8054 Spring Lake Road Ne, Spring Lake Park, MN 55432

Spring Lake Park
Local realty services provided by:ERA Gillespie Real Estate
8054 Spring Lake Road Ne,Spring Lake Park, MN 55432
$575,000
  • 1.66 Acres
  • Lots / Land
  • Active
Listed by: mary sabby
Office: counselor realty
MLS#:7068759
Source:NSMLS

Price summary

  • Price:$575,000

About this home

Prime 1.7-acre corner site on Hwy 10 with excellent visibility and high traffic counts. Currently zoned C2 with limited commercial uses. Comprehensive Plan guides the property for medium=density residential (up to 10 units per acre). City has indicated receptiveness to R-3 rezoning, make this an ideal opportunity for townhome, multifamily, or senior housing development. Strong nearby housing demand supports the area, with neighboring properties reporting extended waitlists for 2 bed units and rates around $1700/month. Senior housing benefits from reduced parking requirements, allowing for more efficient layout. Hwy 10 corridor improvements and potential lane/access modifications may impact future access. Existing home is a teardown and sold as-is. Buyer to verify all zoning, density, market and development requirements.

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Home facts

  • Year built:1937
  • Listing ID #:7068759
  • Added:54 day(s) ago
  • Updated:June 29, 2026 at 04:43 PM

Structure and exterior

  • Year built:1937
  • Lot area:1.66 Acres
  • Lot Features:Corner Lot, Level, Public Transit (w/in 6 blks), Tree Coverage - Medium

Finances and disclosures

  • Price:$575,000
  • Tax amount:$4,440 (2026)
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