5020 Jason Ave Ne, Albertville, MN 55301

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
5020 Jason Ave Ne,Albertville, MN 55301
$695,000
  • 5 Beds
  • 3 Baths
  • 2,370 sq. ft.
  • Single family
  • Active
Listed by: tami biegert
Office: lpt realty, llc.
MLS#:7013267
Source:ND_FMAAR

Price summary

  • Price:$695,000
  • Price per sq. ft.:$293.25

About this home

GREAT INVESTMENT OPPORTUNITY in a PRIME LOCATION offering MULTIPLE DEVELOPMENT OPTIONS. Price reflects the development value of the property. The home is currently rented for $3000.00 per month. Potential options include retaining full parcel for investment and future development, split the home from approximately .74 acres to create a commercial lot, or subdivide to create an additional residential lot. (See concept) Seller currently has an application submitted with the City proposing the following split: the existing home on approximately .44 acres, and the north half as an approximately .74-acre commercial lot (see attached City recommendation and concept's). The proposed .74-acre commercial lot has potential for a 5,000 sq ft building with approximately 26 parking spaces (see attached documentation). All subdivision and development subject to City approval. PID #101-118-000010 is included in the sale.

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Home facts

  • Year built:1994
  • Listing ID #:7013267
  • Added:3 day(s) ago
  • Updated:January 30, 2026 at 12:55 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:2,370 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1994
  • Building area:2,370 sq. ft.
  • Lot area:1.18 Acres

Utilities

  • Water:4-Inch Submersible
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$293.25
  • Tax amount:$4,652

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