Tbd County Hwy 31, Pelican Rapids, MN 56572 (MLS# 20-28580)


$879,900
Tbd County Hwy 31
Pelican Rapids, MN 56572
MLS# 20-28580



Tbd County Hwy 31, Pelican Rapids, MN 56572
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Property Description
Calling all investors/developers! Here is a chance to purchase a gorgeous piece of property on a coveted lake an hour out of Fargo. Franklin lake is a pristine fishing and recreation lake. We all know how hard it is to find affordable lake shore this close to Fargo anymore. Well this property is priced $300,000 below tax assessed value. There are roughly 40 wetland banking credits available in Ottertail county. You can turn this property into the hottest development in the area. Perhaps you can split it a couple more times and have Lake shore lots, back lots, in between lots, storage lots, and anything else you can dream up. The access is literally only yards away. Views from every inch of the property. Access everywhere! This property is ripe for the picking. Don't miss

Details
Maps
None
Current Price: 879900
Status Change Info
Status: Active
Contract Information
List Date: 2019-10-16
List Price: 879900
Type of Property: Agriculture
Agent Relationship: No
Lender Owned: No
In Foreclosure: No
Potential Short Sale: No
Auction: No
General Property Information
Builder Restrictions: None
Aprox Lot Dimensions: 1200 x 1800
Approx Nbr of Acres: 50
Waterfront: Yes
Waterfront Name: Franklin
Fractional Ownership: No
Water Access: Lake
% Ownership: 100
Association Fee: No
Location, Tax and Other Information
House Number: Tbd
Street: County Hwy 31
County: Otter Tail
Postal City: Pelican Rapids
State/Province: MN
Zip Code: 56572
City/Rural: Rural
Geo Lat: 46.657266
Geo Lon: -95.963948
Township Name: Dunn
Township #: 137
Section #: 27
Range #: 42
Tax Classification: Agricultural
Tax Year: 2019
Tax Amount: 7936
Assessments: No
Taxes w/Assessments: 7936
Rental License: No
School District: Pelican Rapids #548
Directions & Remarks
Directions: From DL US-59S / MN-34 At roundabout, take 2nd exit Turn left onto CR-31 Arrive at CR-31
Waterfront Info
DNR #: 56075900
Lake Acres: 1087.8
Waterfront Frontage: 1200
Lake Maximum Depth: 48
Lake Class: Recreation Dvelopmnt
Lake Chain: No
Road Btwn Wtr & Home: No
Land Acreage
Aprx Tillable Acres: 35
Apx Pasture Acres: 50
Apx Wooded Acres: 15
New Development
New Development: No
Property Features
Additional Info: Abstract; Platted; Survey
Amenities - Exterior: None
Association Fee Incl: None
Available-Utilities: None
Beach Type: Undeveloped; Weeds/Reeds; Wetlands
Development Status: Raw Land
Lot/Land Description: Accessible Shoreline; Tree Coverage-Medium
Land Improvements: None
On-Site Utilities: None
Soil Type: Loam; Sand
Topography: Rolling; Sloped; Walkout
Terms: Cash; Conventional
Restrict/Covnts: Other Bldg Restrct; None

Listing Office: Jack Chivers Realty

Office Email: aubrey@jackchiversrealty.com

Last Updated: October - 21 - 2019

The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Wednesday 20th of November 2019 12:18 AM

218-998-4400