Call Us Contact

My notes for this property

Add listing to my favorites (required)
$368,000  (list price)
/mo   Edit
Lot/Land:  Lot/Land
9.25 acres
Sauk Rapids-Rice schools
MLS# 5150179
My rating:
Request a Showing:
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Thank You!

    An agent will be in contact with you soon to answer your question.

    Description:   Great Investment Opportunity! 9.25 Acres of Multi-Family land which includes 4.12 Usable Acres for the Development of a 78 Unit Apartment Building, Townhomes or Condominiums. This property overlooks several beautiful acres of natural wetlands & is just 1 mile South of Sauk Rapids High School. Investors bring your own builder or utilize our Design Build Option! A layout for a 78 unit apartment building is available upon request. Land lease option is open. Contract for Deed terms available.
    List Price: $368,000
    Sold Price: $245,000
    Sold Date: 08/31/2020
    Property Type: Lot/Land
    Listing Status: Sold
    Contingency: None
    Property Style: Lot/Land
    City: Sauk Rapids
    County: Benton
    State: MN
    Zip Code: 56379


    Road Frontage: City Street, Paved Streets


    Acres: 9.25
    Front Dimensions: 961
    Land Inclusions: Platted, For Sale Sign
    Left Dimensions: 405
    Latitude: 45.59426000
    Longitude: -94.13184100
    Lot Size Dim.: 961 X 405 X 1012 X 405
    Minimum Lot Size: 403010
    Plat Recorded: Y
    Restrictions/Covenants: None
    Right Dimensions: 405
    Dev/Complex Name: Turning View Estates Outlot B
    Topography: Level
    Zoning: Residential-Multi-Family


    School District: 47
    District Phone: 320-253-4703

    Financial & Taxes

    Association Fee: None
    Tax Year: 2018
    Annual Taxes: $1,840
    Assessment Pending: No
    Taxes w/ Assessments: $1,840


    Development Status: Site Plan Approved
    Improvements: None
    Available Utilities: None Connected, Electricity Available, Natural Gas Available, Water Available, Sewer Available
    On-Site Utilities: None

    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

    Jeff Zajac
    Area Sales Manager
    Truestone Home Mortgage
    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.


    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  


    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.