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10988 Point Douglas S dr - Smallidge Trust Property 210.5 Acres of Commercial Land Offered at $9,574,616 CAD in Hastings, MN 55033
EXECUTIVE SUMMARY
Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city’s Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing—ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site’s utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.
PROPERTY FACTS
| Price | $9,574,616 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 210.50 AC |
| Property Type | Land | ||
| Zoning | AG 1 | ||
| Price | $9,574,616 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 210.50 AC |
| Zoning | AG 1 |
1 LOT AVAILABLE
Lot
| Price | $9,574,616 CAD | Lot Size | 210.50 AC |
| Price Per AC | $45,485.11 CAD |
| Price | $9,574,616 CAD |
| Price Per AC | $45,485.11 CAD |
| Lot Size | 210.50 AC |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $510,348 CAD | Total Assessment | $510,348 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$510,348 CAD
Improvements Assessment
$0 CAD
Total Assessment
$510,348 CAD
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10988 Point Douglas S dr - Smallidge Trust Property
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