Residential Land on Highway
For Sale
Contact for pricing
42 Hwy 55, Medina, MN 55340
Land ideal for senior or co-op housing development.
Property SizeContact for details
Days on Market1407
Property Features for 42 Hwy 55
General Information
Standard status
Active
Property subtype
Land
Zoning
R4
Listing Agency:
CBRE Minneapolis
Listed By:
Brian Pankratz · License #MN 20340709
Source:
Crexi
Added: Oct 3, 2022
Changed: Aug 8
Last Checked: Aug 8 at 11:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Minneapolis
Investment Insights
Based on property information with market context.
This property is zoned for Residential - Multiple Family (R4) and guided for High Density Residential (HDR). The location is ideal for senior housing, market rate apartments, or co-op housing. Access to the property will be through an access road on the north side via Highway 101. The property has frontage onto Highway 55 and Highway 101. The property is located within Wayzata ISD #284.
Key Highlights
- Frontage onto Highway 55 and Hwy 101
- Zoned for Residential - Multiple Family (R4)
- Guided for High Density Residential (HDR)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 55340, MN
8,988
Population
3,418
Households
2.6
Avg Household Size
39
Median Age
61%
College-Educated
96%
High-School Grad
35.6 sq mi
ZIP Area
252
Density / Sq Mi
$174,120
Median Household Income
$91,534
Median Earnings
$1,431
Median Rent
$607,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land ideal for senior or co-op housing development.
Where is this residential land & home lot located?
The property is located at 42 Hwy 55 Medina, MN.
What are key features of this property?
This property features: Frontage onto Highway 55 and Hwy 101; Zoned for Residential - Multiple Family (R4); Guided for High Density Residential (HDR)
