$800,000
$800,000
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95.2 Acres Lot
SOLD DATE : 04/15/2022
Key Details
Sold Price $800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5716766
Sold Date 04/15/22
Annual Tax Amount $1,950
Tax Year 2020
Contingent None
Lot Size 95.200 Acres
Acres 95.2
Lot Dimensions 1x1x1x1
Property Description
This property sits just south of the Cannon Falls city limits and right along Us Hwy 52. The state of MN is in the process of purchasing 5.7 acres of land to create a new road that comes from the north where the current access into the property is and heading it to the SE in order to connect it to County 14 Blvd. The state’s plan is to eliminate the current access from County 14 Blvd to US HWY 52. This will direct all traffic on this new road. The current owner is working on plans to rezone the property with B2 zoning and mixed-use zoning. We believe the property will be highly desirable for commercial development along US Highway 52 and mixed-use development on the Western portion of the property. While waiting and working on the land use change this property offers some excellent hunting opportunities if you are looking for a place to hunt deer, turkey and more. The current CRP income more than pays the current per year property taxes.
Location
State MN
County Goodhue
Zoning Agriculture
Interior
Fireplace No
Exterior
Utilities Available None Connected, None Available
Schools
School District Cannon Falls
Others
Restrictions None
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