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Development Land with City Entitlement
For Sale
$1,123,000

820 Johnson Ave, Cokato, MN 55321

COMMERCIAL - Cokato, MN

Property SizeContact for details
Lot Size62.38 Acres
Days on Market719

Property Features for 820 Johnson Ave

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions +/-20 miles to Hutchinson, MN via US-12W and MN 15S +/-36 miles S of St Cloud, MN via Co Rd 3 and Co Rd 7 +/-49 miles W of downtown Minneapolis, MN via US 12E
Standard status Active
APN 105-500-334100, 205-000-334203
Lot size 62.38 Acres
Listing Agency: National Land Realty, Minneapolis, MN
Listed By: Terri Jensen
Added: Sep 1, 2024 Changed: Aug 4 Last Checked: Aug 20 at 2:06AM
MLS# 11254383

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

Investment Insights

Based on property information with market context.

This offering is a 62.38-acre development land parcel suited for builders, developers, and investors. A portion of the acreage is already within the City of Cokato, with the remaining balance located in Cokato Township. Utilities are available at the street along Johnson Avenue, supporting future site planning and infrastructure work. Zoning is listed as R-1 and Transition Area, and additional zoning and density considerations are referenced in the “Property Documents” tab.

The property is located at 820 Johnson Ave in Cokato, MN, in Wright County. With 35 acres within the City of Cokato and the remainder in the township, the site presents a mixed jurisdiction scenario for planning and permitting discussions. The City has indicated it is open to reviewing development concepts that include townhomes/condos or smaller multi-family with 2–12 units, and it will consider discussion around TIF or tax incentives.

For prospective developers, the combination of city utilities, residential-oriented zoning, and the City’s stated willingness to discuss both unit-type direction and incentive structures may help frame early feasibility. Prospective buyers and tenants should review the “Property Documents” tab for zoning detail and densities before finalizing any development approach.

Key Highlights

  • 62.38 acres for development or investment, including 35 acres within the City of Cokato and the remainder in Cokato Township
  • Utilities are at the street along Johnson Avenue
  • Zoning includes R‑1 and Transition Area (see Property Documents tab for zoning, densities, and development details)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Law Firm Building Supply Real Estate Agency Storage Facility

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 55321, MN

5,597
Population
2,033
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
93%
High-School Grad
81.0 sq mi
ZIP Area
69
Density / Sq Mi
$81,250
Median Household Income
$52,034
Median Earnings
$960
Median Rent
$265,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large development tract with city utilities at the street and zoning for residential and transition uses.
Where is this residential land & home lot located?
The property is located at 820 Johnson Ave Cokato, MN.
What is the asking price?
The asking price for this property is $1,123,000.
What are key features of this property?
This property features: 62.38 acres for development or investment, including 35 acres within the City of Cokato and the remainder in Cokato Township; Utilities are at the street along Johnson Avenue; Zoning includes R‑1 and Transition Area (see Property Documents tab for zoning, densities, and development details)
More about this property
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