$5,265,000 2590 Cates Ranch Drive Medina, MN

MLS: 4770520   Type: Land   County: Hennepin   City: Medina   Zip: 55340     Taxes: $1,623

Mortgage $24,718 /mo

Beds

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Sqr Footage

Acres

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36.92

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REDUCED PRICE Buy 1 parcel or whole lot! City is motivated to develop the fast-growing W Hwy 55 corridor. Desirable commercial development land! Investment - values continue to rise based on growth projections - 1031 exchange opportunities. Area has light industrial/warehouse/offices. 2 miles from Hwy 101 NW industrial/commercial mkt. Many potential uses: Flex/Rd-warehouse dist., light industrial, bulk warehouse, retail, hotel/motel, office space, campus setting. City flexible on zoning changes.

Elementary School

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Price History

10/14/2016 Listed $5,600,000
1/26/2018 5% - $5,320,000
4/9/2018 1% - $5,295,000
5/15/2018 1% - $5,270,000
6/19/2018 1% - $5,265,000

Available Utilities Electric, City Water, Telephone
Contingency None
HOA Fee 0.00
Listing Status Active
Municipality Medina
Property Type LL
Restrictions None
School District 883 - Rockford
Zoning Business/Commercial

Exterior Features

Builder Restrictions Open
Front Dimensions 1300
Improvements Unimproved Streets
Lake/waterfront - Y:n 0
Land Inclusions Abstract
On Site Utilities None
Road Frontage Unpaved Streets
Topography Level

Property Schools



Direct Link:

http://www.realestatebyleo.com/property/133-4770520-2590-Cates-Ranch-Drive-Medina-MN-55340

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Property vs Zip Code Avg (55340)

Price 5.26M Avg 1.28M

Taxes $1,623 Avg $4,429

Acres 36.92 Avg 21.18

Visits 449 Avg 149

Days on Site 616 Avg 340

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Listing Provided Courtesy Of: United Country Pro Realty




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Location & Address

Bridge Realty

Eagan, MN
651-504-1788