Prime 1.7-acre corner site on Hwy 10 with excellent visibility and high traffic counts. Currently zoned C2 with limited commercial uses. Comprehensive Plan guides the property for medium=density residential (up to 10 units per acre). City has indicated receptiveness to R-3 rezoning, make this an ideal opportunity for townhome, multifamily, or senior housing development. Strong nearby housing demand supports the area, with neighboring properties reporting extended waitlists for 2 bed units and rates around $1700/month. Senior housing benefits from reduced parking requirements, allowing for more efficient layout. Existing home is a teardown and sold as-is. Buyer to verify all zoning, density, market and development requirements.
Active
$575,000
8054 Spring Lake Rd NE, Spring Lake Park, MN 55432
--beds
--baths
1.66Acres
Unimproved Land
Built in 1937
1.66 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 89 days |
- 125 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Mary Sabby 763-370-0207,
Counselor Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7068759
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Fencing: Full
Lot
- Size: 1.66 Acres
- Dimensions: 378 x 192 x 92 x 257 x 191
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
- Topography: Level
Details
- Parcel number: 063023320043
- Zoning description: Business/Commercial
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available
Community & HOA
Community
- Features: No
- Subdivision: Auditors Sub 89
HOA
- Has HOA: No
Location
- Region: Spring Lake Park
Financial & listing details
- Tax assessed value: $293,700
- Annual tax amount: $4,440
- Date on market: 5/6/2026
- Inclusions: None
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,663/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $575,000 |
Source:  NorthstarMLS as distributed by MLS GRID #7068759 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,188 +11.3% | $293,700 +0.5% |
| 2024 | $3,762 +14.3% | $292,200 +3.5% |
| 2023 | $3,290 -8.8% | $282,400 +8.4% |
| 2022 | $3,608 +8.9% | $260,500 +5.7% |
| 2021 | $3,312 -10.3% | $246,500 +5.2% |
| 2020 | $3,692 +41.3% | $234,300 +14.9% |
| 2019 | $2,612 | $204,000 |
| 2018 | $2,612 | $204,000 +15% |
| 2017 | $2,612 | $177,400 |
| 2016 | $2,612 -0.4% | -- |
| 2015 | $2,622 +5.3% | $170,800 |
| 2014 | $2,490 +1% | -- |
| 2013 | $2,466 -9.5% | -- |
| 2012 | $2,724 +6.2% | -- |
| 2011 | $2,564 | -- |
| 2010 | -- | -- |
| 2009 | $2,846 -1.2% | -- |
| 2008 | $2,882 +14.5% | -- |
| 2007 | $2,516 +18% | -- |
| 2006 | $2,132 +18.2% | -- |
| 2005 | $1,804 +16.5% | -- |
| 2004 | $1,548 +22.1% | -- |
| 2003 | $1,268 +2.8% | -- |
| 2002 | $1,234 -1.9% | -- |
| 2001 | $1,258 +13.5% | -- |
| 2000 | $1,109 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 55432
Nearby schools
GreatSchools rating
- 5/10Sunnyside Elementary SchoolGrades: 1-5Distance: 1.6 mi
- 6/10Edgewood Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Irondale Senior High SchoolGrades: 9-12Distance: 1.9 mi
- $271,3002 bd1 ba986 sqft1790 Highway 10 Spg, Minneapolis, MN 55432Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
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