$825,000
Wanamingo, MN 55983
MLS# 6363304
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Property Description
Welcome to this exceptional piece of real estate, a 27+ acre land in the heart of Wanamingo. A fantastic opportunity for developers, investors & entrepreneurs looking for a prime location for a new development. Surrounded by a growing city, this land is located 28 miles NW of Rochester & 50 miles SE of the Twin Cities, providing easy access to amenities, employment opportunities & cultural activities. It is adjacent to a new single-family development & has city water already brought through it, making it ideal for development. The City of Wanamingo has agreed to allow this land for development, ensuring a streamlined process for potential buyers. Although there is a current home on the property, it could be removed or rented out while the development is being planned, providing a source of income during the development process. Wanamingo is a welcoming small town in SE Minnesota making it an attractive location. Great opportunity to create something truly special in this growing area.
Details
Maps
None
MLSID: RMLS
Contract Information
Status: Active
Contingency: None
Current Price: $825,000
Original List Price: 950000
ListPrice: 825000
List Date: 2023-05-24
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: irregular
Acres: 27.35
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SECT-31 TWP-110 RANGE-016 27.35 AC ID# 38-0000-27500 E 74 43/100 AC OF NW 1/4 SEC 31 110 16 EX 47 08/100 AC 1.37AC HWY EASE DOC# 410693
Listing City: Wanamingo
Map Page: 999
Municipality: Wanamingo
Rental License?: No
School District Phone: 507-824-2211
House Number: 12360
Street Name: Highway 60
Street Suffix: Boulevard
Postal City: Wanamingo
County: Goodhue
State: MN
Zip Code: 55983
Zip Plus 4: 6225
Property ID Number: 380311000
Tax Year: 2022
In Foreclosure?: No
Tax Amount: 2442
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to this exceptional piece of real estate, a 27+ acre land in the heart of Wanamingo. A fantastic opportunity for developers, investors & entrepreneurs looking for a prime location for a new development. Surrounded by a growing city, this land is located 28 miles NW of Rochester & 50 miles SE of the Twin Cities, providing easy access to amenities, employment opportunities & cultural activities. It is adjacent to a new single-family development & has city water already brought through it, making it ideal for development. The City of Wanamingo has agreed to allow this land for development, ensuring a streamlined process for potential buyers. Although there is a current home on the property, it could be removed or rented out while the development is being planned, providing a source of income during the development process. Wanamingo is a welcoming small town in SE Minnesota making it an attractive location. Great opportunity to create something truly special in this growing area.
Directions: Hwy 52 Blvd to West on Hwy 60 - Land on South Side of Hwy 60, 1/4 mile east of 57.
Assessments
Tax With Assessments: 2442
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 16
Section#: 31
Township#: 110
Property Features
Available Utilities: Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Septic Connected; Private Well Connected; Water Available
Crop Type: Beans
Development Status: Raw Land
Improvements: Other
Land Inclusions: Easements
Outbuildings: Storage Shed
Restriction/Covenants: None
Road Frontage: State Road
Soil Type: Clay; Loam
Topography: Sloped
Listing Office: Edina Realty, Inc.
Last Updated: April - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
