8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
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$ 575,000
Est. payment | /mo

1.66 Acres Lot


Save
$ 575,000
Est. payment | /mo
Save

1.66 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Auditors Sub 89

MLS Listing ID 7068759

Year Built 1937

Annual Tax Amount $4,440

Tax Year 2026

Contingent None

Lot Size 1.661 Acres

Lot Dimensions 378x192x92x257x191

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.

Location

State MN

County Ramsey

Zoning Business/Commercial

Interior

Inclusions None

Fireplace No

Exterior

Fence Full

Utilities Available Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium

Schools

School District Mounds View

Others

Restrictions Open

Listed by Mary Sabby • Counselor Realty
Nearby Locations
Joe Mack

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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8054 Spring Lake RD NE