for sale 543 marketplace drive n big lake, mn 55309 · mark hulsey |managing broker |651.256.7404...

FOR SALE 543 MARKETPLACE DRIVE NBIG LAKE, MN 55309

Presented By:

Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]

Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]

PROPERTY INFORMATION 3

PROPERTY PHOTOS 9

LOCATION INFORMATION 11

ABOUT THE CITY OF BIG LAKE 15

DEMOGRAPHICS 17

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appropriate third party independent professionals selected by such party. All financial data should

be verified by the party including by obtaining and reading applicable documents and reports and

consulting appropriate independent professionals. RE/MAX Results - Commercial Group makes no

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financial performance, including that used for financial modeling purposes, may differ from actual

data or performance. Any estimates of market rents and/or projected rents that may be provided to

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must evaluate any applicable contractual and governmental limitations as well as market

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discussed by the party with a certified public accountant or tax attorney. Title questions should be

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543 MARKETPLACE DRIVE NBIG LAKE, MN 55309

TABLE OF CONTENTS

PROPERTY INFORMATION

Presented By:



OFFERING SUMMARY

Sale Price: $1,495,000

Lot Size: 36.62 Acres

Zoning: B-3 General Business

Traffic Count: 1,500 VPD

Price / SF: $0.94

Lot Sizes Lot A - 20.35

Lot B - 7.49

Lot C - 8.78

REO (Bank-Owned) Development Land Available! Apartments (High-Density Residential), Commercial, & Mixed-UseDevelopments are all possible with this site. The City Council is very pro-business and pro-development, so they’re receptive toApartments, Commercial, or Mixed-Use Developments. City is also very receptive to rezoning and amending the land use mapif needed to match the Developer’s use. The City is usually willing to work with anyone as long as the concept has high-qualityarchitecture and site configuration. The City of Big Lake want the community to be walkable/bikeable and are open toinnovative development concepts that promote this same vision. Zoned B-3 General Business currently, and has greatpotential to rezone to Apartments as that use matches the City’s Comprehensive Plan. 3 Commercial Lots equaling 36.62Acres, with 29.14 Acres of usable Land. 7.48 Acres is considered unusable area. Two access points to the lots currently, primaryaccess off 168th Street and a secondary access of 172nd St to the west. All major utilities shave been stubbed to the lots.Project infrastructure is essentially complete. Located just 2.5 miles from Big Lake. Bring all offers!

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Apartment or Commercial Land for Development

• Total Lot Size Available: 1,595,167 SF (3 Parcels)

• Total Acreage: 36.62 Acres Usable Land: 29.14 Acres

• Easily Accessible from Hwy 10

• Zoned B-3 General Business

• Traffic Count: 18,200 VPD on Hwy 10 and 1,500 VPD on Marketplace Dr.

S E C T I O N 1 / P A G E 4543 MARKETPLACE DRIVE NBIG LAKE, MN 55309

EXECUTIVE SUMMARY

Presented By:



SALE PRICE $1,495,000

LOCATION INFORMATION

Street Address 543 Marketplace Drive N

City, State, Zip Big Lake, MN 55309

County/Township Sherburne/33

Cross Streets Marketplace Dr

Range 27

Section 22

Side Of Street North

Road Type Paved

Market Type Small

Nearest Highway US Hwy 10

LAND

Number Of Lots 3

Best Use Commercial

Water Yes

Telephone Yes

Cable Yes

Sewer Yes

PROPERTY DETAILS

Property Type Apartment Development Land

Property Subtype Retail

Zoning B-3 General Business

Lot Size 36.62 Acres

APN# 655430030, 655430040, 655430070

Lot Frontage 2,331

Corner Property Yes

Traffic Count 1,500

Traffic Count Street Marketplace Dr

Traffic Count Frontage 2331

2017 Taxes $43,248

Legal Description OUTLOT G, OUTLOT D, OUTLOT C


PROPERTY DETAILS

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S E C T I O N 1 / P A G E 6543 BIG LAKE MARKETPLACE NBIG LAKE, MN 55309

PARCEL MAPS

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FOR LARGER IMAGES PLEASE SEE LINK BELOW, ABOVE PHOTOS UNDER DOCUMENTS TABhttps://resultscommercial.com/listings/?propertyId=543BigLakeMarketplaceN

1


PLAT IMAGES

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FEMA FLOOD DANGER MAP

PROPERTY PHOTOS

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S E C T I O N 2 / P A G E 1 0543 MARKETPLACE DRIVE NBIG LAKE, MN 55309

PHOTOS

LOCATION INFORMATION

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B-3 GENERAL BUSINESS ZOING

The purpose of the B-3, General Business District is to provide for the establishmentof commercial and service activities which draw from and serve customers fromthe entire community or sub-region.

Permitted Uses: Bait & Tackle Shop, Banks, credit unions, and other financialinstitutions, Beer store (subject to license requirements of the City), Bicycle Sales &Repair, Boat & Marine Sales (when conducted entirely within a building), BuildingMaterial Sales (provided it is conducted entirely within a building), ChiropracticClinic, Dry cleaning, Laundromat, Laundry Service, Garden Center (provided it isconducted entirely within a building), Grocery or Supermarket, Health Club, HobbyStore (including handicraft classes), Interior Design Studio, Jewelry Sales & Repair,Library, Live Entertainment (indoor), Meat Market (but not including processing fora locker) Medical Clinic, Dental Clinic, Multi Tenant Retail Facility, NewspaperPublishing Office, Office Business (general), Office Warehouse (follow link below onall restrictions), Personal Services, Personal Wireless Service Antennas,Photographic Studio, Supply & Processing Store, Pet Shop (shall not includeboarding of pets), Printing Establishments, Recreation/Public, Restaurant (includesdelivery, take out), Retail Business, Service Business, Small Appliance Repair, ShoeSales & Repair, Wholesale Showroom

For more information please visit the City of Big Lake website:https://www.biglakemn.org/DocumentCenter/View/276/Section-1057-PDF?bidId=


ZONING INFORMATION

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RETAILER MAP

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LOCATION MAPS

ABOUT THE CITY OF BIG LAKE

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CITY OF BIG LAKEThe City of Big Lake is located in Sherburne County. Big Lake is a rapidly growingcommunity beyond the metro suburbs with a geographical location in a corridorplacing it 30 minutes from St. Cloud and 35 minutes from Minneapolis/St.Paul. BigLake is also home to the Northstar Light Rail line which runs from Big Lake to theMinneapolis/St. Paul metro area, and also offers Northstar Link bus service to St.Cloud.

Big Lake is populated primarily by young families who value the quality of life thattheir city offers them. Big Lake ensures an exceptional quality of life by activelyenhancing community cohesiveness, cultural events, parks and natural resources,technology advancements and financial transparency. Big Lake also also supports arobust partnership with the Big Lake school district.

Engaged Big Lake citizens find ideal recreational opportunities throughout its 19beautiful maintained city parks, over 20 miles of hiking and biking trails, and theBig Lake destination swimming beach. The weekly Farmers Market, Music in thePark events, and the annual Spud Fest highlight the summer season; similarcommunity gatherings are scheduled year round.

Big Lake remains one of the safest Minnesota communities. They enjoy one of thelowest average crime rates per citizen in the State, and the lowest of all theincorporated cities in Sherburne County. Big Lake was recognized as the 5th SafestCity with a population between 10,000 and 20,000 residents by a recent studypublished, and rated 23rd safest of all Minnesota cities in a second report.

City of Big Lake: https://www.biglakemn.org/

Big Lake Chamber of Commerce: https://biglakechamber.com/


CITY OF BIG LAKE

DEMOGRAPHICS

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POPULATION 1 MILE 5 MILES 10 MILES

Total population 1,049 28,761 107,921

Median age 33.5 32.3 32.4

Median age (Male) 32.3 31.3 32.1

Median age (Female) 34.4 32.9 32.6

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 352 9,666 37,023

# of persons per HH 3.0 3.0 2.9

Average HH income $79,079 $80,023 $82,512

Average house value $235,937 $245,483 $254,883

* Demographic data derived from 2010 US Census


DEMOGRAPHICS MAP & REPORT

for sale 543 marketplace drive n big lake, mn 55309 · mark hulsey |managing broker |651.256.7404...

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