Listing Agency: Andrew Yaggie Real Estate Show Phone

Listed By: Andrew Yaggie Show Phone

Source: Homecrownrealty

Added: Jan 5, 2024 Changed: Oct 26 Last Checked: Oct 29 at 10:39PM

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Investment Insights

Based on property information with market context.

This 0.71-acre commercial land parcel is undeveloped and zoned Business/Commercial. Its location along Highway 59, also identified as Broadway, places it within Pelican Rapids’ central business district.

The site has an estimated average daily traffic count of 6,091 vehicles, according to MNDOT.

Key Highlights

• 0.71‑acre undeveloped commercial parcel
• Business/Commercial zoning
• Along Highway 59 / Broadway in Pelican Rapids’ central business district

Property Analytics

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Storage Facility Furniture & Home Goods 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

268

Businesses Nearby

Explore this area Business Placement

Demographics for 56572, MN

5,747

Population

4,191

Households

1.4

Avg Household Size

46

Median Age

29%

College-Educated

89%

High-School Grad

171.4 sq mi

ZIP Area

34

Density / Sq Mi

$83,631

Median Household Income

$47,311

Median Earnings

$412

Median Rent

$291,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - The undeveloped parcel carries Business/Commercial zoning in the central business district.

Where is this commercial land located?

The property is located at 10XX S Broadway Pelican Rapids, MN.

What is the asking price?

The asking price for this property is $65,000.

What are key features of this property?

This property features: 0.71‑acre undeveloped commercial parcel; Business/Commercial zoning; Along Highway 59 / Broadway in Pelican Rapids’ central business district