Price Reduction
Address
2575 Cates Ranch Drive Medina, MN
Price
$ 4,315,000
Property Attributes
  • MLS#4770516
  • TypeLand
  • CountyHENNEPIN
  • CityMedina
  • Zip55340
  • Style
  • Taxes4057
  • Price$ 4,315,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size30.18 Acres
Listing Provided Courtesy Of:
United Country Pro Realty
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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/14/2016 Listed $4,600,000
1/26/2018 5% - $4,370,000
4/9/2018 1% - $4,345,000
5/15/2018 1% - $4,320,000
6/19/2018 1% - $4,315,000

General Features

Available Utilities Electric, Telephone
Contingency None
HOA Fee 0.00
Listing Status Active
Municipality Medina
Property Type LL
Restrictions None
School District 883 - Rockford
Zoning Business/Commercial

Exterior Features

Development Status Raw Land
Lender Owned No
Builder Restrictions Open
Front Dimensions 1100
Improvements Paved Streets
Land Inclusions Abstract
On Site Utilities None
Out Buildings Pole Building, Barn
Topography Level, Sloped

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55340

Price
AVG $1.33M
$4.32M
Taxes
AVG $4,525
$4,057
Visits
AVG 178
688

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