Active

2575 Cates Ranch Drive

Medina MN, 55340

$4,500,000


$3.42 per sqft

Active

30.18 Acres

Land

Development land on highway 55 and Willow Dr. recently upgraded to commercial/industrial zoning and platted for 2 possible office/industrial warehouses. This property is an excellent opportunity for industrial/comm/bus park ventures and is predicted to experience a significant increase in market value in the coming months. Located on the fast-growing Medina West highway 55 corridor, it's one of the last spots for development in the area, with access to sewer and water. This lot has been recently rezoned in May 2023 to industrial/commercial and has a preliminary plat approved for two office warehouses each 132,000sqft & 176,000sqft for a total space of 308,000 sq ft on 30.18 acres Medina's picturesque landscapes, upscale neighborhoods, and excellent amenities add to the appeal of this thriving community. Drive out and witness the area's explosive growth for yourself! Highly motivated to sell and accepting ALL offers!

6449615

MLS ID

October 18, 2023

Listed

February 16, 2024

Updated

Map

2575 Cates Ranch Drive
Medina MN, 55340

Exterior/Building Features

Lot Size

30.18 Acres

School Information

School District

Rockford

Other Property Details

Taxes

$5,230


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Hennepin


Pool

No


Buyer Agency Compensation

2.5%

 

Courtesy of Real Estate Corners, Inc

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Adam Fonda shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 1:03 AM UTC, 2/16/2024

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