$925,000

7XX Rum River Dr Princeton, MN 55371

Land

Property details

About 7XX Rum River Dr

An exceptional 5-acre plot in a prime Princeton location is now available! 3 PIDs make up this parcel located in both R3 and B2 zoning districts, and adjacent to B3, offers opportunities to tailor to your use and vision. Property is accessible on both Rum River Drive S and 7th Avenue S, located just a block away from Princeton High School and surrounded by thriving businesses like Kwik Trip, Coborns, AmericInn, McDonalds, Caribou Coffee, M Health Fairview Medical Center, offering a premium location ensuring visibility and accessibility. Listed PID is zoned R3 and sale includes 2 additional PIDs zoned B2 (church building). Asking price is $4.58/sf (including buildings), therefore a very affordable opportunity for redevelopment or repurposing for your specific plans and endeavors.

Highlights

Home typeOther
StatusActive
MLS #6550166

Summary

  • MLS Number: 6550166
  • MLS Name: NORTHSTAR
  • Office Name: Century 21 Moline Realty Inc

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$925,000

7XX Rum River Dr

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Price information

Property sales

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Nearby schools

5

Princeton North Elementary

Public District 3-5

2.2 mi

1202 7th Ave N

7

Westwood Elementary School

Public District 3-5

7.8 mi

13651 4th Ave S

6

Milaca Elementary School

Public District PK-6

14.1 mi

500 Highway 23 W

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,483. Residents of Princeton, MN typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
56%
35k-100k
27%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7XX Rum River Dr

This home is located at 7XX Rum River Dr in Princeton, MN and zip code 55371. Features: 0 bathroom. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $925,000.

While more than 4 listings in Princeton, MN in February 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 3 were sold below. The number of listings in Princeton, MN increased by 3.6% between January and February 2025. The median list price of listings available in February 2025 was $345,000, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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