$1,800,000
Saint Michael, MN 55376
MLS# 6706518
Status: Closed
1 / 41
Property Description
46+/- investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property with multi-family / residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town’s already sought after appeal. You can find everything at your fingertips but still maintaining that small town feel. If you are looking for an investment opportunity this is it. These types of acreage do not come along often and anyone would be lucky to acquire. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford and Buffalo. As already stated this is an upcoming area as the cities grow out. This piece of land has tremendous potential. Buyer need to verify all remarks.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-08-08
Contingency: None
Current Price: $1,800,000
Closed Date: 2026-03-06
Original List Price: 1999999
Sales Close Price: 1800000
ListPrice: 1999999
List Date: 2025-04-21
Office/Member Info
Association: MAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront YN: No
Yearly/Seasonal: Yearly
Zoning: Industrial, Residential-Multi-Family
Lot Dimensions: 1544x1319x1557x1316
Acres: 45.27
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SECT-25 TWP-120 RANGE-024 UNPLATTED LAND HANOVER 45.27 AC S1/2OF SW1/4 EX CEM EX PRT TO HWY EX TR DES IN BK280-206 EX PRT PLATTED AS SCHENDELS WOODLAND HILLS EX TR DES ON DOC513169
Listing City: Saint Michael
Map Page: 60
Municipality: Hanover
School District: Buffalo-Hanover-Montrose
School District Phone: 763-682-8707
Zip Plus 4: 2712
Property ID Number: 108500253401
Tax Year: 2024
Tax Amount: 7082
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: Not disclosed
Directions & Remarks
Public Remarks: 46+/- investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property with multi-family / residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town’s already sought after appeal.
You can find everything at your fingertips but still maintaining that small town feel. If you are looking for an investment opportunity this is it. These types of acreage do not come along often and anyone would be lucky to acquire. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford and Buffalo. As already stated this is an upcoming area as the cities grow out. This piece of land has tremendous potential.
Buyer need to verify all remarks.
Directions: Off of 94, access Labeaux Ave. NE and head south 5 miles, turn east on 15th St. NE, turn back south on River Rd. NE, property is on west side of road in .4 miles
Acreage Information
Taxable Acres: 46
Assessments
Assessment Balance: 0
Tax With Assessments: 7082
Builder Information
Builder Restrictions: Open
Development Status
Raw Land: 1
Financing Terms
Conventional: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 25
Township#: 120
Restriction/Covenants
None: 1
Topography
Other: 1
Available Utilities
Electricity Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Private Septic Available: 1
Private Septic Connected: 1
Private Well Connected: 1
Water Available: 1
Improvements
None: 1
Land Inclusions
Abstract: 1
Location Tax and Other Information
House Number: 1112
Street Name: River
Street Suffix: Road
Street Direction Suffix: NE
Postal City: Saint Michael
County: Wright
State: MN
Zip Code: 55376
Property Features
Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Private Septic Available; Private Septic Connected; Private Well Connected; Water Available
Development Status: Raw Land
Financing Terms: Conventional
Improvements: None
Land Inclusions: Abstract
Topography: Other
Listing Office: American Legacy Land Co., LLC
Last Updated: March - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.