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    1X Hwy 169 Jordan, MN 55352

    Sponsored
    For Sale
    $4,216,000

    60+ Acres, Commercial & Ag Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 60+ acre property boasts a prime location on Highway 169 in Jordan, Minnesota, at the site of the city's new interchange. Zoned for both business/commercial and agricultural uses, this land offers unparalleled visibility and accessibility. Its strategic location provides easy access to Highway 212 and Shakopee, making it ideal for a variety of commercial ventures. The property benefits from existing city sewer access, with water readily available nearby. The potential for subdivision adds further flexibility for development. Situated in the rapidly growing city of Jordan, just south of Shakopee and a convenient 34 miles from the Minneapolis-St. Paul International Airport, this land presents a unique investment opportunity. The asking price is $4,216,000. Additional acreage may be available. This is a rare chance to acquire a significant parcel in a thriving area with excellent infrastructure and high growth potential. The property's location at the new interchange ensures high traffic volume and visibility, making it an attractive site for businesses seeking a prominent presence in the region. The dual zoning allows for diverse development options, catering to a wide range of commercial and agricultural uses.

    Property Features for 1X Hwy 169

    General Information

    Property type
    Farms

    HighLights

    • 60+ acre prime commercial/agricultural land in Jordan, MN, at the new Highway 169 interchange.
    • Excellent visibility and accessibility with easy access to Highway 212 and Shakopee.
    • City sewer access and water readily available.
    • Subdivision potential and additional acreage may be available.
    • $4,216,000 asking price; located 34 miles from Minneapolis‑St. Paul International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jordan
    County
    Scott
    State
    Minnesota
    Longitude
    -93.6015207
    Latitude
    44.6627518

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 60+ Acres, Commercial & Ag Zoning, High Visibility
    Where is this farm located?
    The property is located at 1X Hwy 169 Jordan, MN.
    What is the asking price?
    The asking price for this property is $4,216,000.
    What are key features of this property?
    This property features: 60+ acre prime commercial/agricultural land in Jordan, MN, at the new Highway 169 interchange.; Excellent visibility and accessibility with easy access to Highway 212 and Shakopee.; City sewer access and water readily available.
    Request Owner's contact information
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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
    1X Hwy 169 Jordan, MN 55352
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