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    4651 Kings Pt Rd Minnetrista, MN 55331

    Sponsored
    For Sale
    Contact for pricing

    Prime 2.17-acre MN commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.17-acre commercial land parcel presents a prime retail development opportunity in Minnetrista, Minnesota. Located at the intersection of Highway 7 and Kings Point Road, this Planned Unit Development (PUD) site is situated within a thriving master-planned community. The community's development includes a 148-unit luxury apartment building, currently under construction with an anticipated completion in Fall 2024, and a new Mackenthun's grocery store, slated to begin construction in Spring 2023. This family-owned grocery store has served the community for over 100 years, providing a strong anchor tenant for the development. The property's location within Hennepin County, specifically at 4651 Kings Point Rd, Minnetrista, MN 55331 (APN 34-117-24-33-0064), benefits from strong demographics and a growing population base. Ideal for destination retail or service-oriented businesses such as daycare centers or dental offices, this site offers significant potential for investors seeking a high-growth area. The property's zoning as a PUD ensures a streamlined development process, making it an attractive investment for those seeking a well-positioned commercial development opportunity in a rapidly expanding community. This is a rare chance to be part of a vibrant mixed-use project in the west metro area.

    Property Features for 4651 Kings Pt Rd

    General Information

    Property type
    Land
    Lot Size
    94,525 SF

    HighLights

    • Part of a planned unit development (PUD), ideal for retail use.
    • Zoned for retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Minnetrista
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.703679491015
    Latitude
    44.892942918279

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      2.17 Acre Site in Minnetrista

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    FAQs

    What type of property is this?
    Land - Prime 2.17-acre MN commercial land
    Where is this land located?
    The property is located at 4651 Kings Pt Rd Minnetrista, MN.
    What are key features of this property?
    This property features: Part of a planned unit development (PUD), ideal for retail use.; Zoned for retail development.;
    Request Owner's contact information
    4651 Kings Pt Rd Minnetrista, MN 55331
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    Minnetrista, MN 55331
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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
    4651 Kings Pt Rd Minnetrista, MN 55331
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