For Sale: Clear Lake MLS# 7136416
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Property Description
INVESTMENT AND DEVELOPMENT OPPORTUNITY WITH HIGHWAY 10 VISIBILITY AND BNSF RAILROAD ADJACENCY. SEE SUPPLEMENTS FOR BROCHURE AND ADDITIONAL INFORMATION.
Approximately 15.38 acres strategically positioned along the Highway 10 corridor in Clear Lake. The property offers approximately 1, 600 feet of highway visibility, indirect Highway 10 access and direct adjacency to the BNSF railroad corridor. Located within Orderly Annexation Area Zone 3 and identified for future Business & Industry land use, this site presents compelling long-term potential for commercial, industrial, warehouse, contractor, transportation or owner-user development, subject to applicable zoning and governmental approvals.
The property includes an extensively updated approximately 1, 060-square-foot residence with two bedrooms and two bathrooms. Improvements include a new septic system, plumbing, electrical, kitchen, bathrooms, furnace and central air conditioning. Additional improvements include a detached 1.5-car garage and a 28×30 fully insulated and heated outbuilding that is partially finished.
Potential exists to divide the property into an approximately five-acre residential parcel and an approximately 10.7-acre development parcel, subject to final survey, recording and governmental approval. This configuration may allow an investor to sell, lease or retain the residence separately while positioning the remaining acreage for future development.
The property directly adjoins the BNSF corridor and may offer potential for a future private rail spur. Any rail connection is subject to BNSF review and approval, engineering feasibility, easements, permitting and governmental approvals. The property is not presently rail-served.
Existing improvements may provide interim rental income, office or owner-occupancy possibilities while future development plans are pursued. Conceptual site planning illustrates the property’s potential; proposed building layouts are conceptual only and have not been approved.
A distinctive opportunity combining existing improvements, divisible acreage, Highway 10 exposure, future Business & Industry land-use planning and potential rail-access advantages. Buyer and buyer’s agent to independently verify acreage, zoning, land-use designation, annexation requirements, access, utilities, soils, wetlands, building capacity, subdivision feasibility and rail-spur potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$789,900
Property Type:
Lot/Land
City:
Clear Lake
County:
Sherburne
State:
MN
Property Style:
Lot/Land
Zip Code:
55319
Community Name:
Clear Lake Township
Exterior
Out Buildings:
Garage(s), Guest House, Other, Workshop
Road Responsibility:
Public Maintained Road
Road Frontage:
- Paved Streets
- Sidewalks
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
15.38
Geolocation:
45.459956, -94.015698
Inclusions:
Other, Perk Test, Survey, Watering System
Lot Dimensions:
668646
Minimum Lot Size:
5 acre minimum w/250ft road frontage
Restrictions:
Open
Zoning:
- Agriculture
- Other
Lot Description:
- Green Acres
- Irregular Lot
- Property Adjoins Public Land
- Railroad Access
- Suitable for Horses
- Tillable
- Tree Coverage - Light
- Underground Utilities
Farm
Soil Type:
Sand
Crop Acres:
0
Tillable Acres:
14
Topography:
Level, Low Land
WRP Acres:
0
Schools
School District:
742
District Phone:
3202539333
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,782
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,782
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
15.38
Miscellaneous
Development Status:
Other
Improvements:
Sidewalks
Available Utilities:
- Electricity Available
- Electricity Connected
- Outhouse
- Phone Available
- Phone Connected
- Private Septic Available
- Private Septic Connected
- Private Well Available
- Private Well Connected
- Propane Available
- Propane Connected
- Sewer Available
- Underground Utilities Available
- Underground Utilities Connected
- Water Available
Power Company Name:
Connexus Energy
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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 Referral Realty.
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.