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$299,900

0 Beds 0 Baths 0 SQFT 6.73 Acres
Type: Contingent

TBD 5th Street S
Maple Lake, MN 55358

MLS#: 6812593
Hailey Budke
Hailey Budke
The Real Estate Advantage
Phone: 218.770.5411
Office: 952.226.7700
Presented by: Oak Realty LLP

Property Description

 

Prime Apartment Development Opportunity in Maple Lake. Discover this exceptional 6.73-acre parcel located in Maple Lake’s newest development, JR Estates. Designated as an apartment site, the property is ideally suited for an 85–100 unit apartment building, making it a rare opportunity for multifamily developers and investors. Positioned on the south side of Maple Lake, the site offers convenient access to major highways, Albion Ridges Golf course, and all the amenities the growing community of Maple Lake has to offer. With strong local demand for new housing, this site is perfectly placed to meet the area’s residential needs. Additional highlights of the property include, zoned and designated for multifamily/apartment use, 6.73 acres, ample space for efficient site planning ,fill stockpile available on-site (provided by the developer), buyer to assume assessments and excellent investment or portfolio addition. Don’t miss the chance to be part of Maple Lake’s next phase of growth, this property offers both potential and location in a community ready for new housing development.


 

Interior Features

Other Interior Features

Basement (Y/N)No

General

Additional Parcels Y/NNo
CityMaple Lake
ContingencyOther
CountyWright
Development StatusPlat Designed
DirectionsHighway 55 to L on Oak Avenue S to R on 5th Street S and apartment site is to your left. New development so streets are in process of going in
HOANo
HOA Fee$0
High School DistrictMaple Lake
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
PostalCityMaple Lake
Property TypeLand
RestrictionsOpen
Standard StatusActive
Subdivision NameJR Estates
Tax Annual Amount$400
Tax Year2025
TopographyGently Rolling, Level
UtilitiesElectricity Available, Natural Gas Available, None Connected, Sewer Available, Water Available
Zoning DescriptionResidential-Multi-Family

Exterior

FencingNone
InclusionsFor Sale Sign, Platted
Lot Dimensions367x543x636x142x515
Lot FeaturesCorner Lot
Lot Size Area6 sqft
Road Frontage TypeCity Street, Curbs, Paved Streets
Road ResponsibilityPublic Maintained Road
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$299,900

0 Beds 0 Baths 0 SQFT 6.73 Acres
Type: Contingent

TBD 5th Street S
Maple Lake, MN 55358

MLS#: 6812593
Hailey Budke
Hailey Budke
The Real Estate Advantage
Phone: 218.770.5411
Office: 952.226.7700