For Sale: Farmington MLS# 7119684
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Property Description
• PRIME LOCATION! Nearly 20 Acres, corner parcel, ready for development at the corner of County Road 50 (Richard J. Ames Memorial Highway) & Flagstaff Avenue.
• Price Negotiable. Sellers are interested in reviewing strong offers only.
• Longtime family ownership. Annual farmland rental: $3, 300 Per Year. No long-term lease
• Zoned A-1 Agriculture. Parcel is not enrolled in the Ag Preserve Program. Rezoning of site unlikely in the immediate future, per the City of Farmington.
• Similar use possible as current ownership: outdoor landscaping or similar business (grandfathered in use)
• No wetland delineation, environmental, or soil reports have been completed by ownership. County is responsible for buffers around ditches & culverts such as the area running through the SW corner of the parcel.
• One pole barn out-building on site. Electric runs to the property and all other utilities are nearby the site on County Road 50 & Flagstaff Avenue
• Large land parcel to the north has environmental studies complete and is currently for sale and zoned for industrial use. If developed, rezoning for the subject property site may be possible
• Bethel Rock Church immediately adjacent to site. Farmington High School is 1.7 miles to the north. City of Lakeville & City of Farmington near 20 Acre subject
• Strong residential development near the subject property. 40 minutes south of Minneapolis & St. Paul. Surrounded by major retailers to the east & west
• Excellent visibility and easy access off County Road 50 & Flagstaff Avenue
• ~17, 500 Vehicles Per Day on County Road 50
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1
Property Type:
Lot/Land
City:
Farmington
County:
Dakota
State:
MN
Property Style:
Lot/Land
Zip Code:
55024
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
19.93
Geolocation:
44.6401364867, -93.1959740578
Inclusions:
Platted
Lot Dimensions:
1318 x 658
Restrictions:
Open
Zoning:
Agriculture
Farm
Topography:
Level, Sloped
Schools
School District:
192
District Phone:
6514635000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,684
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,684
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Paved Streets, Public Road, Storm Sewer
Available Utilities:
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Sewer Available
- Water Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.