21566 Highway 169, Elk River, MN 55330

Overview

Description

For Sale 132.55 acres of prime commercial development land in Elk River, MN. This property is situated within the city limits of Elk River along Highway 169. This is a former farm homestead that has been in the same family for generations. The site consists of three adjoining parcels: PID#: 75-00110-2415, Acres: 26.45, Zoned: R1a, I2, ME, PID#: 75-00110-3110, Acres: 57.61, Zoned: R1a, I2, ME, PID#: 75-00803-0110, Acres: 48.49, Zoned: R1a, I2, ME. The old home and outbuildings are vacant and are not being sold for residential use. This is a redevelopment sale and will only be sold as a single site sale and not divided. This site is perfect for many possible uses against the permitted zoning including but not limited to R1a - Residential Single-Family Development, I2 - Medium Industrial, & ME - Mineral Excavation. This land development site for sale has been priced right to sell and all data supports the disposition value.

General Property Information

Comp Sale YN: Yes
Development: Yes
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: Yes
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Lot Dimensions: 3246 x 1778
Acres: 132.55
Assessment Pending: Unknown
Association Fee: 0

Property Features

Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available Development Status: Raw Land Financing Terms: Conventional Improvements: None Land Inclusions: None Sellers Terms: Cash; Conventional; Other Topography: Gently Rolling; Level

Contract Information

Maximum Price: 1950000
Minimum Price: 1950000
Off Market Date: 2025-03-03
Contingency: None
Closed Date: 2025-07-02
Original List Price: 1950000
Sales Close Price: 1950000
ListPrice: 1950000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 21566
Street Name: Highway 169
Postal City: Elk River
County: Sherburne
State: MN
Zip Code: 55330

Acreage Information

Maximum Acres: 132.55
Minimum Acres: 132.55

Additional Parcels Information

Property ID #2: 75008030110
Property ID #3: 75001102415

More Information

Assessments

Tax With Assessments: 15374
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

Dimension Information

Lot Size Min: 132.55

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
Total Lots Available: 3

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 26
Section#: 10
Township#: 33

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: DOC NO 139018 S 1-2 OF S 1-2 OF NW 1-4 OF ROAD., DOC NO 139018 N 1-2 OF SW 1-4 W OF HWY 169., LOT 2, BLK 1
Listing City: Elk River
Map Page: 19
Municipality: Elk River
School District: Elk River
School District Phone: 763-241-3400
Zip Plus 4: 5937
Property ID Number: 75001103110
Tax Year: 2024
Tax Amount: 15374
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: For Sale 132.55 acres of prime commercial development land in Elk River, MN. This property is situated within the city limits of Elk River along Highway 169. This is a former farm homestead that has been in the same family for generations. The site consists of three adjoining parcels: PID#: 75-00110-2415, Acres: 26.45, Zoned: R1a, I2, ME, PID#: 75-00110-3110, Acres: 57.61, Zoned: R1a, I2, ME, PID#: 75-00803-0110, Acres: 48.49, Zoned: R1a, I2, ME. The old home and outbuildings are vacant and are not being sold for residential use. This is a redevelopment sale and will only be sold as a single site sale and not divided. This site is perfect for many possible uses against the permitted zoning including but not limited to R1a - Residential Single-Family Development, I2 - Medium Industrial, & ME - Mineral Excavation. This land development site for sale has been priced right to sell and all data supports the disposition value.
Directions: I-35W North, US-10 West, North on US-169, Property on West side of US-169.

Development Status

Raw Land: Yes

Financing Terms

Conventional: Yes

Insurance Fee

Insurance Fee: 0

Restriction/Covenants

None: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Other: Yes

Topography

Gently Rolling: Yes
Level: Yes

Available Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
None Connected: Yes
Sewer Available: Yes
Water Available: Yes

Improvements

None: Yes

Land Inclusions

None: Yes