28.20 AG R-5, INS Aveleble $1,000,000 $23 48� $34 24� 2.4 This pmPertyhes bsen pletted es Megnolie Lentling 2ntl
<br />Otsego, MN Meplewoatl Gompeny Addtion. One trect of epproximetely �3.15 ecres, tlesgnetetl
<br />es Outlot 8, w netl INS-Institutionel Distnct. The
<br />eintleris zonetl RS. Resitlentiel Single entl Two Femily
<br />Distnct, entl wes tlevelopetl with 88 singls-fimily lotr.
<br />�3 xxx Ulysses St. NE FenqerDevelopment, LLG 2/ 2018 5 28 AG 5 28 AG DF Aveleble $400,000 $�5 �58 $�5 �58 4.2 The sellerpurchesea Nis lentl entl en etljoining tiect e month
<br />Blaine,h1N CedarPointApartments,LLC earlier.Thesellerretainetlthemul�i-familylantlantlsoltlthis
<br />This lentl es been pletletl es the DesrPontl su�arvision, which
<br />Mean
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