All Properties
Single family

7120 Allen Way, IGH

Inver Grove Heights, MN 55077

$1,250,000

Beds

3

Baths

2

Sqft

2,226

Acreage

7

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About This Deal


INVESTMENT OPPORTUNITY:
7.03 + 5 Acre Strategic Infill | Inver Grove Heights, MN

NovaNest Investments is pleased to present a premier 7.03-acre development opportunity at 7120 Allen Way. Located in a high-demand suburban enclave, this site offers rare frontage along the southern property line bordering the fairways of Inver Wood Golf Course. This is a "Ready-to-Mobilize" opportunity structured for a developer looking to maximize capital leverage for the 2026 construction season.

THE PARTNERSHIP MODEL: SELLER FINANCING

We have removed the traditional capital barriers to land acquisition. Our Capital Preservation Model allows the developer to keep cash focused on vertical construction rather than land carry.

  • Guidance Price: $1,250,000 (all offers will be carefully reviewed)
  • Initial Investment: 50% at closing.
  • Seller-Carry Balance: 50% deferred.
  • Performance Payout: Balance paid via 10% of Net Sales Proceeds (quarterly).
  • Maturity: Full payout of any remaining balance within 36 months of closing.
  • Closing Date: July 2026
  • Please note the property is currently zoned agricultural but slated for R3 (B)

DEVELOPMENT VISION

The 7.03 acres support a variety of high-yield paths:

  • Executive Townhome Village: High-density luxury units with some golf course views.
  • Slab-on-Grade Community: Premium one-level living for the "active adult" demographic.
  • Integrated Care Campus: A specialized senior-living facility with on-site care amenities.

LOCATION HIGHLIGHTS

  • Golf Course Frontage: Direct shared boundary with Inver Wood Golf Course on the southern line.
  • Infrastructure: Established infill location with utility hookups in proximity.
  • Accessibility: Prime access to IGH amenities while maintaining secluded green-space privacy.

Other nearby developments

CONTACT Emily 651-274-5228

The property is under contract with NovaNest Investments LLC.

Transaction Details

  • Walkthrough Date: Call to walk the property. DO NOT attempt to walk the property. OWNER OCCUPIED.
  • Closing Date: July 2026
  • Occupancy:Owner-Occupied
  • Access instructions: Call to walk the property. DO NOT attempt to walk the property. OWNER OCCUPIED.
  • Title company: Title Smart Inc
  • Earnest money required: $5,000 upon signed purchase agreement then $15,000 following 60 day due diligence period.
  • Proof of funds required: Yes

Next Steps

  • Contact us if you need more information
  • Schedule a property walkthrough

Interested in this property?

Get in touch and we'll help you with the next steps.

Call (612) 440-2899
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