Listing Agency: Atlas Commercial Real Estate LLC

Listed By: Jennifer Pelant · License #MN 20468894 Show Phone

Source: Crexi

Added: Apr 10 Changed: Aug 26 Last Checked: Sep 7 at 3:10AM

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Investment Insights

Based on property information with market context.

The offering is commercial land with retail designated as the asset type, presented for sale. The property is marketed as retail, indicating a development or reuse opportunity aligned with retail use.

The site is located on Victor Hugo Boulevard in Hugo, Minnesota. The listing provides street-level context but does not include additional parcel details such as dimensions, frontage, utilities, or existing improvements.

For buyers and brokers underwriting development feasibility, additional due diligence on zoning, site conditions, and utility access will be necessary, as those specifics are not provided in the public remarks.

Key Highlights

• Commercial land offered for sale in Hugo, Minnesota
• Frontage on Victor Hugo Boulevard
• Zoned for retail development

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Grocery & Convenience Store Bakery Auto Repair Shop

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

263

Businesses Nearby

72k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 54% Shops & Services 44% Electronics 1% Beauty & Spa 1%

Kwik Trip Shops & Services

31,158 visits/mo 0.2 miles

McDonald's Dining

24,650 visits/mo 0.5 miles

Dunkin' Donuts Dining

5,731 visits/mo 0.4 miles

Jersey Mike's Subs Dining

4,345 visits/mo 0.4 miles

Dunn Bros Coffee Dining

3,220 visits/mo 0.1 miles

Demographics for 55038, MN

23,735

Population

9,355

Households

2.5

Avg Household Size

39

Median Age

49%

College-Educated

98%

High-School Grad

50.5 sq mi

ZIP Area

470

Density / Sq Mi

$127,194

Median Household Income

$67,946

Median Earnings

$1,844

Median Rent

$408,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial land offered for sale on Victor Hugo Boulevard in Hugo, Minnesota, suitable for retail development.

Where is this retail space located?

The property is located at 14775 Victor Hugo Blvd Hugo, MN.

What are key features of this property?

This property features: Commercial land offered for sale in Hugo, Minnesota; Frontage on Victor Hugo Boulevard; Zoned for retail development