0 St Croix Rd Pine City, MN 55063
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.