Technical
Financial
Distress signals
Property profile

0 St Croix Rd Pine City, MN 55063

OFF-MARKET
Land
62.3 ac lot
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Property summary

AI-generated overview

This exceptional 62.3-acre parcel in Pine City, MN (55063), presents a unique opportunity for residential development. Located on St Croix Rd SE and Freedom Rd, this newly annexed land boasts convenient access to paved and gravel roads. Utilities are readily available, with electric, gas, and phone lines along the north border, and water and sewer extension planned from the north. The City of Pine City has actively expressed a need for additional housing and is open to discussing Tax Increment Financing (TIF) and other incentives to facilitate development. This prime location offers a blend of resort-town charm and proximity to the Minneapolis/St. Paul metropolitan area. Pine City's natural beauty includes access to 3,000 acres of navigable waterways on Pokegama and Cross Lakes, connected by the scenic Snake River. Outdoor enthusiasts will appreciate the abundance of wildlife and the city's eleven parks, offering diverse recreational opportunities. The property's APN is R26.0169.000

Property profile

Verified
Property type Land
Lot 62.3 ac (2,713,788 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

St Croix Rd Pine City, MN 55063
Pine City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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