Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $5,594 (2026).

What school district is this property in?

This property is in the 659 - Northfield school district.

How long has this property been on the market?

This property has been listed for 0 days.

No photos available

Listed at

$709,592

Reese Real Estate Subdivision

550 Schilling Drive N, Dundas, MN, 55019

1.81 Acres

Days on market0

TypeLand

Est. $18,288buyer credit when you buy with SODL

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About this home

LAST REMAINING DEVELOPMENT LOT in this growing Schilling Drive commercial corridor! Prime 1.81-acre commercial development opportunity serving the Northfield/Dundas market. The surrounding area has experienced significant recent investment, with new adjacent developments including Tractor Supply, Les Schwab Tires and Chipotle, complementing established nearby retailers and businesses including Menards and Slumberland. Strategically positioned near Highway 3 with convenient access to the greater Northfield/Dundas trade area, this site offers an excellent opportunity for retail, restaurant, service commercial, owner-user or investment development. Capitalize on the momentum of a rapidly developing commercial corridor and secure the last remaining development parcel in this immediate area. Buyer and buyer’s agent to independently verify zoning, utilities, access, signage, development requirements and suitability of proposed use with the City of Dundas.

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Home facts

Property typeLand

Lot size1.81 acres (226x350)

Days on market0

ListedOct 1, 2026

MLS #NST7153394

CountyRice

SubdivisionReese Real Estate Subdivision

Parcel #1711377002

Facts & features

Interior

Bathrooms: 0

Property

Lot size: 1.81 acres
Lot dimensions: 226x350
Lot features: Corner Lot
Road frontage: City Street, Highway
Road responsibility: Public Maintained Road
Parcel #: 1711377002

Construction

Property type: Land

Utilities

Utilities: Broadband Available, Cable Available, Electricity Available, Natural Gas Available, None Connected

Community & HOA

Subdivision: Reese Real Estate Subdivision
HOA: No HOA
School district: 659 - Northfield
High school district: Northfield

Financial & listing details

Annual tax: $5,594 (2026)
Listed: Oct 1, 2026
Days on market: 0
Inclusions: Easements,Survey

Interior details

Total bathrooms0

Exterior & lot

Lot featuresCorner Lot

Road frontageCity Street, Highway

Road responsibilityPublic Maintained Road

ZoningBusiness/Commercial

Utilities

Parking & garage

Financial details

Annual taxes$5,594

Tax year2026

Taxes w/ assessments5594

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District659 - Northfield

District number659

District phone5076630629

High schoolNorthfield

SODL flat fee brokerage

$18,288Estimated buyer credit

SODL platform fee $3,000Your buyer credit $18,288

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,432/mo

Principal & interest$3,729

Property taxes$466

Home insurance (est.)$237

Down payment

$141,918

0%50%

Credit score

Loan term

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.