-$1,100,000 24 6TH AVE N N BROWN RD WILLOW DR N PID: 33-118-23-11-0060 LONG LAKE WAYZATA COUNTRY CLUB WOODHILL COUNTRY CLUB CONTACT US BRIAN PANKRATZ First Vice President +1 952 924 4665 brian.pankratz@cbre.com w w w.c b r e.us/minn e ap olis RICHARD PALMITER Vice President +1 952 924 4603 richard.palmiter@cbre.com
PROPERTY HIGHLIGHTS + + PID: 33-118-23-11-0060 + + Zoning: B-6 PUD - Highway Commercial + + Immediate access to Willow Dr and Wayzata Blvd + + Easy access to Hwy 12 + + Orono has a good reputation as a stable community, with nearby shopping and access to many major roadways via Highway 15 and Highway 12. + + 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
WETLANDS MAP w w w.c b r e.us/minn e ap olis
PROPERTY TAXES
ZONING MAP SITE ZONING CODE SEC. 78-791. - 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. 78-793. - 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.
FUTURE LAND USE MAP SITE
DEMOGRAPHICS 2018 population 8,643 2018 housing units 3,543 2018 Average Household Income $197,638 2018 employees 2018 businesses 3,282 356
DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES 2018 Population - Current Year Estimate 2,646 8,643 46,574 2023 Population - Five Year Projection 2,788 9,160 49,051 2010 Population - Census 2,241 7,785 42,295 2000 Population - Census 2,284 7,867 43,569 2010-2018 Annual Population Growth Rate 2.03% 1.28% 1.18% 2018-2023 Annual Population Growth Rate 1.05% 1.17% 1.04% HOUSEHOLDS 2018 Households - Current Year Estimate 1,032 3,180 18,358 2023 Households - Five Year Projection 1,084 3,354 19,257 2010 Households - Census 891 2,905 16,842 2000 Households - Census 885 2,825 16,322 2010-2018 Annual Household Growth Rate 1.80% 1.10% 1.05% 2018-2023 Annual Household Growth Rate 0.99% 1.07% 0.96% 2018 Average Household Size 2.54 2.71 2.50 HOUSEHOLD INCOME 2018 Average Household Income $178,268 $197,638 $156,607 2023 Average Household Income $196,246 $214,694 $175,188 2018 Median Household Income $117,570 $135,273 $109,126 2023 Median Household Income $128,460 $144,018 $119,244 2018 Per Capita Income $68,518 $73,427 $61,681 2023 Per Capita Income $75,077 $79,400 $68,691 HOUSING UNITS 2018 Housing Units 1, 140 3, 543 19,898 2018 Vacant Housing Units 108 9.5% 363 10.2% 1,540 7.7% 2018 Occupied Housing Units 1,032 90.5% 3,180 89.8% 18,358 92.3% 2018 Owner Occupied Housing Units 812 71.2% 2,716 76.7% 14,701 73.9% 2018 Renter Occupied Housing Units 220 19.3% 464 13.1% 3,657 18.4% EDUCATION 2018 Population 25 and Over 1, 829 6, 028 33,329 HS and Associates Degrees 789 43.1% 2,296 38.1% 13,116 39.4% Bachelor's Degree or Higher 995 54.4% 3,618 60.0% 19,524 58.6% PLACE OF WORK 2018 Businesses 236 356 1,892 2018 Employees 1,965 3,282 30,206 CONTACT US BRIAN PANKRATZ First Vice President +1 952 924 4665 brian.pankratz@cbre.com RICHARD PALMITER Vice President +1 952 924 4603 richard.palmiter@cbre.com 2018 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.