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    16850 Territorial Rd Maple Grove, MN 55369

    For Sale
    $3,800,000

    Land guided for mixed-use development with high-density potential.

    Lot size:
    24.07 Acres

    Property Features for 16850 Territorial Rd

    General Information

    Lot size
    24.07 Acres

    Source: CBRE - Minnesota Agent Brian Pankratz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Suitable for Mixed-Use Development

    This land is guided for mixed-use development, supporting high-density housing, medical offices, retail spaces, and townhomes. It is located in the Osseo Area ISD 279. The property offers immediate access to the Dayton Parkway/I-94 Interchange, which is now open. Situated in a growing corridor, the land provides visibility to Highway 81 and is in close proximity to both I-94 and Highway 610. It is also near the Maple Grove Parkway retail and medical corridor and close to Elm Creek Park Reserve. Sewer is available on the property, and water is located at the property line. Major employment centers are nearby, including FedEx, Clam, Maple Grove Hospital, and Boston Scientific. Additional land is available. Over 3 million square feet of new industrial space is either under construction or planned within a 2-mile radius. There are also over 1,000 new for-sale housing units within 2 miles. Due diligence materials are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Clothing Store Auto Repair Shop Auto Parts Store Gym & Fitness Department Store Kitchen & Bath Women's Store Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maple Grove
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4963
    Latitude
    45.157795

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    FAQs

    What type of property is this?
    Land - Land guided for mixed-use development with high-density potential.
    Where is this land located?
    The property is located at 16850 Territorial Rd Maple Grove, MN.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Guided for Mixed-Use: Supports high-density housing, medical office, retail, and townhomes.; - Immediate access to Dayton Parkway/I-94 Interchange.; - Growing corridor with visibility to Hwy 81.
    (952) 924-4665
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    16850 Territorial Rd Maple Grove, MN 55369
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    Maple Grove, MN 55369
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16850 Territorial Rd Maple Grove, MN 55369
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