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39590 Hemingway Avenue

North Branch, MN 55056

– beds
– baths
– sqft
– on site

Major price drop on this prime parcel in a MN Opportunity Zone. Unleash your creativity with high-density multi-family zoning that accommodates a broad spectrum of uses, including multi-family apartments, twin homes, and single-family properties. Property can be divided or phased. Mix of R3, R2, R1 zoning enhances the potential for diverse development. City utilities accessible on SW corner. Documentation from previous development plans and soil tests available upon request. This plot is dry land and is a golden opportunity for those seeking a substantial investment, especially for 1031 exchange purposes. Be the architect of the next grand development in the area.

Listing courtesy of NORTHSTAR / Andrew Newton / Edina Realty, Inc.

Last checked: Checking… • Last updated Jul 26, 2024 •

MLS# 6018903 —

The Building

Development Status:

Raw Land

Location

Directions:

35E North to 95. East two miles to Hemingway. North to property.
Latitude:

45.5229740838
Longitude:

-92.9658871382

The Property

Parcel Number:

160004520
Zoning Description:

Residential-Multi-Family
Property Type:

Land
Property Subtype:

Acreage
Additional Parcels:

false
Lot Features:

Green Acres, Irregular Lot, Tree Coverage - Light
Lot Size Area:

66.6
Lot Size Dimensions:

1305x2355x1305x2355
Lot Size Units:

Acres
Topography:

Level
Road Frontage Type:

Paved Streets
Road Responsibility:

Public Maintained Road
Soil Type:

Loam,Sand
Land Lease:

true
Land Lease Amount:

100
Taxable Acres:

66.500
Improvements:

Paved Streets,Public Road

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2480
Tax With Assessments:

2480.0000

Utilities

Utilities:

None Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Schools

High School District:

North Branch

The Community

Association:

false
Assessment Pending:

No

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Max Internet Speed

Midco

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
7/26/24 Jul 26, 2024	Price Changed	NORTHSTAR	$725,000	-3.3%
7/1/24 Jul 1, 2024	Price Changed	NORTHSTAR	$750,000	-14.3%
7/31/23 Jul 31, 2023	Price Changed	NORTHSTAR	$875,000	-2.6%

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Similar sold homes

This plot of land located in North Branch, MN 55056 is currently for sale for $725,000. 39590 Hemingway Avenue is a – square foot plot of land with – beds and – baths that has been on Estately for 1,241 days. This plot of land is in the attendance area of Sunrise River Elementary School, Distance Learning Program, North Branch Area Middle School, and North Branch Area High School.

Listing Courtesy of: NORTHSTAR and Edina Realty, Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.