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12207 Lake Ln - Elms Estates 4.04 Acres of Commercial Land Offered at $1,500,000 in Lindstrom, MN 55045



INVESTMENT HIGHLIGHTS
- On frontage Road and Hwy 8 in town.
- City wants it developed
- Utilities present
EXECUTIVE SUMMARY
Zoned commercial with borders on frontage road and along HWY 8. Lindstrom is a growing community with lots of opportunities and commercial needs. There are roads, a well, electrical and gas on the property. There is also a drain field for a low area of the property. Lindstrom people and city are hoping the land will be developed with both businesses and dwellings as there is a need for both. The City of Lindstrom is drawing up plans for this site. for future developments.
If you are looking for an area to develop with restaurants, businesses, offices, apartments…. Take a look at this opportunity.
Below is a Project map from the city of what they want in that area.
PROPERTY FACTS
| Price | $1,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.04 AC |
| Zoning | C1 - Commercial | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.04 AC |
| Zoning | C1 - Commercial |
1 LOT AVAILABLE
Lot 1
| Price | $1,500,000 | Lot Size | 4.04 AC |
| Price Per AC | $371,287.13 |
| Price | $1,500,000 |
| Price Per AC | $371,287.13 |
| Lot Size | 4.04 AC |
2 PID #'s 15.00617.00 & 15.00619.00 total 4.04 acres with possible surrounding area purchases as well. Seller merging land at the end of their land that comes to a point. All included in sale.
DESCRIPTION
Two parcels of land for sale in downtown Lindstrom. Zoned commercial with borders on frontage road and along HWY 8. Lindstrom is a growing community with lots of opportunities and commercial needs. There are roads, a well, electrical and gas on the property. There is also a drain field for a low area of the property. Lindstrom people and city are hoping the land will be developed with both businesses and dwellings as there is a need for both. The City of Lindstrom is drawing up plans for this site. for future developments. If you are looking for an area to develop with restaurants, businesses, offices, apartments…. Take a look at this opportunity.
PROPERTY TAXES
| Parcel Number | 15-00617-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $575,200 |
PROPERTY TAXES
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12207 Lake Ln - Elms Estates
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