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MLS # 20-28580 - $879,900

Tbd County Hwy 31 - Pelican Rapids, MN 56572 - Franklin Lake

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Property Description

$879,900  |  MLS # 20-28580  |  Tbd County Hwy 31 - Pelican Rapids, MN 56572

CALLING ALL INVESTORS/DEVELOPERS! HERE IS A CHANCE TO PURCHASE A GORGEOUS PIECE OF PROPERTY ON A COVETED LAKE AN HOUR OUT OF FARGO. FRANKLIN LAKE IS A PRISTINE FISHING AND RECREATION LAKE. WE ALL KNOW HOW HARD IT IS TO FIND AFFORDABLE LAKE SHORE THIS CLOSE TO FARGO ANYMORE. WELL THIS PROPERTY IS PRICED $300,000 BELOW TAX ASSESSED VALUE. THERE ARE ROUGHLY 40 WETLAND BANKING CREDITS AVAILABLE IN OTTERTAIL COUNTY. YOU CAN TURN THIS PROPERTY INTO THE HOTTEST DEVELOPMENT IN THE AREA. PERHAPS YOU CAN SPLIT IT A COUPLE MORE TIMES AND HAVE LAKE SHORE LOTS, BACK LOTS, IN BETWEEN LOTS, STORAGE LOTS, AND ANYTHING ELSE YOU CAN DREAM UP. THE ACCESS IS LITERALLY ONLY YARDS AWAY. VIEWS FROM EVERY INCH OF THE PROPERTY. ACCESS EVERYWHERE! THIS PROPERTY IS RIPE FOR THE PICKING. DON'T MISS

Property Details

$879,900  |  MLS # 20-28580  |  Tbd County Hwy 31 - Pelican Rapids, MN 56572

Class: Land
Lot Acres: 50.00
Lot Size: 1200 x 1800
Body of Water Name: - Franklin Lake
Courtesy Listing: Jack Chivers Realty


Additional Details

County Name: Otter Tail
School District: Pelican Rapids #548
Tax Year: 2020
Taxes: $7,494
On-Site Utilities: none

Approximate Location

$879,900  |  MLS # 20-28580  |  Tbd County Hwy 31 - Pelican Rapids, MN 56572

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$879,900  |  MLS # 20-28580  | 

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