193.68 Acres in Alexandria, MN - $1,900,000
Very rarely does a property come on the market with as much potential as this one. Located on approximately 2,930 feet of lakeshore on beautiful Lake Andrew, and within the city limits of Alexandria, not only is this property comprised of mature woods, sizeable tillable acreage and scenic lake views, but the future development potential coupled with lakeshore amenities pushes it over the top! Current zoning for the property is RR-1, single family residential, but multiple uses are outlined in the approved comprehensive plan which, at the time of development, zoning would then be adjusted accordingly. The ALASD sanitary sewer line runs through a part of the property and would allow for easy access and future expansion. The wooded portions of the property are comprised of primarily maple, basswood and some oak trees that judging by the amount of deer tracks and trails will provide some imm...
Very rarely does a property come on the market with as much potential as this one. Located on approximately 2,930 feet of lakeshore on beautiful Lake Andrew, and within the city limits of Alexandria, not only is this property comprised of mature woods, sizeable tillable acreage and scenic lake views, but the future development potential coupled with lakeshore amenities pushes it over the top! Current zoning for the property is RR-1, single family residential, but multiple uses are outlined in the approved comprehensive plan which, at the time of development, zoning would then be adjusted accordingly. The ALASD sanitary sewer line runs through a part of the property and would allow for easy access and future expansion. The wooded portions of the property are comprised of primarily maple, basswood and some oak trees that judging by the amount of deer tracks and trails will provide some immediate recreational hunting uses. The tillable acreage on the property totals approximately 148.5 acres that have an average soil CPI rating of just over 90. This coupled with the presence of an extensive drain tile system on all of the tillable acreage allows for maximum yield production. The tillable acreage is currently rented out and provides immediate income and the current operators would be interested in continuing to rent the ground out. The sellers have stated that they will entertain split option negotiations for this parcel and also that they would be willing to entertain Contract for Deed terms. So much more to say about this property so just give me a call as I'd love to discuss the unique opportunities that this wonderful property has to offer!
Property Features:
- Great tillable and recreational acreage with HUGE development potential
- Largest lakeshore tract in the Alexandria area
- Approximately 2930 feet of lakeshore
- ALASD sanitary sewer line already on the property
- Comprehensive plan from the city already approved
- Great views of beautiful Lake Andrew
- High tillable acreage CPI ratingsw
- Tillable acreage has been tiled and has multiple tile inlets in place
- Contract for Deed terms possible!
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