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Commercial Land for Development
For Sale
$99,000

N Rum River Drive, Princeton, MN 55371

Land, Princeton, MN

Property SizeContact for details
Lot Size1.32 Acres
Days on Market204

Property Features for N Rum River Drive

General Information

Property type Land
Property subtype Other
Zoning description Business/Commercial
Lot features Tree Coverage - Medium
High school district Princeton
Directions Just North of intersection at 7th Ave N and N Rum River Drive- Princeton
Standard status Active
APN 241960020
Lot size 1.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 626

Utilities

Utilities Water Available
Listing Agency: Hewitt Jackson Real Estate
Listed By: Michael Cassens
Added: Feb 3 Changed: Aug 19 Last Checked: Aug 26 at 9:06PM
MLS# 7016527

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.

Investment Insights

Based on property information with market context.

Commercial land opportunity on N Rum River Drive in Princeton, MN. The parcel spans 1.321 acres and is described as open, with nice level high ground at the front that slopes toward the back. The site is positioned for straightforward access and is noted for excellent exposure along a high-traffic city street.

Zoned Commercial, the property is set up for buyers looking to purchase and build. Water is available to the site, supporting development planning and utility connections. The lot’s topography provides a usable front-to-back layout for site design, while the slope toward the rear may influence grading and placement during buildout.

If you’re looking for a commercially zoned tract on Rum River Drive with utility access and room to plan your development, this parcel offers a buildable canvas in Princeton.

Key Highlights

  • 1.321‑acre commercial‑zoned land parcel on N Rum River Drive in Princeton, MN
  • Nice level high ground at the front that slopes to the back
  • Open site with described easy access

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 55371, MN

17,132
Population
6,838
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
94%
High-School Grad
196.0 sq mi
ZIP Area
87
Density / Sq Mi
$89,674
Median Household Income
$48,624
Median Earnings
$946
Median Rent
$299,100
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?
Commercial land - Commercially zoned 1.321-acre site on Rum River Drive with water available and easy access for future buildout.
Where is this commercial land located?
The property is located at N Rum River Drive Princeton, MN.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 1.321‑acre commercial‑zoned land parcel on N Rum River Drive in Princeton, MN; Nice level high ground at the front that slopes to the back; Open site with described easy access
More about this property
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