$725,000

39590 Hemingway AvenueNorth Branch, MN 55056

Type: Land

66.60 Approx. Acres

Description

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 those seeking a substantial investment, especially for 1031 exchange purposes. Be the architect of the next grand development in the area.

MLS ID: 6018903

Directions: 35E North to 95. East two miles to Hemingway. North to property.

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Property Details

Essential Details

MLS #: 6018903

Listing courtesy of: Edina Realty, Inc.

Price: $725,000

Type: Land

Contingency: None

Foreclosure: No

Builder Restrictions: Open

Zoning: Residential-Multi-Family

Lot Details

Development Status: Raw Land

Improvements: Paved Streets, Public Road

Restrictions/Covenants: Easements, Land Leased

Available Utilities: None Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Road Frontage: Paved Streets

Topography: Level

Soil Type: Loam, Sand

Inclusions: Easements, Platted, Soil Test Available, Torrens

School Information

District: North Branch

District Number: 138

District Phone: 651-674-1000

Community Information

County: Chisago

Survey Range: 21

Survey Section: 16

Survey Township: 35

Taxes

Tax Year: 2024

Tax Amount: $2,480

Assessment Pending: No

Taxes w/Assessments: $2,480

This listing was last updated by Edina Realty, Inc. on 7/26/2024 at 12:55 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/4/2024 2:05 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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