An exceptional 5-acre plot in a prime Princeton location is now available! 3 PIDs make up this parcel located in both R3 and B2 zoning districts, and adjacent to B3, offers opportunities to tailor to your use and vision. Property is accessible on both Rum River Drive S and 7th Avenue S, located just a block away from Princeton High School and surrounded by thriving businesses like Kwik Trip, Coborns, AmericInn, McDonalds, Caribou Coffee, M Health Fairview Medical Center, offering a premium location ensuring visibility and accessibility. Listed PID is zoned R3 and sale includes 2 additional PIDs zoned B2 (church building). Asking price is $4.58/sf (including buildings), therefore a very affordable opportunity for redevelopment or repurposing for your specific plans and endeavors.
Property Details
Property Features
Listing Office:
Office Name: Century 21 Moline Realty Inc
Other
Directions Information:
Directions: From Hwy 169,take Rum River Drive exit; north on Rum River Drive to property on Left, just pass the McDonalds/Coborns stoplight. (Can access from Rum River Drive or 7th Ave via Smith System Road). From Hwy 95; South on Rum River Drive to property on Right.
Price Information
Listing Price Info
Price Summary:
List Price: $925,000
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Housing Market Comparison
See how this home compares to others in Princeton, MN.
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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.
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Nearby Schools
5
/10
Princeton North Elementary
1202 7th Ave N
Distance between this listing and this school2.25 miles
Public District Grades 3-5
7
/10
Westwood Elementary School
13651 4th Ave S
Distance between this listing and this school7.85 miles
Public District Grades 3-5
6
/10
Milaca Elementary School
500 Highway 23 W
Distance between this listing and this school14.08 miles
Public District Grades PK-6
Nearby Schools
6
/10
Princeton Middle School
1100 4th Ave N
Distance between this listing and this school2.24 miles
Public District Grades 6-8
6
/10
Zimmerman Middle School
25900 4th St W
Distance between this listing and this school7.91 miles
Public District Grades 6-8
2
/10
St. Francis Middle School
23026 Ambassador Blvd NW
Distance between this listing and this school15.86 miles
Public District Grades 6-8
Nearby Schools
4
/10
Princeton Online Mn
807 8th Ave S
Distance between this listing and this school0.53 miles
Public District Grades 9-12
5
/10
Princeton High School
807 8th Ave S
Distance between this listing and this school0.53 miles
Public District Grades 9-12
4
/10
Princeton Area Learning Center
1506 1st St
Distance between this listing and this school1.24 miles
The neighbors living near this home have an average income of $84,483. The majority of Princeton, MN residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7XX Rum River Dr
What is the listing price of this property?
The listing price of 7XX Rum River Dr property is $925,000.
What type of property is this?
The property 7XX Rum River Dr is land located in Princeton, Minnesota, 55371.
Is this property for sale now?
Sale Pending: 7XX Rum River Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
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This home is located at 7XX Rum River Dr in Princeton, MN and zip code 55371. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $925,000.
Princeton, MN housing market in November 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 6 sold below. The inventory of homes for sale in Princeton, MN between October 2024 and November 2024 decreased by 14.1%. In November 2024, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $345,000.
From Rocket Homes Real Estate and based on county public records data.
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