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20th Ave NE - Benson Development Land

26.12 Acres of Commercial Land Offered at $467,548 in Benson, MN 56215

Investment Highlights

  • Options available from zoning standpoint
  • Utilities could support housing and possibly light industrial
  • Annexation into the City of Benson would allow hook-up to city utilities
  • "City of Parks" as Benson is known, is the county seat & home to some of Swift County's largest employers

Executive Summary

1) Options available from zoning standpoint; 2) Annexation into the City of Benson would allow hook-up to city utilities. Utilities could support housing and possibly light industrial
"City of Parks" as Benson is known, is the county seat & home to some of Swift County's largest employers.
Price reflects seller will provide $55,000 allowance for installation of tile, pump and berm.
The site is mostly level; city utilities are on Montana Ave and Oregon Ave (on the west side of the subject property); 20th Ave NE/Co 57 borders the east line and is just off Hwy 12. So, great access to this parcel that contributes to the multiple options for this property!
Options available from a zoning standpoint: -remain in the county with urban development zoning; -annex into the City for housing development or light industrial use.
With growth in the City of Benson & Swift County's strategic plan for GROWTH, either option above would work well. The County's Urban Development zoning would allow: farm usage; home occupations; car dealerships...
Conditional uses within the County's Urban Development district include: non-farm dwellings; motels; truck rest-stops; gas stations; restaurants; commercial & industrial buildings; wind turbines; adult-use business; manufactured home park.
Should you, as a buyer and developer, desire city utilities, annexation into the City of Benson is an option. The nearest utilities run on Montana Ave and Oregon Ave, located at the NW'ly corner of the subject parcel.
City utilities would support low and medium density residential development (in the R-1 and R-2 districts) or light industrial use in the B-2 General Business District. Seller is providing a $55,000 allowance for installation of tile, pump and berm.
Benson offers manufacturing, health care, educational services, finance and insurance, food and beverage stores. Homes in Benson have appreciated 5.1% in the past year.
Benson has a local airport as well, Benson Municipal Airport and Lorenz Airport -- each have one runway should your business require air transportation.
US Hwy 12 is a major arterial road that connects Benson to Willmar, Minneapolis/St. Paul and other regionally significant communities. State Hwys 9 and 29 also provide important regional connections.
Swift County is dedicated to GROWTH! Key industries include: Energy & Environment; Agriculture & Agribusiness; Manufacturing; and Health Services.
Call Terri Jensen, ALC (Accredited Land Consultant) at 507-382-0908 with any questions.

Property Facts

Price $467,548
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 26.12 AC

1 Lot Available

Lot

Price $467,548
Price Per AC $17,900
Lot Size 26.12 AC

In Benson, travel SE on Hwy 12; turn left/north onto 20th Ave NE/Co 57. The subject will be on the left or west side of the street - the first open parcel after Zielsdorf Auction Service.

Description

DEVELOPMENT LAND, BENSON, MN "The City of Parks" as Benson is known, is the county seat & home to some of Swift County's largest employers. Options available from a zoning standpoint: -remain in the county with urban development zoning; -annex into the City for housing development or light industrial use. With the growth in the City of Benson & Swift County's strategic plan for GROWTH, either option above would work well. The County's Urban Development zoning would allow farm usage; home occupations; car dealerships... Conditional uses within the County's Urban Development district include non-farm dwellings; motels; truck rest-stops; gas stations; restaurants; commercial & industrial buildings; wind turbines; adult-use businesses; manufactured home parks. Should you, as a buyer and developer, desire city utilities, annexation into the City of Benson is an option. The nearest utilities run on Montana Ave and Oregon Ave, located at the NW'ly corner of the subject parcel. City utilities would support low and medium-density residential development (in the R-1 and R-2 districts) or light industrial use in the B-2 General Business District. City of Benson utility maps can be found under the "Property Documents" tab. Benson offers manufacturing, health care, educational services, finance and insurance, food and beverage stores. Homes in Benson have appreciated 5.1% in the past year. Benson has a local airport as well, Benson Municipal Airport and Lorenz Airport -- each have one runway should your business require air transportation. US Hwy 12 is a major arterial road that connects Benson to Willmar, Minneapolis/St. Paul and other regionally significant communities. State Hwys 9 and 29 also provide important regional connections. Swift County is dedicated to GROWTH! Key industries include Energy & Environment; Agriculture & Agribusiness; Manufacturing; and Health Services. Swift County's 2020 Strategic Plan synopsis and link to the 35-page plan can be found under the "Property Documents" tab. Financing programs & business resources can be found under the "Property Documents" tab: Swift County Local Financing; Swift Co. Regional Financing; Swift County State & Federal Financing. Take advantage of current, historic low-interest rates for your next development project! Call Terri Jensen, ALC (Accredited Land Consultant) at 507-382-0908 with any questions.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-0121-000
Land Assessment
$190,700
Improvements Assessment
$0
Total Assessment
$190,700

zoning

Zoning Code Urban Development
Urban Development
  • Listing ID: 23923247

  • Date on Market: 8/17/2021

  • Last Updated:

  • Address: 20th Ave NE, Benson, MN 56215

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