FUTURE COMMERCIAL LAND ±3.69 ACRES WILLOW DR & WAYZATA BLVD Orono, MN 55356

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1 -$1,100, TH AVE N N BROWN RD WILLOW DR N PID: LONG LAKE WAYZATA COUNTRY CLUB WOODHILL COUNTRY CLUB CONTACT US BRIAN PANKRATZ First Vice President w w w.c b r e.us/minn e ap olis RICHARD PALMITER Vice President

2 PROPERTY HIGHLIGHTS + + PID: Zoning: B-6 PUD - Highway Commercial + + Immediate access to Willow Dr and Wayzata Blvd + + Easy access to Hwy Orono has a good reputation as a stable community, with nearby shopping and access to many major roadways via Highway 15 and Highway The subject is located in an area of retail and commercial properties, as well as single family residential and condominiums. The subject has visibility to Wayzata Boulevard West. The subject is located in close proximity to Highway 12 which provides access to major roadways traversing the Metro Area. KELLEY PKWY SITE WILLOW DR N TRAFFIC COUNTS Hwy 12 23,100 VPD Wayzata Blvd 7,900 VPD Willow Dr 4,400 VPD

3 WETLANDS MAP w w w.c b r e.us/minn e ap olis

4 PROPERTY TAXES

5 ZONING MAP SITE ZONING CODE SEC PURPOSE. The purpose of the B-6 highway commercial district is to provide a commercial district specifically tailored to accomplish the commercial development objectives of the Highway 12 Corridor study section of the comprehensive plan. SEC PERMITTED USES. Within any B-6 highway business district, no structure or land shall be used except for one of the following uses or uses deemed similar by the council: 1. Offices (business and professional). 2. Banks and financial institutions. 3. Libraries. 4. Motels, and hotels.

6 FUTURE LAND USE MAP SITE

7 DEMOGRAPHICS 2018 population 8, housing units 3, Average Household Income $197, employees 2018 businesses 3,

8 DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES 2018 Population - Current Year Estimate 2,646 8,643 46, Population - Five Year Projection 2,788 9,160 49, Population - Census 2,241 7,785 42, Population - Census 2,284 7,867 43, Annual Population Growth Rate 2.03% 1.28% 1.18% Annual Population Growth Rate 1.05% 1.17% 1.04% HOUSEHOLDS 2018 Households - Current Year Estimate 1,032 3,180 18, Households - Five Year Projection 1,084 3,354 19, Households - Census 891 2,905 16, Households - Census 885 2,825 16, Annual Household Growth Rate 1.80% 1.10% 1.05% Annual Household Growth Rate 0.99% 1.07% 0.96% 2018 Average Household Size HOUSEHOLD INCOME 2018 Average Household Income $178,268 $197,638 $156, Average Household Income $196,246 $214,694 $175, Median Household Income $117,570 $135,273 $109, Median Household Income $128,460 $144,018 $119, Per Capita Income $68,518 $73,427 $61, Per Capita Income $75,077 $79,400 $68,691 HOUSING UNITS 2018 Housing Units 1, 140 3, , Vacant Housing Units % % 1, % 2018 Occupied Housing Units 1, % 3, % 18, % 2018 Owner Occupied Housing Units % 2, % 14, % 2018 Renter Occupied Housing Units % % 3, % EDUCATION 2018 Population 25 and Over 1, 829 6, ,329 HS and Associates Degrees % 2, % 13, % Bachelor's Degree or Higher % 3, % 19, % PLACE OF WORK 2018 Businesses , Employees 1,965 3,282 30,206 CONTACT US BRIAN PANKRATZ First Vice President RICHARD PALMITER Vice President CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

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