Active

$575,000

8054 Spring Lake Rd NE, Spring Lake Park, MN 55432

--beds

--baths

1.66Acres

Unimproved Land

Built in 1937

1.66 Acres Lot

$565,200 Zestimate^®

$--/sqft

$-- HOA

What's special

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.

9 days

104

0

Facts & features

Interior

Features

Has basement: No

Property

Features

Fencing: Full

Lot

Size: 1.66 Acres
Dimensions: 378 x 192 x 92 x 257 x 191
Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Topography: Level

Details

Parcel number: 063023320043
Zoning description: Business/Commercial

Utilities & green energy

Utilities for property: Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available

Community & HOA

Community

Features: No
Subdivision: Auditors Sub 89

HOA

Has HOA: No

Location

Region: Spring Lake Park

Financial & listing details

Tax assessed value: $293,700
Annual tax amount: $4,440
Date on market: 5/6/2026
Inclusions: None
Road surface type: Paved

Estimated market value

$565,200

$537,000 - $593,000

$1,663/mo

Price history

Date	Event	Price
5/6/2026	Listed for sale	$575,000
Source: NorthstarMLS as distributed by MLS GRID #7068759 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,188 +11.3%	$293,700 +0.5%
2024	$3,762 +14.3%	$292,200 +3.5%
2023	$3,290 -8.8%	$282,400 +8.4%
2022	$3,608 +8.9%	$260,500 +5.7%
2021	$3,312 -10.3%	$246,500 +5.2%
2020	$3,692 +41.3%	$234,300 +14.9%
2019	$2,612	$204,000
2018	$2,612	$204,000 +15%
2017	$2,612	$177,400
2016	$2,612 -0.4%	--
2015	$2,622 +5.3%	$170,800
2014	$2,490 +1%	--
2013	$2,466 -9.5%	--
2012	$2,724 +6.2%	--
2011	$2,564	--
2010	--	--
2009	$2,846 -1.2%	--
2008	$2,882 +14.5%	--
2007	$2,516 +18%	--
2006	$2,132 +18.2%	--
2005	$1,804 +16.5%	--
2004	$1,548 +22.1%	--
2003	$1,268 +2.8%	--
2002	$1,234 -1.9%	--
2001	$1,258 +13.5%	--
2000	$1,109	--

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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