For Sale
$4,300,000

9855 260 St Elko New Market, MN 55020

152 Acres, Mixed-Use Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 152-acre property presents a unique investment opportunity in the thriving Elko New Market area of Scott County, Minnesota. Located at 9855 260th St E, 55020, this expansive parcel is zoned for Residential/Multi-Family/Single Family use, offering diverse development possibilities. The land boasts convenient access, situated just one mile west of Highway 35W, ensuring excellent connectivity. All necessary utilities are readily available on-site, including sewer and water, simplifying the development process. The property's location within the Lakeville school district is an added advantage, attracting families and enhancing its appeal. The zoning allows for a mix of commercial and residential development, catering to a variety of needs and maximizing potential returns. With its substantial size and strategic location in a rapidly growing area, this property is ideally suited for large-scale residential projects, potentially including high, medium, and low-density housing options, along with commercial components. The APN is 239270160. The asking price for this remarkable development opportunity is $4,300,000.

Highlights

  • $4,300,000 asking price.
  • 152-acre land parcel.
  • Commercial and residential zoning (Multi-Family & Single Family permitted).
  • Located at 9855 260th St E, Elko New Market, MN 55020.
  • Lakeville Schools; sewer and water available on-site; one mile west of Highway 35W.
  • Broker co-op available.

Property Details for 9855 260 St

Property type
Land
Lot Size (sq. ft)
6,621,120 SF

Location Insight

City
Elko New Market
County
Scott
State
Minnesota
Latitude
44.569495
Longitude
-93.323789

FAQs

What type of property is this?
Land - 152 Acres, Mixed-Use Development Potential
Where is the land located?
The property is located at 9855 260 St Elko New Market, MN.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: $4,300,000 asking price.; 152-acre land parcel.; Commercial and residential zoning (Multi-Family & Single Family permitted).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9855 260 St
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