Address
XX Willow Drive Medina, MN
Price
$ 1,175,000
Property Attributes
  • ID#5705791
  • TypeLand
  • CountyHENNEPIN
  • CityMedina
  • AreaCates Ranch 2nd Add
  • Zip55340
  • Style
  • Taxes$ 149
  • Price$ 1,175,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6.64 Acres
Listing Provided Courtesy Of:
Recreate Real Estate LLC
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

PRICE REDUCED!!! LARGE INDUSTRIAL DEVELOPMENT PENDING DIRECTLY TO THE NORTH, OVER 1,000,000 SF. Over 6 acres of prime highway development property. Site can hold 12,500 SF building, possibly more with wetland mitigation. Highway 55 hard corner on Willow with a signalized intersection. Perfect for Office, Retail with drive-thru, gas station etc. Sewer and water are AT THE PROPERTY. Zoning is Business. Highway 55 trip counts nearly 20,000/day. High household income. Nearly 700 new rooftops added in the last 5 years, majority luxury residential construction. Strong tax base. Can be developed immediately. Other area developments are in the works in very immediate area. Listing broker has extensive knowledge of Medina development process. Call with questions.

Price History
1/27/2021 Listed $1,200,000
4/30/2021 3% - $1,175,000

General Features

Association Y/N No
Contingency None
High School District Rockford
Lender Owned No
Property Type Land
Restrictions None
Standard Status Active
Subdivision Name Cates Ranch 2nd Add
Tax Annual Amount 149
Topography Level
Zoning Description Business/Commercial

Exterior Features

Lot Dimensions 703 X 531 X 633 X 431
Lot Size Area 6.64
Lot Size Units Acres
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 55340

Price
AVG $1.15M
$1.18M
Taxes
AVG $3,101
$149
Visits
AVG 383
132