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    2000 State St Waseca, MN 56093

    Sponsored
    For Sale
    Contact for pricing

    Prime 1.1-acre commercial lot, high visibility location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.106-acre commercial land parcel presents a remarkable investment opportunity in Waseca, Minnesota. Located at 2000 State Street North, this property boasts an unparalleled location directly across from a high-traffic Walmart, generating over 900,000 annual visits. The site's strategic position offers exceptional visibility and accessibility, placing your business within easy reach of a substantial customer base. The property is zoned B2, allowing for a wide range of commercial development options. Currently, a 9,100 square foot building sits on the land, offering potential for renovation or redevelopment. This prime location is already home to a cluster of national retailers including Dairy Queen, O'Reilly Auto Parts, McDonald's, and Burger King, creating a synergistic environment for new businesses. The property is available for sale, ground lease, or build-to-suit arrangements, providing flexibility to meet diverse business needs. This is an exceptional opportunity to establish a thriving business in a high-demand area with significant foot traffic and strong brand recognition. The property's size and location make it ideal for a variety of commercial uses, ensuring a strong return on investment. Seize this chance to capitalize on the vibrant commercial landscape of Waseca, Minnesota. The property is owned by Hutton.

    Property Features for 2000 State St

    General Information

    Property type
    Land
    Lot Size
    48,177 SF

    HighLights

    • 1.1.06‑acre commercial land parcel in Waseca, MN.
    • 2. B2 zoning.
    • 3. Located at 2000 State St N, Waseca, MN 56093, across from a high‑traffic Walmart.
    • 4. Excellent visibility and location near other national retailers including Dairy Queen, O'Reilly Auto Parts, McDonald's, and Burger King.
    • 5. Available for sale, ground lease, or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waseca
    County
    Waseca
    State
    Minnesota
    Longitude
    -93.507201882004
    Latitude
    44.096805801971

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    Nearby Similar for Sale

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      Lakeshore Grill & Bar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 1.1-acre commercial lot, high visibility location.
    Where is this land located?
    The property is located at 2000 State St Waseca, MN.
    What are key features of this property?
    This property features: 1.1.06-acre commercial land parcel in Waseca, MN.; 2. B2 zoning.; 3. Located at 2000 State St N, Waseca, MN 56093, across from a high-traffic Walmart.
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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
    2000 State St Waseca, MN 56093
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