$725,000 Price Analysis    ♡   North Branch, MN 55056 Unknown bed 0 bath unknown SqFt ($0/SqFt) 66.6 acre lot. Listed 2021-07-01 | Ⓧ USDA Ineligible due to property near North Branch |
Major price drop on this prime parcel in a MN Opportunity Zone.
Unleash your creativity with high-density multi-family zoning that accommodates a broad spectrum of uses, including multi-family apartments, twin homes and single-family properties. Property can be divided or phased. Mix of R3, R2, R1 zoning enhances the potential for diverse development.
City utilities accessible on SW corner. Documentation from previous development plans and soil tests available upon request. This plot is dry land and is a golden opportunity for t hose seeking a substantial investment, especially for 1031 exchange purposes. Be the architect of the next grand development in the rea.
Presented by Andrew Charles Newton at
Edina Realty, Inc. - Highland Park.
Property MLS #6018903 from NorthstarMLS
Land Lease Amount Frequency: Yes
Lot Description: Green Acres, Irregular Lot, Tree Coverage - Light
Lot Size Acres: 66.6
Lot Size Dimensions: 1305x2355x1305x2355
Topography: Level
Lot Size Square Feet: 2901096
Road Responsibility: Public Maintained Road
Calculated Total Monthly Association Fees: 0
Map directionsSource Listing Status: Active
County: Chisago
Development Status: Raw Land
Directions: 35E North to 95. East two miles to Hemingway. North to property.
Tax Year: 2024
Restrictions: Easements, Land Leased
Source Property Type: Lots & Land
Parcel Number: 160004520
Zoning: Residential-Multi-Family
Source System Name: C2C
$725,000
NorthstarMLS
Price Changed 2024-07-01
$750,000
NorthstarMLS
Price Changed 2023-07-31
$875,000
NorthstarMLS
Price Changed 2023-06-07
$898,000
NorthstarMLS
Price Changed 2023-03-01
$999,999
NorthstarMLS
Listed 2021-07-01
$1,250,000
NorthstarMLS
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Sewer Available
Water Available
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.