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Active
$549,000
/mo Edit
Lot/Land:  Lot/Land
4.8 acres
Northfield schools
MLS# 6654901
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    Property Description

    Prime Development Land in Northfield, MN Discover a unique investment opportunity with this approximately 5-acre parcel, ideal for multifamily development in Northfield, MN. Perfectly positioned close to schools, shopping, dining, and major highways, this property offers convenience and growth potential. - **Location:** Centrally located with easy access to amenities. - **Zoning:** N2-B – Neighborhood General - Ready for multifamily development. - **Utilities:** Water, sewer, electricity, and gas available at the site. New connections to water & sewer will need to be installed. - **Topography:** On high-ground - **Attractions:** Near St. Olaf and Carleton Colleges, downtown Northfield, and scenic parks. #### Development Potential: With a growing demand for quality housing, this land is perfect for apartments, townhomes, or condos. Northfield's thriving community, strong economy, and beautiful surroundings make this an ideal investment.

    Listing

    Contingency: None
    City: Northfield
    County: Rice
    State: MN
    Property Style: Lot/Land
    Zip Code: 55057

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Cannon River
    DNR Lake ID#: S9990753
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: Creek/Stream

    Lot & Land

    Acres: 4.8
    Geolocation: 44.464809, -93.159335
    Inclusions: For Sale Sign
    Lot Dimensions: 816 x 669
    Restrictions:
    • Easements
    • Easements-Utility
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Farm

    Topography: High Ground, Hilly, Ravine, Scattered Timber

    Schools

    School District: 659
    District Phone: 507-663-0629

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $5,068
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,068
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Curbs, Fence, Paved Streets, Storm Sewer
    Available Utilities:
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
    • Private Septic Connected
    • Private Well Connected
    • Sewer Available

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Revival Commercial Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.