Residential Development Land

62.3 Acres of Residential Land Offered at $1,246,000 USD in Pine City, MN 55063

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,246,000

Property Type
Land

Listing Contacts

Terri Jensen
Terri Jensen
Verified Profile
  • Property Info

Property Overview

Why You'll Love It
Residential Land, Pine City, MN
62.30 acres are now available with annexation into the city of Pine City completed! The City has expressed the need for more land for potential housing development. Electric, gas, and phone lines run along the north side of the parcel; water and sewer will be extended from the north. There are roads along the north and west lines, paved and gravel, with accesses off both roads.
Pine City is in part a resort town, as well as well-situated for those residents working in the Mpls/St Paul metropolitan area. The City is open to discussing TIF and other incentives with a developer. Requesting a change in zoning is straightforward. A copy of the Application Form can be found under the "Property Documents" tab on the National Land Realty website. The deadline is the 1st of the month, after which he notice of the Public Hearing is put in the newspaper. The Planning Commission reviews the rezoning on the 4th Monday; and the Council reviews it on the 1st Wednesday of the following month.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Mostly level to gently rolling topography.
  • Pine City is in need of housing and the City is willing to work with developers regarding tax incentives.
  • Electric, gas, and phone lines run along the north side of the parcel; water and sewer will be extended from the north.
  • orth. There are roads along the north and west lines, paved and gravel, with accesses off both roads.

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