Property summary
This exceptional 62.3-acre parcel presents a unique residential development opportunity in Pine City, Minnesota. Located at 0 St. Croix Rd SE, 55063, this property boasts convenient access via paved St. Croix Rd SE/Co. 8 and gravel Freedom Rd, with utilities readily available. Electric, gas, and phone lines run along the northern boundary, while city water and sewer extension is planned from the north. The city of Pine City has already completed the annexation process, recognizing the high demand for housing in this desirable area. Pine City's appeal extends beyond its proximity to the Minneapolis/St. Paul metropolitan area; it's also a resort town with access to 3,000 acres of navigable waterways via Pokegama and Cross Lakes, and features eleven city parks offering diverse recreational amenities. The city is actively encouraging development and is open to discussing Tax Increment Financing (TIF) and other incentives to support projects. The zoning change process is straightforward, with applications due by the 1st of each month, followed by Planning Commission review on the 4th Monday and City Council review on the 1st Wednesday of the following month. This property offers significant potential for a developer seeking to capitalize on the current housing shortage in a scenic and amenity-rich location. The APN is R26.0169.000 and R26.0168.000. The asking price is $1,246,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight