39590 Hemingway Ave North Branch, MN 55056
Estimated payment $4,246/month
Total Views
33,431
67
Acres
$10,886
Price per Acre
2,901,096
Sq Ft Lot
Highlights
- No HOA
- Greenbelt
- 4-minute walk to Clayton Anderson Family Memorial Nature Park
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,480
Lot Details
- Lot Dimensions are 1305x2355x1305x2355
- Irregular Lot
- Few Trees
- Land Lease
Community Details
- No Home Owners Association
- Greenbelt
Listing and Financial Details
- Assessor Parcel Number 160004520
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Price Changed | $725,000 | -3.3% | -- |
| 07/01/2024 07/01/24 | Price Changed | $750,000 | -14.3% | -- |
| 07/31/2023 07/31/23 | Price Changed | $875,000 | -2.6% | -- |
| 06/07/2023 06/07/23 | Price Changed | $898,000 | -10.2% | -- |
| 03/01/2023 03/01/23 | Price Changed | $999,999 | -20.0% | -- |
| 07/01/2021 07/01/21 | For Sale | $1,250,000 | -- | -- |
Source: NorthstarMLS
Similar Property in North Branch, MN
Source: NorthstarMLS
MLS Number: 6018903
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