FOR SALE-$3,485,000 OR $4.00/SF CITY-OWNED LAND IN COR · for sale-$3,485,000 or $4.00/sf city-owned land in cor 13.46 acres (divisible) zeolite st nw & sunwood dr ramsey, mn 55303

FOR SALE-$3,485,000 OR $4.00/SF

CITY-OWNED LAND IN COR13.46 ACRES (DIVISIBLE)ZEOLITE ST NW & SUNWOOD DRRamsey, MN 55303

RA

MSEY B

LVD

NW

SUN

FISH LA

KE B

LVD

NW

MISSISSIPPI RIVER

NORTHSTAR COMMUTER RAIL LINE

PID: 28-32-25-24-001711.72 ACRES

AR

MSTR

ON

G B

LVD

NW

BUNKER LAKE BLVD

RESIDENCE AT THE COR APTS.

SUNWOOD VILLAGE APTS.

PID: 28-32-25-31-00251.74 ACRES

www.cbre.us/minneapolis

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

ALPINE DR

PROPERTY HIGHLIGHTS

+ Located at the NE corner of Zeolite St NW and Sunwood Dr

+ Immediate access to Immediate access to Zeolite St and Sunwood Dr

+ Easy access to Hwy 10 and Civic Center Dr

+ Close proximity to Northstar Commuter Rail Station

+ Only 30 minutes to downtown Minneapolis

+ Zoned COR-1 (Mixed-Use)

+ Anoka-Hennepin ISD #11

FOR SALECITY-OWNED LAND

13.46 ACRES (DIVISIBLE)ZEOLITE ST NW &

SUNWOOD DRRamsey, MN 55303


TRAFFIC COUNTSHwy 10 36,000 VPD

Armstrong Blvd 8,100 VPD

Sunwood Dr NW 3,950 VPD

Bunker Lake Blvd 4,300 VPD

# PID ACRES1 28-32-25-24-0017 11.72

2 28-32-25-31-0025 1.74

NORTHSTAR COMMUTER RAIL LINE

AR

MSTR

ON

G B

LVD

NW

BUNKER LAKE BLVD

SUNWOOD DR NW

ZEO

LITE

ST

NW

2

1

RH

INESTO

NE ST N

W

SITE

COR RETAIL CENTER CONCEPT MAP







PROPERTY ACCOUNT SUMMARY

Property Account Summary

Current General InformationProperty ID 28-32-25-24-0017Situs Address UNASSIGNED SITUS , RAMSEY, MN 00000-0000Property Description OUTLOT C AFFINITY AT THE CORLast Sale Price Last Sale Date Last Sale Document Type Linked Property Group Position Status ActiveAbstract/Torrens All Torrens

PartiesRole NameOwner RAMSEY CITY OF

Document Recording Process DatesAbstract Documents Have Been Recorded Through 12/28/2018Abstract Documents Have Been Mailed Through 12/28/2018Torrens Documents Have Been Recorded Through 12/26/2018Torrens Documents Have Been Mailed Through 12/26/2018

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 CharacteristicsNo Property Characteristics Found

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

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

Property ClassificationTax Year Classification No Property Classification Records Found

Property ValuesTax Year Description Amount2019 Est Market Land (MKLND) 2,426,4002019 Market Value Prior to Hstd Excl. (TMVP) 2,426,4002019 Taxable Market (TMTV) 2,426,4002019 Est Market (MKTTL) 2,426,400

Tax Amounts for M1PRTax Year Description AmountNo Amount Records Found

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

No Charges are currently due.

Developed by Manatron, Inc. @2010 All rights reserved.

Version 1.0.5590.10027





PROPERTY ACCOUNT SUMMARY

Property Account Summary

Current General InformationProperty ID 28-32-25-31-0025Situs Address UNASSIGNED SITUS , RAMSEY, MN 00000-0000Property Description OUTLOT B AFFINITY AT THE CORLast Sale Price Last Sale Date Last Sale Document Type Linked Property Group Position Status ActiveAbstract/Torrens All Torrens

PartiesRole NameOwner RAMSEY CITY OF

Document Recording Process DatesAbstract Documents Have Been Recorded Through 12/28/2018Abstract Documents Have Been Mailed Through 12/28/2018Torrens Documents Have Been Recorded Through 12/26/2018Torrens Documents Have Been Mailed Through 12/26/2018

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 CharacteristicsNo Property Characteristics Found

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

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

Property ClassificationTax Year Classification No Property Classification Records Found

Property ValuesTax Year Description Amount2019 Est Market Land (MKLND) 474,5002019 Market Value Prior to Hstd Excl. (TMVP) 474,5002019 Taxable Market (TMTV) 474,5002019 Est Market (MKTTL) 474,500

Tax Amounts for M1PRTax Year Description AmountNo Amount Records Found

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

No Charges are currently due.

Developed by Manatron, Inc. @2010 All rights reserved.

Version 1.0.5590.10027




ZONING MAP


SITE

ZONING CODESEC. 117-118. - THE COR DISTRICT

a. Intent. The primary intent of the COR district is to create a focal point in the community that embodies the principles of transit-oriented and mixed-use development. The COR district envisions a distinctly different development pattern, with a more urban structure of streets and blocks, than the suburban and rural patterns that have shaped the community to date. The COR area is comprised of a number of distinct subdistricts intended todefinethetypeandintensityofuses,locationofamenitiesandoverallcharacterofdevelopment.TheCORdistrict incorporates the COR development plan and development framework by reference to provide necessary building and site design features that are essential to a pedestrian environment.

b. TheCORsubdistrictdefinition.TheCORdistrictconsistsoffivesubdistrictsthatdefinethetypeandintensityof land use.

1. COR-1 mixed-use core subdistrict. The mixed-use core is intended to provide a mix of residential, retail, service, professional, community service, recreational and similar uses on every block near, and within easy walking distance of the transit station.2. COR-2 (COR-2 and 2b) commercial subdistrict. The COR-2 commercial subdistrict is designated to provide a location for retail commercial that has building and/or site designs inconsistent with the COR-1 subdistrict, including larger scale retail and other auto-oriented commercial uses.3. COR-3 and COR-3a workplace subdistrict. The workplace area is intended to accommodate medical and technology-relatedofficeandresearchuses,aswellasotherofficeusesandancillaryretailandserviceuses designedtosupportserveemployeesandofficevisitors.4. COR-4 (COR-4a, COR-4b and COR-4c) neighborhood subdistrict. The neighborhood subdistrict is intended to include a full range of housing types, from small-lot single-family detached to high-density senior and generalapartments,aswellasalimitednumberofsmall-scaleretailandofficeusesatappropriatelocations (i.e., at corners).5. COR-5 park and open space subdistrict. The park and open space subdistrict is intended to preserve environmental features, provide amenities and create focal points and community gathering places within easy access of all areas of the COR.




FUTURE LAND USE MAP


SITE

MIXED USE.Mixed Use areas may include a combination of residential, commercial, light industrial, open space and a transit hub.




DEMOGRAPHICS

2018 businesses 3 mile radius

2018 employees3 mile radius

2018 population 3 mile radius

20,871

2018 housing units 3 mile radius

7,326

2018 Average Household Income

3 mile radius

$105,376

7,465 559





DEMOGRAPHICSDEMOGRAPHIC BRIEF

45.235380,-93.465108 1 MILE 3 MILES 5 MILES

2018 Population - Current Year Estimate 3,269 20,871 58,695

2023 Population - Five Year Projection 3,732 22,374 62,372

2010 Population - Census 2,341 18,350 53,404

2000 Population - Census 1,558 14,824 45,196

2010-2018 Annual Population Growth Rate 4.13% 1.57% 1.15%

2018-2023 Annual Population Growth Rate 2.68% 1.40% 1.22%

2018 Households - Current Year Estimate 1,201 7,255 21,407

2023 Households - Five Year Projection 1,374 7,787 22,717

2010 Households - Census 851 6,350 19,496

2000 Households - Census 497 4,840 15,700

2010-2018 Annual Household Growth Rate 4.26% 1.63% 1.14%

2018-2023 Annual Household Growth Rate 2.73% 1.43% 1.19%

2018 Average Household Size 2.72 2.88 2.71

2018 Average Household Income $97,494 $105,376 $97,799

2023 Average Household Income $111,012 $120,206 $112,961

2018 Median Household Income $76,055 $89,674 $80,974

2023 Median Household Income $89,507 $100,822 $90,763

2018 Per Capita Income $36,141 $36,645 $35,506

2023 Per Capita Income $41,205 $41,848 $40,900

2018 Housing Units 1 ,208 7 ,326 22 ,091

2018 Vacant Housing Units 7 0.6% 71 1.0% 684 3.1%

2018 Occupied Housing Units 1,201 99.4% 7,255 99.0% 21,407 96.9%

2018 Owner Occupied Housing Units 886 73.3% 6,331 86.4% 16,663 75.4%

2018 Renter Occupied Housing Units 315 26.1% 924 12.6% 4,744 21.5%

2018 Population 25 and Over 2 ,170 13 ,949 39 ,611

HS and Associates Degrees 1,393 64.2% 9,053 64.9% 25,891 65.4%

Bachelor's Degree or Higher 668 30.8% 4,385 31.4% 11,607 29.3%

2018 Businesses 99 559 1,875

2018 Employees 1,223 7,465 27,250

©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:415103

POPULAT ION

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING UN ITS

EDUCAT ION

PLACE OF WORK

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but hasnotbeenverifiedforaccuracyorcompleteness.Youshouldconductacareful,independentinvestigationofthe 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 ME

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


