$512,500
SOLD MAR 3, 2025

TBD 71st St NE Otsego, MN 55301

5 Acres
$102,500 Price per Acre
217,800 Sq Ft Lot

Recently Sold

21% Below List Price

727 Days on Market

About This Lot

As of March 2025

5 prime acres in Otsego I-94 West Industrial Park 4th Addition, with quick access to Interstate 94.

Last Agent to Sell the Property

Dustin Heggem

Acuity Group Listed on: 02/15/2023

Last Buyer's Agent

Dustin Heggem

Acuity Group Listed on: 02/15/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,106

Lot Details

  • Zoning described as Industrial

Community Details

  • No Home Owners Association
  • Otsego I 94 Industrial Park 4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118238001010

Property Details

Property Type

Land

Est. Annual Taxes

$4,106

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Subdivided
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Soil Test Available

Exterior Features

  • Soil Type: Clay,Loam,Sand

Utilities

  • Utilities: Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • Topography: Gently Rolling
  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 118238001010
  • Tax Annual Amount: 4106
  • TaxWithAssessments: 4106.0000

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $512,500 -21.2% --
02/11/2025 02/11/25 Pending -- -- --
02/19/2024 02/19/24 For Sale $650,000 +26.8% --
02/16/2024 02/16/24 Off Market $512,500 -- --
11/21/2023 11/21/23 Price Changed $650,000 -16.1% --
02/15/2023 02/15/23 For Sale $775,000 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6333332

NorthstarMLS