For Sale: Spring Lake Park MLS# 7068759
Active
$575,000
Lot/Land: Lot/Land
Built 1937
1.661 acres
Mounds View schools
MLS# 7068759
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Property Description
Prime 1.7-acre corner site on Hwy 10 with excellent visibility and high traffic counts. Currently zoned C2 with limited commercial uses. Comprehensive Plan guides the property for medium=density residential (up to 10 units per acre). City has indicated receptiveness to R-3 rezoning, make this an ideal opportunity for townhome, multifamily, or senior housing development. Strong nearby housing demand supports the area, with neighboring properties reporting extended waitlists for 2 bed units and rates around $1700/month. Senior housing benefits from reduced parking requirements, allowing for more efficient layout. Hwy 10 corridor improvements and potential lane/access modifications may impact future access. Existing home is a teardown and sold as-is. Buyer to verify all zoning, density, market and development requirements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$575,000
Property Type:
Lot/Land
City:
Spring Lake Park
County:
Ramsey
Year Built:
1937
State:
MN
Property Style:
Lot/Land
Zip Code:
55432
Subdivision Name:
Auditors Sub 89
Exterior
Fencing:
Full
Road Responsibility:
Public Maintained Road
Road Frontage:
- County Road
- Highway
- Paved Streets
- Storm Sewer
- Street Lights
- Township
Lot & Land
Acres:
1.661
Geolocation:
45.114056, -93.225745
Inclusions:
None
Lot Dimensions:
378 x 192 x 92 x 257 x 191
Restrictions:
Open
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
621
District Phone:
6516216001
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,440
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,440
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
1.66
Miscellaneous
Development Status:
Other
Improvements:
Public Road, Storm Sewer
Available Utilities:
- Electricity Available
- Natural Gas Available
- None Connected
- Sewer Available
- Storm Sewer Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Counselor Realty.
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.