For Sale: Lino Lakes MLS# 6507087
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,000,000
Property Type:
Farm
City:
Lino Lakes
County:
Anoka
State:
MN
Property Style:
Other
Zip Code:
55038
Exterior
Out Buildings:
Pole Building, Storage Shed
Road Frontage:
County Road
Lot & Land
Acres:
80.76
Geolocation:
45.187876, -93.035557
Inclusions:
None
Lot Dimensions:
1, 320 x 2, 598 x 1, 316 x 2, 607
Wooded Acres:
0
Addl Parcels:
123122230002, 123122130001
Restrictions:
None
Zoning:
Agriculture
Lot Description:
Green Acres
Farm
Farm Type:
Beef, Crop, Hobby
Soil Type:
Clay, Loam
Tillable Acres:
65
Pasture Acres:
15
Topography:
Level
Schools
School District:
831
District Phone:
651-982-8103
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,208
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,232
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
80.760
Miscellaneous
Development Status:
Raw Land
Improvements:
Public Road
Available Utilities:
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Private Septic Available
- Private Septic Connected
- Private Well Available
- Private Well Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
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.