|
This property features 251 acres of excellent development land. This land sits in an area that borders Minnesota Lakes Country and the metro area of Fargo/Moorhead(pop. 180K). Located along busy U.S. Hwy 10, over 11,000 vehicles a day pass by on their way to work or the lakes area. In the summer it is extremely difficult to cross this highway in some spots because the traffic going to the lakes is so thick. Even Sunday nights are crazy as everyone is traveling west back to Fargo/Moorhead and the "real world".
The 251 acres is a mix of commercial and residential land around the city of Lake Park, MN (pop. 840). The commercial land of 125 acres has 4,500+ feet of frontage on Hwy 10. The residential land connecting to the city is in tracts of 57 and 69 acres. The community will be voting on a new school this winter. This kind of activity shows the positive direction where Lake Park is heading.
Services in the area are minimal. Within 5 miles of this spot is beautiful Big Cormorant Lake. This lake host homes up to and over $1 million. It is a crystal clear lake with excellent walleye fishing. I grew up fishing these waters and it often makes the "Best Walleye Lakes in Minnesota" list of popular fishing magazines.
The commercial and residential development opportunities are great in this location. The city will be voting on a bond to build a new school in the spring and this could really make things happen in the community. It is an easy commute to Fargo/Moorhead and is a great spot for families to raise their children. The seller will lease back land at $197.50/acre for 3 years if you would like to lease it for a while.
$ 2,100,000 
|