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5581 Shoreline Dr - Mound Redevelopment Site 0.25 Acres of Commercial Land Offered at $475,000 in Mound, MN 55364

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Investment Highlights

Site has been cleared of trees and previous structure.
High income area with median income over $180,000 in 3 mile area.

Potential to acquire adjacent City owned land.

Executive Summary

Mixed-use land for sale, perfect location for small apartment or townhome development.

Marketing Brochure/Flyer

Property Facts

Price	$475,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Mixed Use Multifamily Apartment Units - Condo Bank General Freestanding Hold For Development Hold For Investment Loft or Creative Space Medical Restaurant Single Family Development Storefront, Retail or Office Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.25 AC
Property Type	Land
Zoning	Mixed-Use Commercial - Zoned Mixed-Use Downtown District (MU-D) and Guided for Mixed-Use which allows for housing of 8-15 units per acre

Price	$475,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use Multifamily Apartment Units - Condo Bank General Freestanding Hold For Development Hold For Investment Loft or Creative Space Medical Restaurant Single Family Development Storefront, Retail or Office Storefront, Retail or Residential
Total Lot Size	0.25 AC
Zoning	Mixed-Use Commercial - Zoned Mixed-Use Downtown District (MU-D) and Guided for Mixed-Use which allows for housing of 8-15 units per acre

1 Lot Available

Lot

Price	$475,000	Lot Size	0.25 AC
Price Per AC	$1,900,000.00

Price	$475,000
Price Per AC	$1,900,000.00
Lot Size	0.25 AC

.25 acres near Dakota Rail Trail, parks, Lake Minnetonka access, and schools.

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Bike Score®

Very Bikeable (73)

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Property Taxes

Parcel Number	13-117-24-33-0015	Improvements Assessment	$153,000
Land Assessment	$142,000	Total Assessment	$295,000

Property Taxes

Parcel Number

13-117-24-33-0015

Land Assessment

$142,000

Improvements Assessment

$153,000

Total Assessment

$295,000

(612) 839-1005

Contact

Brian Pankratz
CBRE, Inc.

Listing ID: 38181788
Date on Market: 10/23/2025
Last Updated:
Address: 5581 Shoreline Dr, Mound, MN 55364

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