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12 Acres on County 136 and 40th St

NE of 40th St S and County Rd 136, St. Cloud, MN

Price: $785,000

Zoning: Currently Agriculture, however, the owner has changed the Comprehensive Plan to commercial.

The home on the site is currently leased.

Parcel subject to T-Mobile Cellular Tower Lease with potentially 16 years remaining on the lease with a current annual lease of $6442.76 annually.

A wetland delineation has been completed. There is just over 3 acres of wetlands on this parcel. The wetland portion easily divides the North side from the South side which would allow for an exquisite residential lot of close to 4 acres with park on two sides and a natural wetland growth on the other side. A road has been graded for the future residential parcel for ease in traveling to the home site location. 

This is one of the few commercial parcels you will find in this corridor due to the many residential developments surrounding it. This parcel is priced to sell and will then allow the future owners to benefit from the growth.

The 254 Acre Neenah Creek Park borders 2 sides of this 12 acre parcel and one of the first roundabout intersections in the area will be located here as well. Access to I-94 interchange is planned to connect to this roundabout. The 40th Street corridor study is complete and this will become one of the main East/West corridors in the city connecting to County Road 75 which also has plans for a bridge connection to Highway 10. There are over 2500 approved platted residential homes/townhomes in this immediate area which will aid the success of any commercial business which locates on this hard corner. With the 254 acre park and all of the recreational activity there will also be a tremendous amount of traffic coming directly to this corner.

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