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Cokato Land Development Opportunity
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820 Johnson Ave, Cokato, MN 55321

62.38 acres in Cokato, MN, suitable for development.

Property SizeContact for details
Lot Size62.38 Acres
Days on Market823

Property Features for 820 Johnson Ave

General Information

Standard status Active
Lot size 62.38 Acres
Property subtype Land
Zoning R-1 and Transition Area
Listing Agency: National Land Realty
Listed By: Terri Jensen, ALC · License #MN 40481087
Source: Crexi
Added: May 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:31AM

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 National Land Realty

Investment Insights

Based on property information with market context.

This 62.38-acre land parcel presents an opportunity for builders, developers, and investors. Approximately 35 acres are located within the City of Cokato, with the remainder in Cokato Township. Utilities are accessible at the street along Johnson Avenue. The zoning is R-1 and Transition Area. The City is open to discussing Tax Increment Financing (TIF) or tax incentives and would consider a proposed development that includes townhomes, condos, or smaller multi-family units with 2-12 units. Cokato's location is central to several local cities, as well as economic and employment centers such as St. Cloud and the Twin Cities. This property is located in a community that anticipates growth and currently has limited land available for development. See the "Summary Information" under the "Property Documents" tab for zoning, densities, and development that could be considered.

Key Highlights

  • 62.38 acres of land available for development or investment.
  • 35 acres already within the City of Cokato.
  • Zoning is R‑1 and Transition Area, allowing for various development options.

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.

Location Intelligence

Trade Area within ½ mile

195
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
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Frequently Asked Questions

What type of property is this?
Land - 62.38 acres in Cokato, MN, suitable for development.
Where is this land located?
The property is located at 820 Johnson Ave Cokato, MN.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: 62.38 acres of land available for development or investment.; 35 acres already within the City of Cokato.; Zoning is R‑1 and Transition Area, allowing for various development options.
More about this property
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