42 Hwy 55 Medina, MN 55340
- Land
- 2.71 lot acres
Current Use by Public Records
- Land
Property Details for 42 Hwy 55
- Lot size
- 2.71 lot acres
- Property type
- Land
Description
This exceptional 2.71-acre parcel presents a unique development opportunity in Medina, Minnesota. Strategically located on Highway 55 and with access via Highway 101, this property boasts unparalleled visibility and convenient access. The R4 zoning designation permits high-density residential development, making it ideal for a variety of projects, including senior housing, market-rate apartments, or co-op housing. The site is guided for High Density Residential (HDR) development, aligning with current market demands. Situated within the highly desirable Wayzata School District #284, this location offers significant appeal to potential residents. Access to the property is facilitated by an access road on the north side, providing convenient ingress and egress. The expansive lot size provides ample space for a substantial development, while the prime location ensures strong market demand and potential for high returns. This is a rare opportunity to acquire a large, well-located residential development site in a thriving Minnesota community. Detailed zoning information and development guidelines are readily available. Don't miss this chance to secure a premier location for your next residential project.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.5717
- Latitude
- 45.0536