5700 W 78th St, Bloomington, MN

Listing office Transwestern Show Phone

Listing date May 15, 2023

Source Moodyscre

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Overview

This development site is located just northwest of the 494/Highway 100 intersection. The zoning permits a range of developments, including multi-family, retail, and medical office. The property currently generates income, and the cancellation provision allows a developer to secure entitlements and terminate the tenant immediately, if desired. Concept drawings are available upon request. The owner is open to selling the land outright, partnering on a joint venture with the land contributed to the project, or subordinating the land for a development, providing part of the developer’s financing.

Suggested Use

Auto Repair Shop Furniture & Home Goods Car Rental Facility Discount Store Clothing & Fashion Store Bakery (Bike/Boat/Book/etc) Store Pharmacy Veterinary Clinic Barber Shop

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

Location Insight

• Map
• Local Demand

City

Bloomington

County

Hennepin

State

Minnesota

Longitude

-93.3557

Latitude

44.8617

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FAQs

What type of property is this?

Land - Development site near 494/Highway 100 intersection with income generation.

Where is this land located?

The property is located at 5700 W 78th St Bloomington, MN.

What is the asking price?

The asking price for this property is $2,900,000.

What are key features of this property?

This property features: Prime development site near the 494/HWY 100 intersection.; Flexible zoning permits multi‑family, retail, medical office, and other developments.; Generates current income with immediate tenant termination option for development.