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2301 Crosby Rd - Minnetonka Redevelopment Land 41.54 Acres of Residential Land in Wayzata, MN 55391

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INVESTMENT HIGHLIGHTS

Minnetonka redevelopment residential development opportunity
Infill location

Prime location along Minnetonka/Wayzata border

EXECUTIVE SUMMARY

Redevelopment site perfect for a variety of residential uses including villas, single family, townhomes, rowhomes. Quick access to downtown Wayzata via McGinty Rd. Property includes 5 parcels totaling over 41 gross acres.

Minnetonka Crosby Rd, 41.54 acres

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Conditions	1031 Exchange Build to Suit Bulk/Portfolio Sale Redevelopment Project	Proposed Use	Apartment Units - Condo Apartment Units - Senior Daycare Center Hold For Development Hold For Investment Planned Unit Development Religious Facility Schools Single Family Development Single Family Residence
No. Lots	1	Total Lot Size	41.54 AC
Property Type	Land

Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Build to Suit Bulk/Portfolio Sale Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units - Condo Apartment Units - Senior Daycare Center Hold For Development Hold For Investment Planned Unit Development Religious Facility Schools Single Family Development Single Family Residence
Total Lot Size	41.54 AC

1 LOT AVAILABLE

Lot

Lot Size	41.54 AC

Lot Size	41.54 AC

Prime redevelopment site located on the Minnetonka/Wayzata border. Site totals over 41 acres. Quick access to I-394 & I-494 via McGinty Rd. Near parks, schools, shopping, major employers, and Lake Minnetonka.

DESCRIPTION

Prime redevelopment opportunity located on Minnetonka/Wayzata border. Quick access to I-394 & I-494 via McGinty Rd. Quick access to parks, shopping, schools, Lake Minnetonka, downtown Wayzata, major employers. High income area and great demographics. Infill location. Perfect location for villas, single family, rowhomes, senior co-op, townhomes. Located in Wayzata and Hopkins School Districts.

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2301 Crosby Rd, Wayzata, MN - AERIAL map view

PROPERTY TAXES

Parcel Numbers	Multiple 09-117-22-23-0005 09-117-22-24-0030 09-117-22-23-0006 09-117-22-31-0004 09-117-22-31-0005	Improvements Assessment	$901,000
Land Assessment	$2,650,500	Total Assessment	$3,551,500

PROPERTY TAXES

Parcel Numbers

Multiple

09-117-22-23-0005
09-117-22-24-0030
09-117-22-23-0006
09-117-22-31-0004
09-117-22-31-0005

Land Assessment

$2,650,500

Improvements Assessment

$901,000

Total Assessment

$3,551,500

(612) 839-1005

CONTACTS

Brian Pankratz
John Ferlita
CBRE, Inc.

Listing ID: 39102226
Date on Market: 1/15/2026
Last Updated:
Address: 2301 Crosby Rd, Wayzata, MN 55391

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2301 Crosby Rd, Wayzata, MN for sale Primary Photo- Image 1 of 3 — Minnetonka Crosby Rd Image 1

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