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2590 Cates Ranch Drive, Medina, MN 55340

$5,295,000

  • For Sale
  • Active
  • Lots/Land
  • 36.92 Acres
2590 Cates Ranch Drive, Medina, MN 55340View this property at 2590 Cates Ranch Drive, Medina, MN 55340
2590 Cates Ranch DriveMedinaMN55340

Property Description

REDUCED PRICE Buy 1 parcel or whole lot! City is motivated to develop the fast-growing W Hwy 55 corridor. Desirable commercial development land! Investment - values continue to rise based on growth projections - 1031 exchange opportunities. Area has light industrial/warehouse/offices. 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, campus setting. City flexible on zoning changes.

Full Property Detailsfor 2590 Cates Ranch Drive

General

  • Price: $5,295,000
  • Taxes: $1,623 (2016)
  • Status: Active
  • Type: Lots/Land
  • MLS ID: 4770520
  • Updated: 4/9/2018
  • Added: 559 day(s) ago

Property History

  • 2590 Cates Ranch Drive, Medina, MN
  • Reduced to $5,295,000 on 4/9/18
  • Reduced to $5,320,000 on 1/26/18
  • Listed at $5,600,000 on 10/12/16

Additional Information

  • Improvements: Unimproved Streets

Location

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

School Information

  • School District: 883 - Rockford

Utilities

  • Not Onsite: Electric, City Water, Telephone

Lot Features

  • Lot Size (Acres): 36.92
  • Dimensions Front: 1300
  • Dimensions Left: 1120
  • Dimensions Rear: 1300
  • Dimensions Right: 1230
  • Frontage: Unpaved Streets
  • Topography: Level
  • Development Status: Raw Land
  • Land Inclusions: Abstract
  • Zoning: Business/Commercial

Financial Considerations

  • Tax w/Assessment: $1,623
  • Tax Amount: $1,623
  • Tax Year: 2016
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 003 BLOCK 001 CATES RANCH
  • Restrictions: Open
  • Property ID: 411823110002
  • Plat: N

Listed by United Country Pro Realty

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Schools

Schoolsserving 2590 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
6.9 mi
Rockford Middle School
6051 Ash Street, Rockford, MN 55373
5-8
7.6 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 2590 Cates Ranch Drive

Listed by United Country Pro Realty

2590 Cates Ranch Drive, Medina, MN 55340 (MLS# 4770520) is a Lots/Land property with a lot size of 36.920 acres. 2590 Cates Ranch Drive is currently listed for $5,295,000 and was received on October 12, 2016. Want to learn more about 2590 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.