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2575 Cates Ranch Drive, Medina, MN 55340

$4,315,000

  • For Sale
  • Active
  • Lots/Land
  • 30.18 Acres
2575 Cates Ranch Drive, Medina, MN 55340View this property at 2575 Cates Ranch Drive, Medina, MN 55340
2575 Cates Ranch DriveMedinaMN55340
Property Description
REDUCED PRICE! Buy one parcel or the whole lot. The City of Medina is HIGHLY motivated to develop fast-growing W Hwy 55 corridor. Desirable commercial development land. Investment - values continue to rise based on growth projections - 1031 exchange opportunities. 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, etc. City flexible on zoning changes. Buildings on land.

Full Property Details for 2575 Cates Ranch Drive

General

  • Price: $4,315,000
  • Taxes: $4,057 (2016)
  • Status: Active
  • Type: Lots/Land
  • MLS ID: 4770516
  • Updated: 6/19/2018
  • Added: 645 day(s) ago

Additional Information

  • Improvements: Paved Streets

Location

  • County: Hennepin
  • Driving Directions: HWY 55 West to right on Willow Drive, right on Cates Ranch Dr to property.

School Information

  • School District: 883 - Rockford

Utilities

  • Not Onsite: Electric, Telephone

Lot Features

  • Lot Size (Acres): 30.18
  • Dimensions Front: 1100
  • Dimensions Left: 700
  • Dimensions Rear: 1100
  • Dimensions Right: 1100
  • Topography: Level, Sloped
  • Development Status: Raw Land
  • Land Inclusions: Abstract
  • Zoning: Business/Commercial

Financial Considerations

  • Tax w/Assessment: $4,057
  • Tax Amount: $4,057
  • Tax Year: 2016
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 001 CATES RANCH 2ND ADDN
  • Restrictions: Open
  • Property ID: 411823140004
  • Plat: N

Listed by United Country Pro Realty

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Schools

Schools serving 2575 Cates Ranch Drive

Score
Name
Grades
Distance
5
7650 County Road 50, Rockford, MN 55373
PK-4
7 mi
6
6051 Ash Street, Rockford, MN 55373
5-8
7.7 mi
7
7600 County Road 50, Rockford, MN 55373
9-12
6.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 2575 Cates Ranch Drive Get Price Alerts

Date
Details
Price
Change
Source
6/19/2018
Price Reduced
$4,315,000
-0.12%
MLS
5/15/2018
Price Reduced
$4,320,000
-0.58%
MLS
4/09/2018
Price Reduced
$4,345,000
-0.57%
MLS
1/26/2018
Price Reduced
$4,370,000
-5%
MLS
10/12/2016
Listed
$4,600,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 2575 Cates Ranch Drive

Listed by United Country Pro Realty

2575 Cates Ranch Drive, Medina, MN 55340 (MLS# 4770516) is a Lots/Land property with a lot size of 30.180 acres. 2575 Cates Ranch Drive is currently listed for $4,315,000 and was received on October 12, 2016. Want to learn more about 2575 Cates Ranch Drive? Do you have questions about finding other Lots/Land real estate for sale in Medina? You can browse all Medina real estate or contact a Coldwell Banker agent to request more information.