For Sale: Lino Lakes MLS# 6507087
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Property Description
Prime transitional investment land located in the path of growth! Has a future guided use of
50 Acres of Industrial and 30 Acres of Residential. Lennar is developing the Watermark Neighborhood to the south, consisting of single-family homes and townhouses. Mega Eagle Brook Church Campus is across the street. There is over 1, 300 SF of frontage on 35E, which is used by over 40, 000 vehicles per day. The home on site, with 2 outbuildings, has potential for rental income. The farmland is leased. This is a great investment for land packaging. It is also an excellent 1031 option.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,000,000
Property Type:
Farm
City:
Lino Lakes
County:
Anoka
State:
MN
Property Style:
Other
Zip Code:
55038
Exterior
Out Buildings:
Pole Building, Storage Shed
Road Frontage:
County Road
Lot & Land
Acres:
80.76
Geolocation:
45.187876, -93.035557
Inclusions:
None
Lot Dimensions:
1, 320 x 2, 598 x 1, 316 x 2, 607
Wooded Acres:
0
Addl Parcels:
123122230002, 123122130001
Restrictions:
None
Zoning:
Agriculture
Lot Description:
Green Acres
Farm
Farm Type:
Beef, Crop, Hobby
Soil Type:
Clay, Loam
Tillable Acres:
65
Pasture Acres:
15
Topography:
Level
Schools
School District:
831
District Phone:
651-982-8103
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,208
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,232
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
80.760
Miscellaneous
Development Status:
Raw Land
Improvements:
Public Road
Available Utilities:
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Private Septic Available
- Private Septic Connected
- Private Well Available
- Private Well Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.