$3,100,000
709 Norman Ave N
Foley, MN 56329
MLS# 6529157



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Property Description
Introducing three prime parcels of land totaling 130.78 acres. Nestled adjacent to a thriving housing development and near Foley Public Schools, these parcels present an exceptional opportunity for both residential and commercial ventures. The City of Foley has already granted zoning approvals for various residential options including single-family homes, twin homes, condos and high density multi-apartment buildings, as well as commercial development. Conveniently situated within Foley's city limits, the 80-acre tract enjoys frontage along State Highway 25 north and Norman Avenue, the latter being home to Foley's Public Schools. With sewer and utilities already in place along Norman Avenue, facilitated by the city's proactive planning and zoning initiatives, development prospects are primed for success. Located just 15 miles NE of Saint Cloud, Foley serves as the vibrant county seat of Benton County positioning these parcels at the nexus of growth and opportunity.

Details
Maps
None
Maximum Price: 3100000
Minimum Price: 1
Contract Information
Status: Active
Contingency: None
Current Price: $3,100,000
Original List Price: 3100000
ListPrice: 3100000
List Date: 2024-05-02
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SCAAR
General Property Information
Comp Sale YN: Yes
Development: Yes
Drainage: Excellent
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Yearly/Seasonal: Yearly
Zoning: Agriculture, Business/Commercial
Lot Dimensions: 5310251sf
Acres: 130.78
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SECT-26 TWP-037 RANGE-029 .63 AC E 223 FT OF S 300 FT LESS E 203 FT OF S 150 FT OF NW1/4 LESS E 60 FT
Listing City: Foley
Map Page: 999
Municipality: Foley
School District Phone: 320-968-7175
House Number: 709
Street Name: Norman Ave
Street Direction Suffix: N
Postal City: Foley
County: Benton
State: MN
Zip Code: 56329
Property ID Number: L130001800
Tax Year: 2024
In Foreclosure?: No
Tax Amount: 5648
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Introducing three prime parcels of land totaling 130.78 acres. Nestled adjacent to a thriving housing development and near Foley Public Schools, these parcels present an exceptional opportunity for both residential and commercial ventures. The City of Foley has already granted zoning approvals for various residential options including single-family homes, twin homes, condos and high density multi-apartment buildings, as well as commercial development. Conveniently situated within Foley's city limits, the 80-acre tract enjoys frontage along State Highway 25 north and Norman Avenue, the latter being home to Foley's Public Schools. With sewer and utilities already in place along Norman Avenue, facilitated by the city's proactive planning and zoning initiatives, development prospects are primed for success. Located just 15 miles NE of Saint Cloud, Foley serves as the vibrant county seat of Benton County positioning these parcels at the nexus of growth and opportunity.
Directions: Driving from Saint Cloud, Mn, take MN-23E to Foley (13.1 mi), then turn left on Norman Ave N (0.3mi) and stay on Norman Ave N (500ft) destination on left.
Acreage Information
Maximum Acres: 130
Assessments
Assessment Balance: 51267
Tax With Assessments: 56915
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Total Lots Available: 3
Ownership
Fractional Ownership: No
Property Features
Available Utilities: Broadband Available; Broadband Connected; Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Available; Sewer Connected; Underground Utilities Available; Water Available; Water Connected
Development Status: Raw Land
Existing Financing: Free and Clear
Improvements: None
Land Inclusions: Abstract; Platted
Lot Description: Green Acres; Tree Coverage - Medium
Outbuildings: Machine Shed; Pole Building
Restriction/Covenants: Easements-Road/Right of Way
Road Frontage: City Street; County Road
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely
Sellers Terms: Cash; Conventional; Rural Development
Surface Water: None
Topography: Level

Listing Office: Coldwell Banker Realty

Last Updated: May - 02 - 2024

709 Norman Ave N, Foley, MN 56329 - MLS# 6529157
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