For Sale: Elk River MLS# 7019772
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Property Description
Prime 5-Acre Opportunity on Highway 101!
Unlock the potential of this expansive 5-acre level lot boasting an impressive 417 feet of frontage alonghighly traveled Highway 101. This property offers exceptional visibility and access, making it anoutstanding prospect for development. With strong potential for near-future commercial rezoning (buyer toverify with local authorities), this site is ideal for investors, business owners, or developers seekinga strategic location for future growth. Utilities are nearby and the level terrain provides a blankcanvas for your vision. Don’t miss out on this rare opportunity to secure a high-exposure parcel in arapidly developing area!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$600,000
Property Type:
Lot/Land
City:
Elk River
County:
Wright
Year Built:
1905
State:
MN
Property Style:
Lot/Land
Zip Code:
55330
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- Cul De Sac
- Highway
- State Road
Lot & Land
Acres:
4.92
Geolocation:
45.2450063451, -93.5564727619
Inclusions:
None
Lot Dimensions:
517 x 417 x 469 x 422
Restrictions:
Open
Zoning:
- Business/Commercial
- Lot
- Residential-Single Family
Lot Description:
- Cleared
- Underground Utilities
Farm
Soil Type:
Loam, Sand
Topography:
Level
Schools
School District:
2241
District Phone:
7632413400
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,704
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,704
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Fence, Public Road
Available Utilities:
- Broadband Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Phone Connected
- Private Septic Available
- Private Well Available
- Underground Utilities Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Classic Rlty NW.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.