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    Main St & Otter Lk Rd Lino Lakes, MN 55038

    Sponsored
    For Sale
    Contact for pricing

    Prime Anoka County location, high traffic, new construction potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 29.4-acre commercial land parcel presents a unique investment opportunity in the thriving Lino Lakes, Minnesota market. Located at the intersection of Main Street and Otter Lake Road, this property boasts unparalleled visibility and accessibility, with an impressive 22,700 vehicles passing daily on Main Street and 50,000 vehicles daily on nearby 35E. The site is zoned for new construction, offering the potential for a variety of commercial developments. An end-cap with drive-thru capabilities is a possibility, making it ideal for restaurants or retail businesses. The property's location within a rapidly expanding community, experiencing a remarkable 91% population increase over three years, ensures strong future growth and demand. This vibrant area is already home to a diverse range of established businesses, including McDonald's, Dunkin', Blue Heron Grill, Festival Foods, Dunn Brothers Coffee, Kwik Trip, Fiesta Cancun, Dairy Queen, Culver's, Tidal Wave Auto Spa, and Jersey Mike's Subs, creating a thriving commercial ecosystem. The property's APN is 24-31-22-13-0005, 24-31-22-13-0002. This is a rare chance to acquire a significant land holding in a high-growth area with excellent visibility and established infrastructure. Don't miss this opportunity to capitalize on the potential of this prime commercial location.

    Property Features for 0 Main St & Otter Lk Rd

    General Information

    Property type
    Land
    Lot Size
    1,280,664 SF

    HighLights

    • New construction permitted.
    • End‑cap with drive‑thru potential.
    • High traffic count: 22,700 vehicles daily on Main Street, 50,000 vehicles daily on nearby Hwy 35E.
    • Located in rapidly growing community with 91% population increase in 3 years.
    • Strong retail synergy with nearby McDonald's, Dunkin', and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lino Lakes
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.0345172
    Latitude
    45.141979

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    FAQs

    What type of property is this?
    Land - Prime Anoka County location, high traffic, new construction potential.
    Where is this land located?
    The property is located at Main St & Otter Lk Rd Lino Lakes, MN.
    What are key features of this property?
    This property features: New construction permitted.; End-cap with drive-thru potential.; High traffic count: 22,700 vehicles daily on Main Street, 50,000 vehicles daily on nearby Hwy 35E.
    (612) 834-2250
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    Main St & Otter Lk Rd Lino Lakes, MN 55038
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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
    Main St & Otter Lk Rd Lino Lakes, MN 55038
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