40576 County Road 242 Cohasset, MN 55721
Estimated payment $1,729/month
Total Views
1,414
2
Beds
2
Baths
2,262
Sq Ft
$132
Price per Sq Ft
Highlights
- 879,912 Sq Ft lot
- 2 Car Attached Garage
- Combination Kitchen and Dining Room
- No HOA
- 1-Story Property
- Baseboard Heating
About This Home
Incredible Investment Opportunity – 20 Acre Gravel Pit with Home!
Rare chance to own a 20-acre inactive gravel pit with endless potential for resource extraction, or income-generating opportunities. Located in a private and accessible area, this property offers both industrial value and residential potential.
Included is a 2-bedroom, 2-bath fixer-upper home – perfect for renovation into an office, rental, or your private residence. With some TLC, this structure can become a comfortable home base or add significant value to your investment.
Highlights:
20 acres of land with proven gravel reserves
Great access to major roads/highways
Existing well, septic, and power
2-bed, 2-bath home with solid structure – needs renovation
Perfect for contractors, builders, investors, or anyone seeking a mixed-use property with income potential. Opportunities like this don’t come often, schedule your showing today and explore the full potential of this one-of-a-kind property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,233
Year Built
- Built in 1960
Lot Details
- 20.2 Acre Lot
- Lot Dimensions are 1326 x 664
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,262 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Baseboard Heating
- 200+ Amp Service
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 690253301
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,314 | $137,700 | $65,600 | $72,100 |
| 2023 | $1,314 | $137,500 | $65,400 | $72,100 |
| 2022 | $710 | $126,500 | $58,400 | $68,100 |
| 2021 | $464 | $108,100 | $52,900 | $55,200 |
| 2020 | $508 | $90,200 | $43,800 | $46,400 |
| 2019 | $536 | $90,200 | $43,800 | $46,400 |
| 2018 | $512 | $93,200 | $43,800 | $49,400 |
| 2017 | $496 | $0 | $0 | $0 |
| 2016 | $732 | $0 | $0 | $0 |
| 2015 | $706 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $299,000 | -- | $132 / Sq Ft |
Source: NorthstarMLS
Similar Homes in Cohasset, MN
Source: NorthstarMLS
MLS Number: 6763625
APN: 69-025-3301
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