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    Interstate-35 And County Rd 2 Northfield, MN 55020

    Sponsored
    For Sale
    Contact for pricing

    198 Acres, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 198-acre industrial land parcel presents a remarkable commercial development opportunity in the thriving community of Northfield, Minnesota. Strategically located at the intersection of Interstate 35 and County Road 2, this property boasts unparalleled accessibility and visibility. The site is zoned Highway Business District, offering a wide range of development possibilities, including retail, and various pad site options. With its substantial acreage and prime location, this land is ideally suited for large-scale commercial projects. The property's location in Rice County, near Elko New Market, MN, places it within a rapidly growing area with strong demographics, ensuring high potential for return on investment. The three associated APNs are 89230090, 89230040, and 89230081. This is a rare chance to acquire a significant tract of land in a high-demand location, perfect for businesses seeking exceptional interstate access and visibility. The property's size and zoning make it suitable for a variety of commercial ventures, capitalizing on the area's robust growth and strong market conditions. Don't miss this opportunity to secure a premier location for your next commercial development. The zip code is 55020.

    Property Features for 0 Interstate-35 And County Rd 2

    General Information

    Property type
    Land
    Lot Size
    8,624,880 SF

    HighLights

    • Commercial zoning.
    • Multiple pad site options available.
    • Highway Business District zoning.
    • Retail opportunity near I‑35 and County Road 2.
    • Excellent demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Northfield
    County
    Rice
    State
    Minnesota
    Longitude
    -93.3892894
    Latitude
    44.5847172

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    FAQs

    What type of property is this?
    Land - 198 Acres, Highway Business Zoning
    Where is this land located?
    The property is located at Interstate-35 And County Rd 2 Northfield, MN.
    What are key features of this property?
    This property features: Commercial zoning.; Multiple pad site options available.; Highway Business District zoning.
    Request Owner's contact information
    Interstate-35 And County Rd 2 Northfield, MN 55020
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    Northfield, MN 55020
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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
    Interstate-35 And County Rd 2 Northfield, MN 55020
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