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    169 And Mn Hwy 282 Jordan, MN 55352

    Sponsored
    For Sale
    Contact for pricing

    62 Acres, Highway 169 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 62-acre property, located at the intersection of US Highway 169 and MN Highway 282 in Jordan, Minnesota (zip code 55352), presents a unique commercial and/or agricultural investment opportunity. Zoned for Guided Commercial Manufacturing, the land (2,700,720 square feet) offers excellent visibility and access from Highway 169, boasting an average daily traffic count of 20,067 vehicles (MnDOT 2020). The site is divisible to accommodate various development needs, and the owner is willing to subdivide. City sewer is already in place, and city water is readily accessible. The property is situated in a rapidly growing community and is eligible for annexation into the City of Jordan. Tax Increment Financing (TIF) may be available. Minnesota Department of Transportation (MnDOT) has plans to upgrade the Highway 169/282 intersection, further enhancing access. Permitted uses include, but are not limited to: building materials, boat and auto sales, amusement parks, farm implement dealerships, greenhouses, lumberyards, hospitals, and manufacturing and processing facilities (some may require a conditional use permit). The asking price is negotiable. APN: 109240270.

    Property Features for 169 And Mn Hwy 282

    General Information

    Property type
    Farms
    Lot Size
    2,700,720 SF

    HighLights

    • Exceptional visibility and access from Highway 169, with 20,067 VPD (MnDOT 2020).
    • Annexation into the City of Jordan is possible.
    • Tax Increment Financing (TIF) may be available.
    • City sewer is available; city water is readily accessible.
    • Rapidly growing demographics.
    • MnDOT plans to upgrade the Highway 169/282 intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jordan
    County
    Scott
    State
    Minnesota
    Longitude
    -93.6394276
    Latitude
    44.6705633

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    FAQs

    What type of property is this?
    Farm - 62 Acres, Highway 169 Access
    Where is this farm located?
    The property is located at 169 And Mn Hwy 282 Jordan, MN.
    What are key features of this property?
    This property features: Exceptional visibility and access from Highway 169, with 20,067 VPD (MnDOT 2020).; Annexation into the City of Jordan is possible.; Tax Increment Financing (TIF) may be available.
    Request Owner's contact information
    169 And Mn Hwy 282 Jordan, MN 55352
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    Jordan, MN 55352
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    169 And Mn Hwy 282 Jordan, MN 55352
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