5020 Jason Ave NE, Albertville, MN, 55301
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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
Facts & features
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Bath breakdown
- 1 full / 1 3/4 / 1 half
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Block · 672 sqft finished
Property
- Levels / stories
- Four or More Level Split
- Garage
- 2 spaces · 738 sqft
- Parking features
- Attached Garage, Gravel, Concrete, Garage Door Opener, Insulated Garage
- Lot size
- 1.18 acres
- Lot dimensions
- 199x284x163x414
- Accessibility
- None
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Foundation
- 1,698 sqft
- Year built
- 1994
Utilities
- Water
- 4-Inch Submersible
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Prairie Run
- HOA
- No HOA
- School district
- St. Michael-Albertville
Financial & listing details
- Annual tax
- $4,652 (2025)
- Listed
- Jan 27, 2026
- Days on market
- 290
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
5020 Jason Ave NE, Albertville, MN, 55301
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Listing information
Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
