2575 Cates Ranch Drive, Medina, MN 55340

2575 Cates Ranch Drive, Medina, MN 55340

· 0 Acres

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Overview Neighborhood Amenities Price details

$4,500,000 Earn $90,000

543 days on Market

$4,500,000

Credit Back up to $90,000*

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Description:

Active - Land for sale

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!

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MLS: #6449615

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Furnished: Unfurnished

Status: Active

Listed Date: 10/17/2023

Days On Market: 543

Utilities:

Utilities: Electricity Connected, Sewer Connected, Phone Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Tax:

Parcel Number: 0411823140004

Agent:

Office Name: Real Estate Corners, Inc

List Agent MLS ID: 502013637

Score:

-medina-for-sale-2575 cates ranch drive, medina, mn 55340-NSTR6449615

Mortgage All cash

Monthly expenses $28,026

Property Tax $436

HOA Fee $0

Homeowners Insurance $0

Due at Close $4,342,500

List price $4,500,000

Closing costs $67,500

beycome Credit Est. $90K

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Customer reviews

June M. Jacksonville, Fl

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Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

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Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...