NOTE SALE securing 1,057 acres of land located in Pine Island, Minnesota, 15 miles north of the Mayo Clinic in downtown Rochester. The land, previously an elk farm, was purchased and earmarked for a master planned development. The purchase of this note includes the assumption of back taxes, details available upon inquiry.

The planned development, Elk Run, features traditional residential neighborhoods, a wellness community with healthy living amenities, commercial offerings including retail outlets and office and warehouse space, and institutional components including schools and medical centers.

The centerpiece of Elk Run is a 200-acre Biobusiness Park, which offers biotechnology companies an unparalleled blend of flexibility, sustainability, and connectivity.

Location Description:

The Elk Run land development of Pine Island is 15 miles north of Downtown Rochester (Home of the Mayo Clinic) via US Hwy 52. The 1,057 acre site was earmarked for a master planned development to include residential, retail, a bio-meidcial business park, new high school and more. The site is accessed by a new MN Hwy 44 full highway interchange and has city utilities already to the site.

Highlights:

>> NOTE SALE

>> 1,057 Acres

>> Currently Zoned Ag

>> 15 minutes from Downtown Rochester & THE Mayo Clinic

>> Site Earmarked for a Master Planned Development - Centerpiece: 200 Acre BioScience Industrial Park

>> Existing New Full Diamond Interchange

>> City Utilities to Site

* Email for additional photos

Sales Info:

>> Commision split: 4.0%