8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
8054 Spring Lake RD NE, Minneapolis, MN 55432
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$575,000
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1.66 Acres Lot
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8054 Spring Lake RD NE Minneapolis, MN 55432

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Steve Fiorella

Steve Fiorella

+1(612) 388-8186

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Auditors Sub 89

MLS Listing ID 7068759

Year Built 1937

Annual Tax Amount $4,440

Tax Year 2026

Contingent None

Lot Size 1.661 Acres

Lot Dimensions 378x192x92x257x191

Property Description

Prime 1.7-acre corner site on Hwy 10 with excellent visibility and high traffic counts. Currently zoned C2 with limited commercial uses. Comprehensive Plan guides the property for medium=density residential (up to 10 units per acre). City has indicated receptiveness to R-3 rezoning, make this an ideal opportunity for townhome, multifamily, or senior housing development. Strong nearby housing demand supports the area, with neighboring properties reporting extended waitlists for 2 bed units and rates around $1700/month. Senior housing benefits from reduced parking requirements, allowing for more efficient layout. Hwy 10 corridor improvements and potential lane/access modifications may impact future access. Existing home is a teardown and sold as-is. Buyer to verify all zoning, density, market and development requirements.

Location

State MN

County Ramsey

Zoning Business/Commercial

Interior

Inclusions None

Fireplace No

Exterior

Fence Full

Utilities Available Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium

Schools

School District Mounds View

Others

Restrictions Open

Listed by Mary Sabby • Counselor Realty

NEARBY SCHOOL & BUSINESS

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Steve Fiorella

Steve Fiorella

Broker Associate | License ID: 40551269

+1(612) 388-8186

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8054 Spring Lake RD NE

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