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PRICE REDUCED! Gravel Pit & Acreage

Listed by Nate Grotzke

PRICE REDUCED: Development Land: Bollenbacher Road

Property Description: PRICE REDUCED TO $299,000 FROM $438,000! Rare opportunity to own approximately 40 acres of wooded land near Borden Lake and Mille Lacs Lake in Garrison, Mn. Get a great return on your investment with a 10 acre operational gravel pit, with only the first 5 acres being worked so far. Ideal opportunity for construction companies, gravel companies, paving outfits, etc. to expand their operations to this prime location.

Listing Details

mls: 4199946
CC File #: 765
Address: Bollenbacher Road
City: Garrison
State: MN
Zip: 56450
Zoning: Greenspace
PID#: 660102300000009
Legal Description: SW 1/4 of NW 1/4 Section 10, Township 44, Range 28
Lot Size : Acres: 39.85
Lot Size : Sq.Ft.: 1,735,866
Lot Dimensions: 1,320.98’ x 1,324.42’ x 1,320.49’ x 1,322.53’
Sale Price: $299,000.00

Directions: From Brainerd - East on Hwy 18 - Right (south) on Hwy 10 - Right (west) on Emstad Rd SE - Left (south) on Bollenbacher Road SE - Property is on the left at the green gates to the Gravel Pit

Property Features

Water: None
Sewer: None
Traffic Counts: 6,700 - 7,300 on Hwy 18
Other: Approx. 10 Acres is a gravel pit. The Gravel Pit is a grandfathered, permitted, operating pit, gated, fenced, bonded & insured. There is a G3 permit for a crushing & screening operation (presently not approved for a wash plant). Note: Agent has detailed specs on what has been dug out, and the future depth of material that could be removed. Approx. 10,000 yards of Class 5 Gravel made to meet state specs is included in purchase price. Over the first 5 acre cell, the stumps are removed and black dirt is set aside for future use. The second 5 acre cell has been logged, stumps and smaller trees need to be removed and top-soil set aside.
Property Tax Year: 2014
Annual Property Tax: $573.28
Utilities Available: Power is at the road
Road Frontage: 1,320.98’ on Bollenbacher Road
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.