$4,315,000 2575 Cates Ranch Drive Medina, MN

MLS: 4770516   Type: Land   County: Hennepin   City: Medina   Zip: 55340     Taxes: $4,057

Mortgage $20,258 /mo



Half Baths

Sqr Footage









REDUCED PRICE! Buy one parcel or the whole lot. The City of Medina is HIGHLY motivated to develop fast-growing W Hwy 55 corridor. Desirable commercial development land. Investment - values continue to rise based on growth projections - 1031 exchange opportunities. 2 miles from Hwy 101 NW industrial/commercial mkt. Many potential uses: Flex/Rd-warehouse dist., light industrial, bulk warehouse, retail, hotel/motel, office space, etc. City flexible on zoning changes. Buildings on land.

Elementary School

Middle School

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Price History

10/14/2016 Listed $4,600,000
1/26/2018 5% - $4,370,000
4/9/2018 1% - $4,345,000
5/15/2018 1% - $4,320,000
6/19/2018 1% - $4,315,000

Available Utilities Electric, Telephone
Contingency None
HOA Fee 0.00
Listing Status Active
Municipality Medina
Property Type LL
Restrictions None
School District 883 - Rockford
Zoning Business/Commercial

Exterior Features

Builder Restrictions Open
Front Dimensions 1100
Improvements Paved Streets
Lake/waterfront - Y:n 0
Land Inclusions Abstract
On Site Utilities None
Out Buildings Pole Building, Barn
Topography Level, Sloped

Property Schools

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Gallery (4 photos)

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Property vs Zip Code Avg (55340)

Price 4.31M Avg 1.32M

Taxes $4,057 Avg $4,525

Acres 30.18 Avg 22.36

Visits 687 Avg 177

Days on Site 644 Avg 371

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Listing Provided Courtesy Of: United Country Pro Realty

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Location & Address

Steinbach Home Selling Team
215 Walker Ave S
Wayzata, MN