Listing Agency: CBRE - Minnesota b***@cbre.com Show Phone

Listed By: Brian Pankratz Show Phone

Source: Moodyscre

Added: Oct 21, 2025 Changed: Aug 8 Last Checked: Jul 16 at 8:38AM

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Investment Insights

Based on property information with market context.

This property is zoned Mixed-Use Downtown District (MU-D) and guided for Mixed-Use, which allows for housing of 8-15 units per acre. The site has been cleared of trees and previous structures. It is located near the Dakota Rail Trail, parks, Lake Minnetonka access, and schools. The location is suitable for a small apartment or townhome development. The area has a high income, with a median income over $180,000 in a 3-mile radius. There is potential to acquire adjacent city-owned land.

Key Highlights

• High income area with median income over $180,000 in 3 mile area
• Zoned Mixed‑Use Downtown District (MU‑D) allowing for housing of 8‑15 units per acre
• Perfect location for small apartment or townhome development**

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Dental Office

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

Location Intelligence

Trade Area within ½ mile

435

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Land near Dakota Rail Trail, parks, Lake Minnetonka access.

Where is this land located?

The property is located at 5581 Shoreline Dr Mound, MN.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: High income area with median income over $180,000 in 3 mile area; Zoned Mixed‑Use Downtown District (MU‑D) allowing for housing of 8‑15 units per acre; Perfect location for small apartment or townhome development**