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62 Highway 55 - Medina Land Parcels 0.48 Acres of Commercial Land in Medina, MN 55340
Investment Highlights
- High density land in Medina
Executive Summary
• Access will be through access road on north side of property via Hwy 101
• Frontage onto Highway 55 and Hwy 101
• Ideal location for senior housing, market rate apartments, co-op housing
• Zoned for Residential - Multiple Family (R4)
• Guided for High Density Residential (HDR)
• Wayzata ISD #284
• Frontage onto Highway 55 and Hwy 101
• Ideal location for senior housing, market rate apartments, co-op housing
• Zoned for Residential - Multiple Family (R4)
• Guided for High Density Residential (HDR)
• Wayzata ISD #284
Financial Summary (Actual - 2020) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$2,696
|
$5,616.67
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,696
|
$5,616.67
|
Financial Summary (Actual - 2020)
| Taxes | |
|---|---|
| Annual | $2,696 |
| Annual Per AC | $5,616.67 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $2,696 |
| Annual Per AC | $5,616.67 |
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.48 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | Year Built | 1960 |
| Zoning | Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.48 AC |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | Residential |
1 Lot Available
Lot
| Lot Size | 0.48 AC |
| Lot Size | 0.48 AC |
Description
• Zoned for Residential - Multiple Family (R4) • Guided for High Density Residential (HDR)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-118-23-14-0004 | Total Assessment | $325,400 (2024) |
| Land Assessment | $102,500 (2024) | Annual Taxes | $2,696 |
| Improvements Assessment | $222,900 (2024) | Tax Year | 2020 |
Property Taxes
Parcel Number
12-118-23-14-0004
Land Assessment
$102,500 (2024)
Improvements Assessment
$222,900 (2024)
Total Assessment
$325,400 (2024)
Annual Taxes
$2,696
Tax Year
2020
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62 Highway 55 - Medina Land Parcels
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