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Commercial-Retail Land
For Sale
$76,000
Pending

516 Industrial Boulevard, Watertown, MN 55388

Commercial-retail zoning with paved-road access and municipal utilities available.

Property Size33,105 SF
Days on Market2359

Property Features for 516 Industrial Boulevard

General Information

Standard status Pending
Size 33,105 SF
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $1,524
Listing Agency: Edina Realty, Inc.
Listed By: Butcher Real Estate Team
Source: Exitrealty
Added: May 3, 2020 Changed: Oct 4 Last Checked: Oct 12 at 6:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

Lot 7 comprises 0.76 acres, or 33,105 square feet, of commercial land designated Commercial-Retail. The site is suited to a buyer planning a new commercial improvement, with the option to use an independent builder or pursue construction through the seller.

Infrastructure serving the property includes paved roads, city sewer and water, electric, gas, telephone, and storm sewer. The parcel is positioned off Hwy 25 just south of Watertown, with access to Hwy 7 and Hwy 12.

Key Highlights

  • 0.76‑acre commercial land parcel totaling 33,105 square feet
  • Commercial‑Retail zoning
  • Paved‑road access

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Electrical Service Auto Repair Shop Carpet & Flooring Store Building Supply Storage Facility

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

9
Businesses Nearby

Demographics for 55388, MN

5,984
Population
2,386
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
96%
High-School Grad
37.6 sq mi
ZIP Area
159
Density / Sq Mi
$92,273
Median Household Income
$48,955
Median Earnings
$998
Median Rent
$333,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial-retail zoning with paved-road access and municipal utilities available.
Where is this commercial land located?
The property is located at 516 Industrial Boulevard Watertown, MN.
What is the asking price?
The asking price for this property is $76,000.
What are key features of this property?
This property features: 0.76‑acre commercial land parcel totaling 33,105 square feet; Commercial‑Retail zoning; Paved‑road access
More about this property
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