Log In/Sign Up
Your email has been sent.
380 Lake Erin Dr - Lake Erin Estate Second Addition 22 Acres of Residential Land Offered at $2,200,000 in Green Isle, MN 55338
Investment Highlights
- Few lots connected to lake Erin
- other lots have access to lake in 100 feet
Executive Summary
Shovel-ready for immediate development
Potential for phased buildout or full-scale project
Family-friendly community with limited housing inventory
High potential for appreciation in a low-competition market. 41 approved residential lots
Zoned Residential. City water & sewer available. TIFF approved . ROI is 40% over the period of 3 years. Close to Twin cities
Potential for phased buildout or full-scale project
Family-friendly community with limited housing inventory
High potential for appreciation in a low-competition market. 41 approved residential lots
Zoned Residential. City water & sewer available. TIFF approved . ROI is 40% over the period of 3 years. Close to Twin cities
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 1-41
| Price | $2,200,000 | Lot Size | 22.00 AC |
| Price Per AC | $100,000.00 |
| Price | $2,200,000 |
| Price Per AC | $100,000.00 |
| Lot Size | 22.00 AC |
Lakefront Development – 41 Lots on Lake Erin | Green Isle, MN All lots offer direct lake access, electricity, and road infrastructure. Ideal for builders, developers, or investors. Residential zoned and TIFF approved
1 1
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
380 Lake Erin Dr - Lake Erin Estate Second Addition
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.