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4xxx lincoln street St - Delano River Bluffs 10 Acres of Commercial Land Offered at $750,000 in Delano, MN 55328
Investment Highlights
- Zoned commercial with guided toward single family senior apartments 55+
- Private flat buildable site sloping towards Crow River
- River front with park dedication and connection to city trails and bike path to downtown and pickle ball courts inside/outside ( Forum and city park )
Executive Summary
Seller open to discuss optional partnership on 6 remaining acres high ground for twin homes.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| 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 | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| Sale Conditions | Total Lot Size | 10.00 AC | |
| No. Lots | 1 | Cross Streets | County Road 16 |
| Property Type | Land |
| Price | $750,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 10.00 AC |
| Cross Streets | County Road 16 |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 10.00 AC |
| Price Per AC | $75,000.00 |
| Price | $750,000 |
| Price Per AC | $75,000.00 |
| Lot Size | 10.00 AC |
Approximately 10+ acres along the Crow River ideal for senior 55+ housing apartment building and additional 6 acres for total of 84 city approved units. In addition to apartment, there is room for 15 twin homes 55+ ( 30 side/side units twin homes).
Property Taxes
| Parcel Number | 107-025-003010 | Total Assessment | $203,900 |
| Land Assessment | $203,900 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
107-025-003010
Land Assessment
$203,900
Improvements Assessment
$0
Total Assessment
$203,900
Annual Taxes
($1)
Tax Year
2025 Payable 2025
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4xxx lincoln street St - Delano River Bluffs
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