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21566 Highway 169 - 132.55 Acre Development Site

132.55 Acres of Industrial Land Offered at $1,950,000 in Elk River, MN 55330

Investment Highlights

  • 132.55 Acres
  • Zoned Medium Industrial, Single Family Residential, Mineral Excavation Overlay District
  • Direct Access to US-169
  • 3 Parcels
  • Utilities Available

Executive Summary

Results Commercial is pleased to offer 132.55 acres of prime commercial development land in Elk River, MN. This property is situated within the city limits of Elk River along Highway 169. This is a former farm homestead that has been in the same family for generations. The site consists of three adjoining parcels: PID#: 75-00110-2415, Acres: 26.45, Zoned: R1a, I2, ME, PID#: 75-00110-3110, Acres: 57.61, Zoned: R1a, I2, ME, PID#: 75-00803-0110, Acres: 48.49, Zoned: R1a, I2, ME.
The old home and outbuildings are vacant and are not being sold for residential use. This is a redevelopment sale and will only be sold as a single site sale and not divided. This site is perfect for many possible uses against the permitted zoning including but not limited to R1a - Residential Single-Family Development, I2 - Medium Industrial, & ME - Mineral Excavation. This land development site for sale has been priced right to sell and all data supports the disposition value. Contact the listing brokers with questions or is you wish to tour the site: Mark Hulsey mark@resultscommercial.com or Sawyer Hulsey at sawyer@resultscommercial.com.

Property Facts

Price $1,950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Single Family Development
Total Lot Size 132.55 AC

1 Lot Available

Lot

Price $1,950,000
Price Per AC $14,711
Lot Size 132.55 AC

zoning

Zoning Code R1a, I2, ME (R1a - Residential Single Family, I2 - Medium Industrial, ME - Mineral Excavation Overlay District)
R1a, I2, ME (R1a - Residential Single Family, I2 - Medium Industrial, ME - Mineral Excavation Overlay District)
  • Listing ID: 33087717

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 21566 Highway 169, Elk River, MN 55330

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