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  • $1,800,000

    1112 River Rd NE, Hanover, MN 55341

    --beds
    --baths
    45.27Acres
    Unimproved Land
    Built in 1894
    45.27 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,550 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,550/mo

    Zestimate® history
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    What's special

    46+/- investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property with multi-family / residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town’s already sought after appeal. You can find everything at your fingertips but still maintaining that small town feel. If you are looking for an investment opportunity this is it. These types of acreage do not come along often and anyone would be lucky to acquire. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford and Buffalo. As already stated this is an upcoming area as the cities grow out. This piece of land has tremendous potential. Buyer need to verify all remarks.

    Zillow last checked: 7 hours ago

    Listing updated: March 09, 2026 at 06:55am

    Listed by:

    Anthony W Arendt 612-805-9899,

    Midwest Land Group LLC

    Bought with:

    Anthony W Arendt

    Midwest Land Group LLC

    Tracy Phillippi

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6706518MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Lot
    • Size: 45.27 Acres
    • Dimensions: 1544 x 1319 x 1557 x 1316
    • Topography: Other
    Details
    • Parcel number: 108500253401
    • Zoning description: Industrial,Residential-Multi-Family

    Utilities & green energy

    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Private Septic Available, Private Septic Connected, Private Well Connected, Water Available

    Community & neighborhood

    Community
    • Community features: No
    Location
    • Region: Hanover

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    3/6/2026Sold$1,800,000-10%
    Source: NorthstarMLS as distributed by MLS GRID #6706518 Report a problem
    8/9/2025Pending sale$1,999,999
    Source: NorthstarMLS as distributed by MLS GRID #6706518 Report a problem
    4/21/2025Listed for sale$1,999,999-11.1%
    Source: NorthstarMLS as distributed by MLS GRID #6706518 Report a problem
    3/31/2025Listing removed$2,250,000
    Source: NorthstarMLS as distributed by MLS GRID #5729640 Report a problem
    8/20/2021Price change$2,250,000-10%
    Source: NorthstarMLS as distributed by MLS GRID #5729640 Report a problem

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: 55341

    Nearby schools

    GreatSchools rating