6 months on rocket

709 Norman Ave N, Foley, MN, 56329

$3,100,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6529157
StatusActive

About 709 Norman Ave N

Introducing three prime parcels of land totaling 130.78 acres. Nestled adjacent to a thriving housing development and near Foley Public Schools, these parcels present an exceptional opportunity for both residential and commercial ventures. The City of Foley has already granted zoning approvals for various residential options including single-family homes, twin homes, condos and high density multi-apartment buildings, as well as commercial development. Conveniently situated within Foley's city limits, the 80-acre tract enjoys frontage along State Highway 25 north and Norman Avenue, the latter being home to Foley's Public Schools. With sewer and utilities already in place along Norman Avenue, facilitated by the city's proactive planning and zoning initiatives, development prospects are primed for success. Located just 15 miles NE of Saint Cloud, Foley serves as the vibrant county seat of Benton County positioning these parcels at the nexus of growth and opportunity.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty

Lot Features

Lot Information:

  • Lot: Some Trees

Other

Directions Information:

  • Directions: Driving from Saint Cloud, Mn, take MN-23E to Foley (13.1 mi), then turn left on Norman Ave N (0.3mi) and stay on Norman Ave N (500ft) destination on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,100,000
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Housing Market Comparison

See how this home compares to others in Foley, MN.

Med. Sold Price

$299.2K

Med. Price/SqFt

$174

Avg. Days On Market

13

# of Sold Homes

6

709 Norman Ave N vs Foley

199 DAYS ON ROCKET

+186 Days

$3,100,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Foley, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6529157

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$15.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,360

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-697227
9
/10
  • Foley Elementary School

  • 743 Penn St

  • 0.41 miles

  • Public District Grades PK-3

school-card-donut-697228
5
/10
  • Mississippi Heights Elementary School

  • 1003 4th St S

  • 12.63 miles

  • Public District Grades KG-5

school-card-donut-697229
7
/10
  • Pleasantview Elementary School

  • 1009 6th Ave N

  • 13.23 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,019. Typical income of Foley, MN residents is between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 709 Norman Ave N

What is the listing price of this property?

The listing price of 709 Norman Ave N property is $3,100,000.

What type of property is this?

The property 709 Norman Ave N is land located in Foley, Minnesota, 56329.

Is this property for sale now?

Active Listing: 709 Norman Ave N is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaBenton CountyFoley56329709 Norman Ave N

This home is located at 709 Norman Ave N in Foley, MN and zip code 56329. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $3,100,000.

Foley, MN housing market in October 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. Between September 2024 and October 2024, Foley, MN real estate market has seen decrease in the number of listings by 4.3%. In October 2024, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $299,250.

From Rocket Homes Real Estate and based on county public records data.

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