0 St. Croix RdPine City, MN 55063

For Sale
$1,246,000

62 Acres, Residential Zoning, MN

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • 62.3 acres of residential land available in Pine City, MN; city annexation complete. High demand for housing.
  • Utilities: Electric, gas, and phone lines on the north property line; city water and sewer extension planned from the north. Paved and gravel road access.
  • Access to 3,000 acres of navigable waterways and 11 city parks.
  • Numerous city parks offer various recreational opportunities.
  • City open to Tax Increment Financing (TIF) and other development incentives.
  • Straightforward zoning change process; application deadline is the 1st of the month. Planning Commission and City Council review process outlined.

Property Details for 0 St. Croix Rd

Property type
Other land, Land
Lot Size (sq. ft)
2,713,788 SF

Location Insight

City
Pine City
County
Pine
State
Minnesota
Latitude
45.813507974997
Longitude
-92.955628953138
St. Croix Rd, Pine City, Minnesota

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0 St. Croix Rd
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