Listing Agency: Acuity Group Show Phone

Listed By: Dustin Heggem · License #40416985 Show Phone

Source: Moodyscre

Added: Aug 22, 2024 Changed: Oct 26 Last Checked: Oct 28 at 9:50AM

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Investment Insights

Based on property information with market context.

This property features 10 acres of shovel-ready, I-1 zoned land with 578 feet of frontage on Interstate 94. Infrastructure is in place to support development. A site plan for a trucking company headquarters has been approved by the city of Albertville. A wetland mitigation plan has been approved, and credits have been purchased. The property is directly located on the BNSF Railway. The seller is removing trees along I-94 to improve site lines to the freeway. Outdoor storage is permitted.

Key Highlights

• 10 Acres of I‑1 Zoned Land with Interstate 94 Frontage
• Site Plan Approved for Trucking Company Headquarters
• Direct Access to BNSF Railway

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

89

Businesses Nearby

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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - 10 acres of I-94 frontage land, ready for development.

Where is this industrial land located?

The property is located at 6593 Kadler Ave NE Albertville, MN.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 10 Acres of I‑1 Zoned Land with Interstate 94 Frontage; Site Plan Approved for Trucking Company Headquarters; Direct Access to BNSF Railway