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State Highway 57
Plymouth, WI 53073
Land For Sale
·
59.87 AC
Investment Highlights
- • High-density residential land with multiple parcels allowing flexible development strategies
- • Prominent frontage along Highway 55 with additional access via Highway 101
- • Zoned Residential Multiple Family with guidance for high-density residential uses
- • Ideal for market-rate apartments, senior housing, or cooperative housing concepts
Executive Summary
This high-density residential land offering in Medina, Minnesota presents a rare opportunity to assemble multiple parcels in a premier west metro growth corridor. Strategically positioned along Highway 55 with additional frontage and access via Highway 101, the site benefits from exceptional regional visibility and connectivity while remaining integrated within an established residential setting. The surrounding area is characterized by strong household incomes, steady population growth, and a desirable suburban lifestyle that continues to attract new residents to the community.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 59.87 AC |
| Zoning | Residential - Residential Multiple Family | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 59.87 AC |
| Zoning | Residential - Residential Multiple Family |
1 Lot Available
Lot
| Price | $720,000 | Lot Size | 59.87 AC |
| Price Per AC | $12,026.06 |
| Price | $720,000 |
| Price Per AC | $12,026.06 |
| Lot Size | 59.87 AC |
59.87 Acres (2 parcels)
Description
The site is located within the Wayzata School District, a highly regarded district that continues to be a key driver of residential demand in the area. Surrounding neighborhoods feature a mix of established housing, retail services, and recreational amenities, creating a balanced environment that supports long-term residential absorption. With favorable demographics, strong infrastructure, and clear development guidance, this offering represents a compelling opportunity for developers seeking scale, visibility, and long-term growth in Medina.
Property Taxes
| Parcel Number | 59016215070 | Improvements Assessment | $0 |
| Land Assessment | $8,000 | Total Assessment | $8,000 |
Property Taxes
Parcel Number
59016215070
Land Assessment
$8,000
Improvements Assessment
$0
Total Assessment
$8,000
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