tbd Farmall Lane, Manhattan, MT | MLS#:383154

tbd Farmall Lane | Manhattan, MT

$4,375,000

Estimated Monthly Payment: $23,521 at 7.1% interest.

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23.9
Acres


About tbd Farmall Lane
STATUS: Active
TOPOGRAPHY: Level
LISTING DATE: Jun 10, 2023
VIEW: Meadow, Mountains
TYPE: UnimprovedLand
MLS ID: 383154
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This 24 +/- acre parcel is more than land in the path of progress... progress is all around the land! Already PRE-APPROVED by the Town of Manhattan for 58 residential lots (4 of which could be Duplex lots) and 8 commercial 1-acre parcels. Engineering estimate from Gaston Engineering dated 5/18/19 is in supplements, as well as a proforma for sales based on today's lot values. The Town of Manhattan is currently breaking ground on the next sewer module to expand capacity. This capacity is estimated to come online in late 2024 to service this development. Current development allows for drilling of one well per two lots. Once Manhattan can deliver municipal water, wellls shall be used for landscape purposes. The first phase of Centennial Village is built out and the adjacent neighborhood of Pioneer Crossing is established as well. Recent changes to the Commercial Zoning may allow for live-work units to be built on the 8 Commercial lots -- please check with Town of Manhattan for further requirements. The business community of Manhattan is also expanding which is a solid nod to the future and expected growth of this quaint Montana town.

Listing courtesy of: Bozeman Brokers

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