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    5Th St Lake Elmo, MN 55042

    Sponsored
    For Sale
    Contact for pricing

    ±17 Acres, Divisible, Prime Location, MN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±17.35-acre commercial land parcel presents a unique investment opportunity in the desirable Lake Elmo, Minnesota area. Located near the intersection of Inwood Avenue North and 5th Street North, this property boasts a prime location with convenient access to shopping, parks, and schools. The site is zoned C-Commercial, offering flexibility for a variety of commercial uses, including retail, medical, office, or other commercial developments. Utilities are readily available at the property boundaries, simplifying the development process. The property is divisible, allowing for the creation of smaller parcels to suit individual needs and project scopes. This presents a significant advantage for developers seeking to maximize the land's potential. Situated within the North St. Paul Maplewood Area School District, this location offers a strong community presence and a desirable demographic profile. The property's strategic location and zoning make it an ideal choice for businesses seeking high visibility and accessibility. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Minnesota community. The address is NEQ Inwood Ave N and 5th St N, Lake Elmo, MN 55042.

    Property Features for 0 5Th St

    General Information

    Property type
    Land
    Lot Size
    755,766 SF

    HighLights

    • Prime location in Lake Elmo, MN for retail, medical, office, and other commercial uses.
    • Located in the North St. Paul Maplewood Area School District.
    • Utilities readily available at the property line.
    • Convenient access to shopping, parks, and schools.
    • C‑Commercial zoning.
    • Divisible site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Elmo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.933815577276
    Latitude
    44.970076185641

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    FAQs

    What type of property is this?
    Land - ±17 Acres, Divisible, Prime Location, MN
    Where is this land located?
    The property is located at 5Th St Lake Elmo, MN.
    What are key features of this property?
    This property features: Prime location in Lake Elmo, MN for retail, medical, office, and other commercial uses.; Located in the North St. Paul Maplewood Area School District.; Utilities readily available at the property line.
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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
    5Th St Lake Elmo, MN 55042
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