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8607 5th St N - Lake Elmo Land Site 1.93 Acres of Commercial Land Offered at $1,361,022 CAD in Lake Elmo, MN 55042
INVESTMENT HIGHLIGHTS
- Commercial zoning allows for various retail and / or office use
- Adjacent to Kwik Trip
- Flat land area
- Just off of Inwood Ave N and 5th Street N
- Good mix of residential nearby
- Very buildable
EXECUTIVE SUMMARY
Increasing residential density with a population of 52,992 within 3 miles (2024)
Average HH income over $120,000 (2024)
Average HH income over $120,000 (2024)
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $1,361,022 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 1.93 AC |
| Property Type | Land | ||
| Zoning | C - Commercial - Retail and office, see proposed site plan that was accepted by City | ||
| Price | $1,361,022 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.93 AC |
| Zoning | C - Commercial - Retail and office, see proposed site plan that was accepted by City |
1 LOT AVAILABLE
Lot
| Price | $1,361,022 CAD | Lot Size | 1.93 AC |
| Price Per AC | $705,192.77 CAD |
| Price | $1,361,022 CAD |
| Price Per AC | $705,192.77 CAD |
| Lot Size | 1.93 AC |
Great land site for new development with zoning for retail and office uses. Just off Inwood Avenue and 5th Street N and adjacent to Kwik trip. One lot from the intersection with good access and visibility. Flat topography with utilities nearby.
DESCRIPTION
Great land site for new development with zoning for retail and office uses. Just off Inwood Avenue and 5th Street N and adjacent to Kwik trip. One lot from the intersection with good access and visibility. Flat topography with utilities nearby.
PROPERTY TAXES
| Parcel Number | 33-029-21-13-0027 | Improvements Assessment | $0 CAD (2024) |
| Land Assessment | $1,295,249 CAD (2024) | Total Assessment | $1,295,249 CAD (2024) |
PROPERTY TAXES
Parcel Number
33-029-21-13-0027
Land Assessment
$1,295,249 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$1,295,249 CAD (2024)
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8607 5th St N - Lake Elmo Land Site
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