View Brochure - Close Converse
Transcription
DEVELOPMENT LAND 23787 & 23635 HWY 371, NISSWA, MN COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES HWY 371, NISSWA { Table of Contents } Page 3 - 5 6 7 8 9 10 - 11 12 13 14 15, 16 17 18 19 Features Divisble Areas, Land Use & Pricing Survey Section Map Section Aerial Aerial Photos Zoning Map Traffic Counts Location Map Demographics Thank You Agency Disclosure Contact 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 2 HWY 371, NISSWA { Features } Commercial & Residential Development Opportunity. Take all or just part of this rare opportunity to purchase and develop a large tract of acreage near Sportland Corners in Nisswa. Nearly 135 acres lies along the Hwy 371 corridor offering prime visibility and easy access - located close to a major, controlled intersection leading to numerous resorts, homes, businesses, and tourist attractions. Property is zoned for both commercial and residential development - making it ideal for many uses. Develop your dreams today! The site is suitable for medical, retail, hospitality, office or residential projects. Seller will divide. Location: 23787 & 23635 Hwy 371, Nisswa, MN 56468 Directions: From the Baxter Hwy 210/371 intersection - North on Hwy 371 towards Nisswa - Property is located on the west side of Hwy 371 just south of Holiday Gas - Property begins approx. 800’ south of the Hwy 371 / CR 77 intersection and runs south to Polks Road. Lot Size: Approx. 134.2 Total Acres less ROW (According to Survey) Road Frontage: Approx. 3,974.34’ along Hwy 371 PRICE REDUCED: Note: $2,750,000 $2,350,000 Seller has proposed to divide the entire tract into 8 developable areas plus green space. Area zoning, size and pricing can be seen on page 6. 2014 Taxes: $22,133.90 For Entire Tract (Including $15.00 in Assessments) Water: Wells would need to be installed - Nisswa currently has no municipal water supply. Continued on next page. 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 3 HWY 371, NISSWA { Features } Sewer: City hook-up available - Municipal waste-water is located on the east side of Hwy 371 and will have to be extended to the property. Zoning: Current Zoning is HB - Highway Business District & UR - Urban Residential. The Seller is pursuing different configurations for the zoning, as shown on page 6. A district that allows and encourages commercial development that provides services and shopping facilities adjacent to Trunk Highway 371. The City should encourage open space design principles for commercial projects within this district. A district designed to provide traditional residential neighborhood sites adjacent to downtown and the Sportland Corner area. Residential densities should range from one unit per 15,000 s.f. (with municipal sewer) to one unit per 20,000 s.f. (without municipal sewer) The City should allow single family, duplex, tri-plex and quad home developments. Building types that incorporate more units may be allowed by conditional use permit. Highway Business: Urban Residential: Access Points: A) North: B) East: C) South: Neighboring Businesses: See Section Aerial on Page 8 Access is from County Road 77, between Glynlyon and the water slide Full access is provided on Hwy 371 toward the northerly portion of the property Full access is provided on Hwy 371 at Polk’s Road Located along the Hwy 371 corridor, neighboring businesses include Holiday Gas Station, Glynlyon, Schaefer’s Foods, BlackRidge Bank, Spirits of Nisswa, Gull Dam Brewery, Wendy’s, Positive North Realty, Kurilla Realty, D&H Docks, Walleye Dan Guide Service, Timberwood Chruch, ReMax Lakes Area Realty, Frandsen Bank, Magnuson Hotel, Nisswa Dock, Liquid Reflektions, Nisswa Building Supply, Subway, Anytime Fitness, Waseau Homes, Micronet, Belle Cheveax Salon & Spa, Grandview Resort, Zorbaz, Bar Harbor, Cowboy’s, plus many other unique retail/food/specialty shops within the town of Nisswa. 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 4 HWY 371, NISSWA { Features } Parcel # Lot Size 2014 Taxes 3.65 Ac $283.38 280232100G00889 18.57 Ac 280232300AA0009 5.76 Ac $191.06 280232400B00009 20 Ac $1,957.18 280232200A00009 280232400A00009 280233100A00009 280233100B00009 280233400A00009 25.76 Ac 14.38 Ac 20.83 Ac 33.01 Ac $11,591.10 $3,570.64 $1,085.08 $1,267.00 $2,188.46 Legal Description Pt of NE1/4 of NW1/4 lying S of N 700 ft thereof exc St Hwy ROW exc pt to MP&L Co. NW1/4 of NW1/4 exc pt to Gull Lake Sports as recorded in Bk 273 of Deeds pg 240 & exc pt to MP & L in Bk 217 Deeds pg 43 & excpt to Anderson in Bk 156 Deeds pg 274. E 380 ft of SWq/4 of NW1/4 exc N 660 ft thereof N 660 ft of SE1/4 of NW1/4 & N 660 ft of E 380 ft of SW1/4 of NW1/4 subj to esmnts SE1/4 of NW1/4 exc N 660 ft thereof NE1/4 of SW1/4 exc State Hwy ROW exc S 770 ft thereof S 770 ft of NE1/4 of SW1/4 exc Hwy ROW SE1/4 of SW1/4 exc Hwy & exc S 33 ft * See Page 8 for Section map with corresponding PID #’s. The divisible Land Use Areas shown on Page 6 will be used in the sale of the property. 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 5 HWY 371, NISSWA { Divisible Areas, Land Use & Pricing } Proposed Land Use (Note: Land uses and road location indicated have not yet been approved by the City of Nisswa. 9-23-14) HIGHWAY BUSINESS 30,000 SF MIN LOT SIZE URBAN RESIDENTIAL 20,000 SF MIN LOT SIZE OPEN SPACE RES. 100,000 SF MIN LOT SIZE Size 463,000 SF 290,500 SF 365,000 SF 197,000 SF 124,000 SF 1,280,000 SF 812,400 SF 800,000 SF Original Price $700,000 $300,000 $500,000 $250,000 $200,000 $300,000 $200,000 $200,000 Sale Price $550,000 $250,000 $450,000 $250,000 $200,000 $250,000 $200,000 $200,000 TOTAL 5,845,752 SF $2,750,000 $2,350,000 Tract A B C D E F G H Green Space $100,000 NA $ / SF $1.07 $0.86 $1.10 $1.27 $1.61 $0.20 $0.25 $0.25 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 6 HWY 371, NISSWA { Survey } 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 7 HWY 371, NISSWA { Section Map } 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 8 HWY 371, NISSWA { Section Aerial } A B C * Access points to the property are shown in the yellow A, B & C notated circles. 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 9 HWY 371, NISSWA { Aerial Map } Northland Center N Nisswa Marine Nisswa Building Supply Magnuson Hotel Nisswa Lake Frandsen Bank Wendy’s Schaefer’s Foods Glynlyon Holiday Spirits of Nisswa Gull Dam Brewery Commercial & Residential Acreage D&H Docks Kurilla Realty Walleye Dan Guide Service Timberwood Church 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 10 HWY 371, NISSWA { Aerial Map } N B A F C G H E D Size 463,000 SF 290,500 SF 365,000 SF 197,000 SF 124,000 SF 1,280,000 SF 812,400 SF 800,000 SF Original Price $700,000 $300,000 $500,000 $250,000 $200,000 $300,000 $200,000 $200,000 Sale Price $550,000 $250,000 $450,000 $250,000 $200,000 $250,000 $200,000 $200,000 TOTAL 5,845,752 SF $2,750,000 $2,350,000 Tract A B C D E F G H Green Space $100,000 NA $ / SF $1.07 $0.86 $1.10 $1.27 $1.61 $0.20 $0.25 $0.25 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 11 HWY 371, NISSWA { Zoning Map } HB - Highway Business and UR - Urban Residential 3 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 12 HWY 371, NISSWA { Traffic Counts } 2007 Counts from MNDOT Nisswa Traffic Counts: 19,800 on Hwy 371 & 5,100 on CR 13 / CR77 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 13 HWY 371, NISSWA { Location Map } North South 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 14 HWY 371, NISSWA { Demographics } Trade Area 2013 Population (Includes the following counties): Crow Wing County Cass County Total Trade Area Population 64,181 29,349 93,530 2013 Population: Nisswa Brainerd Baxter 4,726 30,309 8,041 Estimated Summer Population: Brainerd/Baxter 200,000+ Projected Population Growth Change 2013-2018: Crow Wing County Nisswa Households in 2013: Crow Wing County Nisswa 0.35% 0.59% 12,316 2,056 2013 Median Household Income: Crow Wing County Nisswa $41,636 $55,037 Crow Wing County Retail Sales in 2004: $1,563,020,000 Major Employers (with 150 or more employees): Brainerd Public Schools #181 St. Joseph’s Medical Center Brainerd Regional Human Service Ctr Grand View Lodge Maddens, Inc. Crow Wing County Ascensus Cuyuna Regional Medical Center Cragun’s Resort Bethany Good Samaritan Village Central Lakes Community College Super Wal-Mart Brainerd Medical Center Crosby Public Schools-ISD Ruttger’s Bay Lake Lodge U.S. Link Trus Joist Mac Millan Breezy Point Resort Pequot Lakes Public Schools Riverwood International USA Nor-son, Inc. MN Dept of Transportation Anderson Brothers Construction Keystone Automotive Industries Woodland Good Samaritan Village Good Neighbor Home Health Care # of Employees Brainerd 950 Brainerd 908 Brainerd 677 Nisswa 600 Brainerd 500 Brainerd 450 Brainerd 404 Crosby 390 Brainerd 350 Brainerd 325 Brainerd 313 Baxter 300 Brainerd 285 Crosby 255 Deerwood 250 Pequot Lakes 246 Brainerd 220 Breezy Point 205 Pequot Lakes 200 Crosby 190 Baxter 177 Baxter 175 Brainerd 160 Brainerd 157 Brainerd 150 Brainerd 150 Continued on next page. 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 15 HWY 371, NISSWA { Demographics } Area Businesses: (To see a list of additional businesses, please go to www.explorebrainerdlakes.com) Financial Institutions: 15+ (multiple locations not counted) Churches: 30+ Schools: 15+ Golf Courses: 27+ Resorts: Bay Colony Inn Breezy Point Resort Craguns Fritz’s Resort Grand View Lodge Gull Lake Resort Izaty’s Kavanaugh’s Lost Lake Lodge Maddens Quarterdeck Ruttger’s Bay Lake Lodge Sullivans Plus numerous others Major Retailers: Anytime Fitness Baxter Village (6 Retailers) Best Buy Big Lots Book World Brother’s Motorsports Christmas Point Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham’s Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger’s Home Depot JC Penney’s Kohl’s Major Retailers Continued: Menards Northwoods Plaza (6 Retailers) Office Max Sears Super One Super Wal-Mart Target The Power Lodge Walgreens Westgate Mall (27 Retailers) Restaurants/Fast Food: 371 Diner Antler’s Applebee’s Arby’s Bar Harbor Billy’s Black Bear Lodge & Saloon Bonanza Boomer Pizza Boulder Tap House Brick House Pizza Breezy Point Marina Buffalo Wild Wings Burger King Caribou Coffee (2) Cherry Berry China Buffet China Garden Cold Stone Creamery Country Kitchen Cowboy’s Cragun’s Legacy Grill Cru Culver’s Dairy Queen (3) Domino’s Pizza El Tequila Erbert & Gerberts Ernie’s Four Seas Giovanni’s Pizza Grizzly’s Grill & Saloon Restaurants/Fast Food Continued Half Moon Saloon Hardee’s Hunt ‘N Shack Iven’s on the Bay Jack’s House Jakes’s Jimmy John’s KFC (2) Madden’s Classic Grill Manhattan Beach Maucieri’s McDonalds (3) Moonlite Bay Northwinds Grille Olive Garden Papa John’s Pizza Papa Murphy’s Pizza Perkins Pestello’s Pine Peaks Pizza Hut Pizza Ranch Poncho & Lefty’s Prairie Bay Prime Time Quarterdeck Rafferty’s Pizza (3) Riverside Inn Ruttger’s Sawmill Inn Sherwood Forest Starbucks Subway (3) Sundshine/Moonshine Taco Bell Taco John’s The Barn The Chap The Commander The Lodge Grill The Pines at Grandview Timberjack TJ’s Log Cabin Wendy’s (2) Ye Ole Wharf Zorbaz (2) 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 16 HWY 371, NISSWA { Thank You } Thank you for considering this Close - Converse opportunity Close - Converse is pleased to present this real estate opportunity for your review. It is our intention to provide you with the breadth of information and data that will allow you to make an informed decision. We are here to help Please review this package and contact us with any questions you may have. We are prepared to discuss how this property meets your needs and desires. Facts, figures and background information will aid in your decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areas of professional expertise, we will be happy to work with your advisor or, we can recommend competent professionals. How to acquire this opportunity When you have made a decision to move forward, we can help structure a proposal that covers all the complexities of a commercial real estate transaction. As seller’s representatives, we know the seller’s specific needs and can tailor a proposal that expresses your desires, provides appropriate contingencies for due diligence and results in a win-win transaction for all parties. Agency and you Generally, we are retained by sellers or landlords to represent them in the packaging and marketing of their commercial, investment or development real estate. You are encouraged to review the Minnesota disclosure form “Agency Relationships in Real Estate Transactions” which is enclosed at the end of this package. If you have questions about agency and how it relates to your search for the right property, please ask us. We will answer all your questions and review the alternatives. Should you wish to pursue this opportunity, please acknowledge your review of “Agency Relationships” by signing, dating and returning it to us. 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 17 HWY 371, NISSWA { Agency Disclosure } 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 18 HWY 371, NISSWA { Contact } Address: 521 Charles Street PO Box 327 Brainerd, MN 56401 Telephone: 218-828-3334 Fax: 218-828-4330 Website: www.closeconverse.com You may also contact the following members of the Close~Converse team by cell phone or email. Rod Osterloh 218-831-1301 cell [email protected] Chris Close, CCIM 218-831-7510 cell [email protected] Kevin Close 218-831-3077 cell [email protected] Nate Grotzke, CCIM 218-838-1000 cell [email protected] Tim Miller 218-838-8772 cell [email protected] Jody Osterloh 218-831-0712 cell, [email protected] 521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2014 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com 19
Similar documents
24066 SMILEY ROAD, NISSWA, MN 56468
Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham’s Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger’s Home Depot JC Penney’s Kohl’s
More informationWEST SIDE COMMONS, HIBBING, MN
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334 © 2011 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, ho...
More information30960 GOVERNMENT DR, PEQUOT LAKES
Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham’s Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger’s Home Depot JC Penney’s Kohl’s
More information4285 west lake st, pequot lakes, mn
Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham’s Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger’s Home Depot JC Penney’s Kohl’s
More informationMEADOWVIEW LANE N, PILLAGER, MN
Best Buy Big Lots Book World Brother’s Motorsports Christmas Point Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham Sports East Brainerd Mall (17 Retailers) Fleet Farm...
More information