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Build-Ready Residential Lot Package
For Sale
$79,824

11691 Highway 8, Floodwood, MN 55736

Land, Floodwood, MN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market145

Property Features for 11691 Highway 8

General Information

Property type Land
Property subtype Other
Zoning description Residential-Single Family
Subdivision Petersons Lts
Lot features Corner Lot, Tree Coverage - Medium
High school district Floodwood
Directions Hwy 2, to Elm St - North to E 5th Ave that turns into Hwy 8 - Properties will on the Left
Standard status Active
APN 125002300090
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 166

Utilities

Utilities Electricity Available
Listing Agency: Lakes Area Realty G.V.
Listed By: Christopher R Hansen
Added: Jun 8 Changed: Oct 20 Last Checked: Oct 30 at 10:06PM
MLS# 7089055

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This offering consists of four build-ready residential lots, presented as a development package. The property includes a conceptual plan that the buyer may use as a starting point, including the possibility of creating a fifth lot, subject to verification and approval by local governing authorities. Improvements and site work are already completed to support construction readiness, including city water connections, city sewer connections, installed driveways, and culverts, with lots ready for building.

The property is located in Floodwood, St. Louis County, MN, at 11691 Highway 8. The remarks indicate convenient access to surrounding communities, with approximately 30 minutes to Grand Rapids, Cloquet, and Hibbing, and about 40 minutes to Duluth. The site is also described as being near Highway 2 and Highway 73, supporting regional connectivity across northeastern Minnesota.

This configuration can suit a builder or developer looking to move quickly on shovel-ready sites, as well as buyers interested in creating multiple homesites under one ownership. Because the offering includes pre-completed utility and access features, it may reduce early project groundwork and shift focus toward final design and approvals. Buyers and their agents should verify lot dimensions, lot configurations, zoning requirements, utility connection details, and any subdivision options with the applicable local authorities.

Key Highlights

  • Development opportunity in Floodwood includes four build‑ready lots with utilities and site work already completed
  • City water and City sewer connected, with driveways and culverts installed for ready‑to‑build development
  • Conceptual plan in place that may allow for a fifth lot (buyer to verify approvals and requirements with local authorities)

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 55736, MN

1,454
Population
876
Households
1.7
Avg Household Size
50
Median Age
12%
College-Educated
93%
High-School Grad
355.6 sq mi
ZIP Area
4
Density / Sq Mi
$65,000
Median Household Income
$41,458
Median Earnings
$691
Median Rent
$162,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four build-ready lots with city water, city sewer, driveways, and culverts, positioned for immediate development.
Where is this residential land & home lot located?
The property is located at 11691 Highway 8 Floodwood, MN.
What is the asking price?
The asking price for this property is $79,824.
What are key features of this property?
This property features: Development opportunity in Floodwood includes four build‑ready lots with utilities and site work already completed; City water and City sewer connected, with driveways and culverts installed for ready‑to‑build development; Conceptual plan in place that may allow for a fifth lot (buyer to verify approvals and requirements with local authorities)
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