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www.cbre.us/minneapolis FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT OPPORTUNITY 11.3 ACRES 4TH AVE & GRANT ST Anoka, MN 55303 PID: 06-31-24-22-0035 9.6 ACRES CONTACT US RICHARD PALMITER Vice President +1 952 924 4603 [email protected] BRIAN PANKRATZ First Vice President +1 952 924 4665 [email protected] ROUND LAKE BLVD NW BUNKER LAKE BLVD NW MAIN ST NW N 7TH AVE ANOKA COUNTY GOVERNMENT CENTER PID: 06-31-24-22-0018 1.7 ACRES NORTHSTAR COMMUTER RAIL LINE

FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

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Page 1: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

FOR SALE-$861,900

RESIDENTIAL REDEVELOPMENT OPPORTUNITY11.3 ACRES4TH AVE & GRANT STAnoka, MN 55303

PID: 06-31-24-22-00359.6 ACRES

CONTACT US RICHARD PALMITERVice President+1 952 924 [email protected]

BRIAN PANKRATZFirst Vice President+1 952 924 [email protected]

RO

UN

D LA

KE B

LVD

NW

BUNKER LAKE BLVD NW

MAIN ST NW

N 7

TH A

VE

ANOKA COUNTY GOVERNMENT CENTER

PID: 06-31-24-22-0018 1.7 ACRES

NORTHSTAR COMM

UTER RAIL LINE

Page 2: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

TRAFFIC COUNTSHwy 10 66,000 VPD

Grant St 3,350 VPD

4th Ave 3,300 VPD

# PID ACRES1 06-31-24-22-0035 9.6

2 06-31-24-22-0018 1.7

PROPERTY HIGHLIGHTS (SITE 2)

+ ±11.3 acres of land total

+ Immediate access to 4th Ave; easy access to Hwy 10

+ ±550’ of frontage on Rum river

+ Close proximity to Northstar Commuter Rail Station

+ Utilities to site

+ Close proximity to Greenhaven Country Club

+ Anoka-Hennepin ISD #11

+ Zoned TOD-R (Transit-Oriented Residential Development)

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

www.cbre.us/minneapolis

12 THE

HOMESTEADAT ANOKA

CITY OWNEDOPEN SPACE

JOHNSON ST

GRANT ST4TH

AV

E

NORTHSTAR COMMUTER RAIL LINE

Page 3: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

WETLANDS MAP

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

Page 4: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

PROPERTY ACCOUNT SUMMARY

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

Property Account Summary

Current General InformationProperty ID 06-31-24-22-0035Situs Address UNASSIGNED SITUS , ANOKA, MN 00000-0000

PropertyDescription

THAT PRT OF NE1/4 OF NW1/4 LYG W OF W LINE OF BLOCK 6 WOODBURY'S ADD TO THE CITY OF ANOKA & GOVT LOT 1 SEC 6 TWP 31 RGE 24, GOVTLOT 1 SEC 1 TWP 31 RGE 25, 5TH AVE, & CSAH NO 131 AKA 4TH AVE FKA THNO 288, LYG NLY OF WLY EXT OF S LINE OF SD BLK 6 AND LYG SLY ANDSWLY OF FOL DESC LINE: COM AT NE COR OF SD GOVT LOT 1 SEC 6, TH S 00 DEG 51 MIN 13 SEC W, BRG ASSD, ALG E LINE OF SD GOVT LOT 1 SEC 6,33.01 FT TO INTER/W WLY EXTN OF N LINE OF SD BLK 6, TH N 89 DEG 08 MIN 19 SEC E ALG SD EXT LINE AND ALG SD N LINE OF BLK 6, 358.71 FT TOPOB OF LINE TO BE DESC; TH S 01 DEG 06 MIN 04 SEC W 20.52 FT, TH SWLY ALG TAN CUR CONC TO NW, RADIUS OF 263 FT, CENTRAL ANG 44 DEG 45MIN 21 SEC 205.44 FT, TH S 45 DEG 51 MIN 25 SEC W TAN TO SD CUR 266.19 FT, TH SWLY ALG TANG CUR CONC TO NW RADIUS OF 263 FT,CENTRALANG OF 43 DEG 16 MIN 54 SEC 198.67 FT, TH S 89 DEG 08 MIN 19 SEC W, TAN TO SD CUR 499.22 FT, TH NWLY ALG TANG CUR CONC TO NE RADIUS OF263 FT CENTRAL ANG 43 DEG 22 MIN 32 SEC 199.10 FT, TH N47 DEG 29 MIN 10 SEC W TAN TO SD CUR TO N LINE OF SD GOVT LOT 1 SEC 6, SD LINETHERE TERM. EX THAT PRT LYG NLY OF FOL DESC LINE: BEG AT NE COR OF SD GOVT LOT 1 SEC 6, TH S 00 DEG 51 MIN 13 SEC W, BRGASSD, ALG ELINE OF SD GOVT LOT 1, SEC 6, 84.79 FT, TH S 45 DEG 51 MIN 25 SEC W 153.51 FT, TH S 89 DEG 08 MIN 19 SEC W TO SELY SHORELINE OF RUMRIVER AND SD LINE THERE TERM. EX RD SUBJ TO EASE OF REC

Last Sale Price Last Sale Date Last SaleDocument Type

Linked PropertyGroup Position

Status ActiveAbstract/Torrens All Torrens

PartiesRole NameOwner ANOKA CITY OF

Document Recording Process DatesAbstract Documents Have Been Recorded Through 01/14/2019Abstract Documents Have Been Mailed Through 01/14/2019Torrens Documents Have Been Recorded Through 01/10/2019Torrens Documents Have Been Mailed Through 01/10/2019

Active Certificates Of TitleType Certificate Number Certificate DateCRTST CERTIFICATE OF TITLE - STANDARD 120704 12/07/2011CRTST CERTIFICATE OF TITLE - STANDARD 111380 05/31/2007

Documents Recorded Within 30 Days Of "Recorded Through" Dates AboveType Abstract/Torrens Recorded Number Recorded DateNo Documents Found

Property CharacteristicsTotal Acres 9.27

* Lot Size: Approximate lot size in feet, clockwise beginning with the direction the lot faces

Tax District InformationCity Name ANOKASchool District Number and Name ANOKA-HENNEPIN SCHOOL DISTRICT #11

Property ClassificationTax Year Classification 2018 5E-Exempt Properties 2017 5E-Exempt Properties

Property ValuesTax Year Description Amount2019 Est Market (MKTTL) 728,6002019 Market Value Prior to Hstd Excl. (TMVP) 728,6002019 Est Market Land (MKLND) 728,6002019 Taxable Market (TMTV) 728,6002018 Market Value Prior to Hstd Excl. (TMVP) 728,6002018 Est Market (MKTTL) 728,6002018 Taxable Market (TMTV) 728,6002017 Taxable Market (TMTV) 728,6002017 Est Market (MKTTL) 728,6002017 Market Value Prior to Hstd Excl. (TMVP) 728,600

Tax Amounts for M1PRTax Year Description Amount2018 Total Tax Amounts - Before Payments 0.002018 Special Assessments (Included in Total) 0.00

Page 5: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

PROPERTY ACCOUNT SUMMARY

Property Account Summary

Current General InformationProperty ID 06-31-24-22-0018Situs Address UNASSIGNED SITUS , ANOKA, MN 00000-0000

PropertyDescription

THAT PRT OF GOVT LOT 1 SEC 6 TWP 31 RGE 24 LYG WLY OF WLY R/W LINE OF FOURTH AVE & LYG NELY OF FOL DESC LINE A & LYG SLY OF FOL DESCLINE B: LINE A IS DESC AS FOL: COM AT NE COR OF SD GOVT LOT, TH S00 DEG 51 MIN 13 SEC W, ASSD BRG, ALG E LINE OF SD GOVT LOT 33.01 FTTO INTER/W WLY EXTN OF N LINE OF BLK 6 WOODBURYS ADD TO CITY OF ANOKA, TH N 89 DEG 08 MIN 19 SEC E ALG SD EXTD LINE & ALG N LINE OFSD BLK 6 358.71 FT TO POB OF SD LINE A, TH S 01 DEG 06 MIN 04 SEC W 20.52 FT, TH SWLY ALG A TAN CUR CONC TO NW RAD OF 263 FT CEN ANGOF 44 DEG 45 MIN 21 SEC 205.44 FT, TH S 45 DEG 51 MIN 25 SEC WTAN TO SD CUR 266.19 FT, TH SWLY ALG TAN CUR CONC TO NW RAD OF 263 FTCEN ANG OF 43 DEG 16 MIN 54 SEC 198.67 FT, TH S 89 DEG 08 MIN 19 SEC W TAN TO SD CUR 499.22 FT, TH NWLY ALG A TAN CUR CONC TO NERADOF 263 FT CEN ANG OF 43 DEG 22 MIN 32 SEC 199.10 FT, TH N 47 DEG 29 MIN 10 SEC W TAN TO SD CUR TO N LINE OF SD GOVT LOT & SD LINE ATHERE TERM, LINE B IS DESC AS FOL: BEG AT NE COR OF SD GOVT LOT, TH S 00 DEG 51 MIN 13 SEC W, ASSD BRG, ALG E LINE OF SD GOVT LOT 84.79FT, TH S 45 DEG 51 MIN 25 SEC W 153.51 FT, TH S 89 DEG 08 MIN 19 SEC W TO SELY SHORELINE OF RUM RIVER & SD LINE B THERE TERM, EX RDSUBJ TO EASE OF REC

Last Sale Price Last Sale Date 11/29/2004Last SaleDocument Type

Linked PropertyGroup Position

Status ActiveAbstract/Torrens Abstract

PartiesRole NameOwner ANOKA CITY OF

Document Recording Process DatesAbstract Documents Have Been Recorded Through 01/14/2019Abstract Documents Have Been Mailed Through 01/14/2019Torrens Documents Have Been Recorded Through 01/10/2019Torrens Documents Have Been Mailed Through 01/10/2019

Active Certificates Of TitleType Certificate Number Certificate DateNo Certificates Found

Documents Recorded Within 30 Days Of "Recorded Through" Dates AboveType Abstract/Torrens Recorded Number Recorded DateNo Documents Found

Property CharacteristicsTotal Acres 1.40

* Lot Size: Approximate lot size in feet, clockwise beginning with the direction the lot faces

Tax District InformationCity Name ANOKASchool District Number and Name ANOKA-HENNEPIN SCHOOL DISTRICT #11

Property ClassificationTax Year Classification 2018 5E-Exempt Properties 2017 5E-Exempt Properties

Property ValuesTax Year Description Amount2019 Est Market (MKTTL) 133,3002019 Market Value Prior to Hstd Excl. (TMVP) 133,3002019 Est Market Land (MKLND) 133,3002019 Taxable Market (TMTV) 133,3002018 Market Value Prior to Hstd Excl. (TMVP) 133,3002018 Est Market (MKTTL) 133,3002018 Taxable Market (TMTV) 133,3002017 Taxable Market (TMTV) 133,3002017 Est Market (MKTTL) 133,3002017 Market Value Prior to Hstd Excl. (TMVP) 133,300

Tax Amounts for M1PRTax Year Description Amount2018 Total Tax Amounts - Before Payments 0.002018 Special Assessments (Included in Total) 0.00

Payment History for Past Three YearsDate Paid Tax Year Principal Interests, Penalties and Costs Amount Paid

Page 6: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

ZONING MAP

ZONING CODE

TOD – R: TRANSIT ORIENTED DEVELOPMENT DISTRICT WITH A RESIDENTIAL EMPHASIS. This district is intended to facilitate the creation of compact, pedestrianoriented neighborhoods. The resulting neighborhood would be predominantly residential in nature but may include existing commercial and new compati-bly-scaled commercial areas.

PERMITTED USES.

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

SITE

a. Townhouse, rowhouseb. Dwelling unit located at ground level (mixed-use building)c. Dwelling unit located above ground floor (mixed-use building)d. Live-work buildinge. Congregate housing for senior populationsf. Apartments, condominiums, co-opsg. Day care centers in a mixed-use buildingh. Park and public recreation facilitiesi. Transit stations and related parking facilitiesj. Essential services

k. Retail sales and service establishments, financial services (in a mixed-use building)l. Offices - general, medical, professional in mixed-use buildingm. Service businesses such as beauty shops, barberships, dry-cleaning drop-off/pickup (no on-site processing) in a mixed-use buildingn. Hotelso. Structured parking facilitiesp. Restaurants, including open air or sidewalk cafes (in mixed-use building)q. Accessory uses

Page 7: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

FUTURE LAND USE MAP

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

SITE

TRANSIT ORIENTED DEVELOPMENTThe purpose of the Transit Oriented Development (TOD) land use category is to encourage a mixture of residential, commercial and civic uses in proximity to the commuter rail station at densities and intensities that support and increase transit use.

Page 8: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

www.cbre.us/minneapolis

DEMOGRAPHICS

2018 businesses 3 mile radius

2018 employees3 mile radius

2018 population 3 mile radius

58,645

2018 housing units 3 mile radius

22,937

2018 Average Household Income

3 mile radius

$90,682

29,879 1,854

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303

Page 9: FOR SALE-$861,900 RESIDENTIAL REDEVELOPMENT … · Group Position Status Active Abstract/Torrens All Torrens Parties Role Name Owner ANOKA CITY OF Document Recording Process Dates

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

CONTACT US

RICHARD PALMITERVice President+1 952 924 [email protected]

BRIAN PANKRATZFirst Vice President+1 952 924 [email protected]

www.cbre.us/minneapolis

DEMOGRAPHICSDEMOGRAPHIC BRIEF

45.211349,-93.387053 1 MILE 3 MILES 5 MILES

2018 Population - Current Year Estimate 7,915 58,645 131,356

2023 Population - Five Year Projection 8,126 61,012 137,356

2010 Population - Census 7,693 55,465 122,154

2000 Population - Census 8,156 53,929 113,878

2010-2018 Annual Population Growth Rate 0.35% 0.68% 0.88%

2018-2023 Annual Population Growth Rate 0.53% 0.79% 0.90%

2018 Households - Current Year Estimate 3,020 22,041 47,672

2023 Households - Five Year Projection 3,104 22,902 49,782

2010 Households - Census 2,927 20,880 44,403

2000 Households - Census 3,039 19,399 39,530

2010-2018 Annual Household Growth Rate 0.38% 0.66% 0.86%

2018-2023 Annual Household Growth Rate 0.55% 0.77% 0.87%

2018 Average Household Size 2.52 2.63 2.74

2018 Average Household Income $67,483 $90,682 $97,672

2023 Average Household Income $78,266 $104,367 $111,764

2018 Median Household Income $52,024 $75,615 $80,776

2023 Median Household Income $57,414 $82,866 $89,356

2018 Per Capita Income $27,260 $34,309 $35,682

2023 Per Capita Income $31,596 $39,404 $40,763

2018 Housing Units 3 ,245 22 ,937 49 ,127

2018 Vacant Housing Units 225 6.9% 896 3.9% 1,455 3.0%

2018 Occupied Housing Units 3,020 93.1% 22,041 96.1% 47,672 97.0%

2018 Owner Occupied Housing Units 1,607 49.5% 16,120 70.3% 37,974 77.3%

2018 Renter Occupied Housing Units 1,413 43.5% 5,921 25.8% 9,698 19.7%

2018 Population 25 and Over 5 ,433 40 ,454 89 ,688

HS and Associates Degrees 3,812 70.2% 26,659 65.9% 57,239 63.8%

Bachelor's Degree or Higher 1,055 19.4% 11,395 28.2% 28,050 31.3%

2018 Businesses 489 1,854 3,137

2018 Employees 9,171 29,879 48,418

©2019 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:419871

POPULAT ION

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING UN ITS

EDUCAT ION

PLACE OF WORK

FOR SALERESIDENTIAL REDEVELOPMENT

11.3 ACRES4TH AVE & GRANT ST

Anoka, MN 55303