Property profile

0 139Th Ln Ramsey, MN 55303

OFF-MARKET
Land
13.67 ac lot
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Property summary

AI-generated overview

This exceptional 13.67-acre parcel presents a remarkable opportunity for residential development in Ramsey, Minnesota. Located at the intersection of Riverdale Dr NW and 139th Lane NW, this property boasts convenient access to Highway 10 via Ramsey Boulevard, significantly enhancing its appeal and accessibility. The land is zoned R-2 Medium-Density Residential, allowing for a variety of development options. The Anoka-Hennepin Public School District serves this area, a key consideration for families. While the Ramsey Boulevard/Highway 10 interchange project began in 2005, its completion further enhances the property's strategic location and value. The property offers significant frontage onto Highway 10, providing excellent visibility and accessibility. Preliminary plans suggest potential for townhome development, with individual unit sizes envisioned at 26' x 50', incorporating split-entry lookouts and walkouts for enhanced design and livability. This is a rare opportunity to acquire a substantial tract of land in a desirable location with excellent potential for high-return residential development. The property's zoning, location, and access to major roadways make it an ideal investment for discerning developers seeking a prime location within the thriving Ramsey community. The 55303 zip code further underscores the desirability of this location.

Property profile

Verified
Property type Land
Lot 13.67 ac (595,465 SF)

Cap rate & NOI

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

Location

139Th Ln Ramsey, MN 55303
Ramsey 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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