XXX Division - XXX Division Street

11.7 Acres of Commercial Land Offered at $1,950,000 in Northfield, MN 55057

INVESTMENT HIGHLIGHTS

  • One of the Last Prime Development Opportunities Left Within the City Limits
  • Centrally Located Between Spring Creek & Bridgewater Elementary Schools, Northfield Middle School, and Northfield High School
  • Level Grade Ready For Development
  • Owner Financing Available

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER AC
Taxes $2,025 $173.08
Operating Expenses - -
Total Expenses $2,025 $173.08

PROPERTY FACTS

Price $1,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 11.70 AC

1 LOT AVAILABLE

Lot

Price $1,950,000
Price Per AC $166,666.67
Lot Size 11.70 AC

New Price: Exceptional Opportunity to acquire one of the last PRIME acreage properties within Northfield city limits. Zoned N2-B (Neighborhood General 2), this property offers a wide variety of development possibilities far beyond the proposed plat.

DESCRIPTION

New Price: Exceptional Opportunity to acquire one of the last PRIME acreage properties within Northfield city limits. Zoned N2-B (Neighborhood General 2), this property offers a wide variety of development possibilities, far beyond the proposed concept plan. Its HIGHEST & BEST USE could include Market Rate Apartments, A Specialty Care Facility, Daycare Center, Multi-Unit Townhomes, and Shared-Wall Single-Level Garden Homes. Located conveniently on the south side of town, just off Division Street between Spring Creek and Bridgewater Elementary Schools, as well as Northfield Middle and High Schools directly across the street. With numerous parks within walking distance, the potential for this property is endless. Don’t miss out on this rare opportunity.

ZONING

Zoning Code N2-B (Medium density residential Limited commercial (Non-drive thru) 3,500/SF or less)
  • Listing ID: 25594338

  • Date on Market: 4/29/2022

  • Last Updated:

  • Address: XXX Division, Northfield, MN 55057