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.
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Zillow last checked:
Listing updated:
Listed by:
Andrew Newton612-584-7328,
Edina Realty, Inc.,
Fred Schmidt, GRI651-402-3996
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6753737
Facts & features
Interior
Features
Has basement: No
Property
Lot
Size: 66.6 Acres
Dimensions: 1305 x 2355 x 1305 x 2355
Features: Green Acres, Irregular Lot, Tree Coverage - Light
Topography: Level
Details
Parcel number: 160004520
Zoning description: Residential-Multi-Family
Utilities & green energy
Utilities for property: Broadband Available, Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available, Water Available
Community & HOA
Community
Features: No
HOA
Has HOA: No
Location
Region: North Branch
Financial & listing details
Annual tax amount: $2,480
Date on market: 7/14/2025
Inclusions: Easements, Platted, Soil Test Available, Torrens
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/17/2026
Price change
$700,000+3.7%
Source: NorthstarMLS as distributed by MLS GRID #6753737Report a problem
4/20/2026
Price change
$675,000-10%
Source: NorthstarMLS as distributed by MLS GRID #6753737Report a problem
7/14/2025
Listed for sale
$750,000+3.4%
Source: NorthstarMLS as distributed by MLS GRID #6753737Report a problem
7/1/2025
Listing removed
$725,000
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
7/26/2024
Price change
$725,000-3.3%
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
7/1/2024
Price change
$750,000-14.3%
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
7/31/2023
Price change
$875,000-2.6%
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
6/7/2023
Price change
$898,000-10.2%
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
3/1/2023
Price change
$999,999-20%
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
7/1/2021
Listed for sale
$1,250,000
Source: NorthstarMLS as distributed by MLS GRID #6018903Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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