$1,999,999

1112 River Rd NE Saint Michael, MN 55341

Estimated payment $11,376/month

Total Views 7,544
46 Acres
$43,478 Price per Acre
2,003,760 Sq Ft Lot

About This Lot

46 +/- acre investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property, with multi-family/residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town’s already sought-after appeal.

You can find everything at your fingertips, but still maintain that small-town feel. If you are looking for an investment opportunity, this is it. These types of acreage do not come along often, and anyone would be lucky to acquire it. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford, and Buffalo. As already stated, this is an upcoming area as the cities grow. This piece of land has tremendous potential.

Property Features
-Development opportunities (multi-use: industrial and residential)
-Investment potential/options
-Open land
-Prime location
-Up and coming area
-Inside city limits of Hanover
-Restaurants, amenities, parks, etc. at your fingertips
-40 minutes to Minneapolis
-Access to I-94 within 10 minutes
-Hanover-Buffalo-Motrose School Districts

Listing Agent

Tony Arendt

Midwest Land Group Listed on: 04/22/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,266

Lot Details

  • Potential uses include for development

Property Details

Property Type

Land

Est. Annual Taxes

$10,266

Lot Details

0

Listing Details

  • Office Phone: 612-682-9237
  • Listing Website: https://www.land.com/property/46-acres-in-wright-county-minnesota/23280552/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Lot Description: Industrial

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,266 $1,157,100 $1,084,200 $72,900
2024 $7,082 $1,159,600 $1,074,200 $85,400
2023 $7,342 $804,000 $718,700 $85,300
2022 $7,010 $780,200 $703,100 $77,100
2021 $7,232 $629,900 $561,600 $68,300
2020 $7,130 $623,700 $556,600 $67,100
2019 $7,132 $460,000 $0 $0
2018 $5,914 $72,100 $0 $0
2017 $6,286 $513,100 $0 $0
2016 $5,418 $0 $0 $0
2015 $4,182 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2025 08/09/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,999,999 -- --

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $1,535,000 --
Source: Public Records
Minnesota Wright County Saint Michael 55341

1112 River Rd NE, Saint Michael, MN

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Nearby Homes
Listing Agent
Tony Arendt
Midwest Land Group
(612) 682-9237