ZONED B Business/Commercial with approximately 5 acres of buildable land with quite the setting!! Major traffic counts on State Highway 95 with superb visibility. 5+ acres high, dry and buildable with incredible road frontage on one side and awesome views of river and hillside of trees on the other. Only one mile to the freeway. Imagine the possibilities!! Bring your ideas and dreams. We can build to suit, if you wish.Subject to lot split
Discover a gem in Minnesota! Entirely nestled within an 'Opportunity Zone', this property isn't just land - it's a golden opportunity for deferring capital gains. With PUD zoning already in place and a prime spot within the Urban Service Area, envision up to 180 units, from charming single-family homes to modern townhomes. And guess what? Essential utilities like water and sewer are just right down the road. Plus, breathe easy with a clean slate - no detected wetlands. Dive into this exciting opportunity!
This 27-acre parcel, located in North Branch, presents a unique development opportunity. Zoned R3, it's suited for high-density residential construction, making it an ideal location for apartment buildings, townhomes, or other high-density projects. Please contact city of North Branch for density requirements and uses. The large size of the parcel provides ample space for a diverse array of development plans. Strategically located, this land is a valuable investment, offering the potential to significantly contribute to the residential growth of the North Branch area. *BONUS: This parcel can be sold in tandem with neighboring parcel to north (MLS # 6018903) which is a mix of R1, R2 & R3 totaling 67 acres. If bought together this could be a massive development opportunity that would span near 100 acres.
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.
The median home value in North Branch, MN is $216,000. This is lower than the county median home value of $239,900. The national median home value is $219,700. The average price of homes sold in North Branch, MN is $216,000. Approximately 81.72% of North Branch homes are owned, compared to 14.55% rented, while 3.73% are vacant. North Branch real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Branch real estate agent to arrange a tour today!
North Branch, Minnesota 55056 has a population of 10,241. North Branch 55056 is more family-centric than the surrounding county with 41.08% of the households containing married families with children. The county average for households married with children is 34.29%.
The median household income in North Branch, Minnesota 55056 is $73,932. The median household income for the surrounding county is $76,747 compared to the national median of $57,652. The median age of people living in North Branch 55056 is 35.9 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of -1 degrees. The average rainfall is approximately 31.9 inches per year, with 51.1 inches of snow per year.