For Sale: North Branch MLS# 6018903
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Property 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Property Type:
Lot/Land
City:
North Branch
County:
Chisago
State:
MN
Property Style:
Lot/Land
Zip Code:
55056
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
Paved Streets
Lot & Land
Acres:
66.6
Geolocation:
45.5229740838, -92.9658871382
Inclusions:
Easements, Platted, Soil Test Available, Torrens
Lot Dimensions:
1305 x 2355 x 1305 x 2355
Restrictions:
- Easements
- Land Leased
Zoning:
Residential-Multi-Family
Lot Description:
- Green Acres
- Irregular Lot
- Tree Coverage - Light
Farm
Soil Type:
Loam, Sand
Topography:
Level
Schools
School District:
138
District Phone:
651-674-1000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,480
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,480
Association Fee Required:
No
Taxable Acres:
66.500
Land Lease Amount:
100
Miscellaneous
Development Status:
Raw Land
Improvements:
Paved Streets, Public Road
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
- Water Available
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.