$ 3,000,000
7766 20th AVE Lino Lakes, MN 55038
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$ 3,000,000
Est. payment | /mo
80.76 Acres Lot
$ 3,000,000
Est. payment | /mo
80.76 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6507087
Annual Tax Amount $3,208
Tax Year 2024
Contingent None
Lot Size 80.760 Acres
Acres 80.76
Lot Dimensions 1,320 x 2,598 x 1,316 x 2,607
Property Description
Prime transitional investment land located in the path of growth! Has a future guided use of
50 Acres of Industrial and 30 Acres of Residential. Lennar is developing the Watermark Neighborhood to the south, consisting of single-family homes and townhouses. Mega Eagle Brook Church Campus is across the street. There is over 1,300 SF of frontage on 35E, which is used by over 40,000 vehicles per day. The home on site, with 2 outbuildings, has potential for rental income. The farmland is leased. This is a great investment for land packaging. It is also an excellent 1031 option.
50 Acres of Industrial and 30 Acres of Residential. Lennar is developing the Watermark Neighborhood to the south, consisting of single-family homes and townhouses. Mega Eagle Brook Church Campus is across the street. There is over 1,300 SF of frontage on 35E, which is used by over 40,000 vehicles per day. The home on site, with 2 outbuildings, has potential for rental income. The farmland is leased. This is a great investment for land packaging. It is also an excellent 1031 option.
Location
State MN
County Anoka
Zoning Agriculture
Interior
Inclusions None
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Cable Available, Electricity Available, Natural Gas Available, Private Septic Available, Private Well Available
Building
Lot Description Green Acres
Schools
School District Forest Lake
Others
Restrictions None
Listed by Joe Allen • RE/MAX Results
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Tom Ott
REALTOR® | Lic# 590400