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2575 Cates Ranch Drive, Medina, MN 55340

$4,345,000

  • 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 Detailsfor 2575 Cates Ranch Drive

General

  • Price: $4,345,000
  • Taxes: $4,057 (2016)
  • Status: Active
  • Type: Lots/Land
  • MLS ID: 4770516
  • Updated: 4/9/2018
  • Added: 561 day(s) ago

Property History

  • 2575 Cates Ranch Drive, Medina, MN
  • Reduced to $4,345,000 on 4/9/18
  • Reduced to $4,370,000 on 1/26/18
  • Listed at $4,600,000 on 10/12/16

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

Schoolsserving 2575 Cates Ranch Drive

School District:Rockford Public School District
School Name
Grades
Distance
Rockford Elementary School
7650 County Road 50, Rockford, MN 55373
PK-4
7 mi
Rockford Middle School
6051 Ash Street, Rockford, MN 55373
5-8
7.7 mi
Rockford High School
7600 County Road 50, Rockford, MN 55373
9-12
6.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 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 $4,345,000 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.