1401 Division St Northfield, MN 55057
- Land
- 11.70 lot acres
Current Use by Public Records
- Land
Property Details for 1401 Division St
- Lot size
- 11.70 lot acres
- Property type
- Land
Description
This exceptional 11.7-acre commercial land parcel presents a rare opportunity within Northfield city limits. Located on Division Street South, between Spring Creek and Bridgewater Elementary Schools, and directly across from Northfield High School, this property boasts a highly desirable location. The land features established hardwoods, wetlands, and diverse wildlife. Zoned N2-B (Neighborhood General 2), it offers versatile development options, potentially including up to 100 units across various housing styles such as apartments (market-rate/55+), twin homes, single-family homes, and villas. Commercial and retail uses are also permitted. Seller financing is available. This in-fill acreage presents a unique chance to capitalize on Northfield's thriving community and strong schools. The property's size and zoning provide significant flexibility for a variety of development projects, making it an attractive investment for developers and builders seeking a prime location in a desirable Minnesota market. The convenient location near schools and established residential areas adds to its appeal. This is one of the last opportunities to acquire a property of this size and potential within the city limits.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Northfield
- County
- Rice
- State
- Minnesota
- Longitude
- -93.1607
- Latitude
- 44.4434
