| Date | December 7, 2026, 10:00 am (America/Chicago) |
|---|---|
| Tracts | 1 of 4 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | American Legion, 900 1st St E, Park Rapids, MN 56470 |
Tract 1 of 4
Description
Tract 1 Description:
Tract 1 offers 5± acres of residential ground within the city limits of Park Rapids, on the south end of town. Zoned R-2 Single and Two-Family Residential, the site gives a builder options: single-family homes, duplexes, or a mix, subject to the city's lot requirements and approvals.
The ground is mainly flat, so it takes less site work to get started, and it is easier to lay out lots, driveways, and building pads. That keeps more of the budget in the build rather than in dirt work.
At 5± acres, this tract is a manageable size for a local builder or a small residential project, without taking on a large development. Buyers who want more room can also look at the three neighboring tracts, which bring the total offering to 50.6± acres of residential and industrial ground.
Bullet Points
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5± acres, south end of Park Rapids city limits
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Zoned R-2 Single and Two-Family Residential
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Manageable size for a builder or small residential project
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Three additional tracts available, 50.6± acres total
Terms of Sale
BUYERS PREMIUM: No buyer’s premium or internet fees
TAXES: Prorated to date of close
TENANCY: Open tenancy for 2027
RENTS: Seller shall retain 2026 rents
MINERALS: State most likely owns
CLOSING COSTS: Buyer pays title search and title insurance. Closing costs split
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: Seller to pay for survey
SELLER: McGrane
SALE ORDER: By the acre
SALE METHOD: Sells Subject to seller acceptance
Licensing
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (40316821)
Jeff Evans, Minnesota Broker, License # 40316820
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Jason Ziegler, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 701.367.2376
Nate Anderson, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 701.412.3526
