1112 River Rd NE Hanover, MN 55376
Property details
About 1112 River Rd NE
46+/- investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property with multi-family / residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town’s already sought after appeal. You can find everything at your fingertips but still maintaining that small town feel. If you are looking for an investment opportunity this is it. These types of acreage do not come along often and anyone would be lucky to acquire. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford and Buffalo. As already stated this is an upcoming area as the cities grow out. This piece of land has tremendous potential. Buyer need to verify all remarks.
Highlights
Summary
- List Price: $1,999,999
- HOA Amount: $0
- Annual Tax Amount: $7,082
- Tax Year: 2024
- Directions: Off of 94, access Labeaux Ave. NE and head south 5 miles, turn east on 15th St. NE, turn back south on River Rd. NE, property is on west side of road in .4 miles
- MLS Number: 6706518
- MLS Name: NORTHSTAR
- Office Name: Midwest Land Group LLC
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$1,999,999
1112 River Rd NE
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,159,600 | $7,082 |
| 2023 | $804,000 | $7,346 |
History based on county public records data.
Nearby schools
8
Hanover Elementary School
Public District KG-5
1.0 mi
•274 Labeaux Ave
8
St. Michael Elementary School
Public District 1-4
2.9 mi
•101 Central Ave W
9
Big Woods Elementary School
Public District 1-4
4.2 mi
•13470 Frankfort Pkwy NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $97,051. The majority of Hanover, MN residents have income between $35k-100k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
NASCAR
PGA/LPGA
Where do the neighbors shop?
Old Navy
Dick's Sporting Goods
Stein Mart
Where do the neighbors go to eat?
Jimmy Johns
Arbys
Cracker Barrel
What do the neighbors drive?
GMC
Lexus
Ram
What do the neighbors listen to?
New Country
Adult Hits
Oldies
Frequently asked questions
About 1112 River Rd NE
The listing price of 1112 River Rd NE property is $1,999,999.
The property 1112 River Rd NE is land located in Hanover, Minnesota, 55376.
Active Listing: 1112 River Rd NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1112 River Rd NE are: Hanover Elementary School (GreatSchools Rating 8/10), St. Michael Elementary School (GreatSchools Rating 8/10), Big Woods Elementary School (GreatSchools Rating 9/10), St. Michael-Albertville Middle School West (GreatSchools Rating 8/10), St. Michael-Albertville Middle School East (GreatSchools Rating 7/10), Rogers Middle School (GreatSchools Rating 8/10), Knights Academy (GreatSchools Rating 2/10), St. Michael-Albertville High School (GreatSchools Rating 9/10), Lakeside Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $7,082 (source: MLS/based on county public records data).
This home is located at 1112 River Rd NE in Hanover, MN and zip code 55341. Features: 0 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $1,999,999.
Hanover, MN housing market in April 2025 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 1 sold below. The number of homes for sale in Hanover, MN increased by 6.4% between March and April 2025. In April 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $460,000.