71St St Otsego, MN 55330
- Land
- 207,346 SF
- 4.72 lot acres
Current Use by Public Records
- Land
Property Details for 0 71St St
- Lot size
- 4.72 lot acres
- Property size
- 207,346 SF
- Property type
- Land
Description
Kittredge Crossings presents a unique investment opportunity in Otsego, Minnesota. This exceptional 4.72-acre parcel boasts a prime location directly north of the thriving Albertville Premium Outlets, ensuring high visibility and accessibility. The land is already rough-graded, simplifying development and saving on preliminary costs. City sewer and water services are readily available, eliminating significant infrastructure hurdles. The property's flexible zoning allows for a variety of commercial and residential development options, catering to diverse investment strategies. The surrounding area is experiencing robust residential growth, with established national homebuilders actively contributing to the expanding community. This translates to a strong potential for both immediate and long-term returns. Furthermore, two contiguous lots are also available for purchase, all priced at a competitive $1 per square foot, offering significant economies of scale for larger-scale projects. This exceptional combination of location, infrastructure, zoning flexibility, and market demand makes Kittredge Crossings an attractive proposition for discerning investors seeking a high-potential development opportunity in a rapidly growing Minnesota market. The total square footage of the land is 207,346 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Otsego
- County
- Wright
- State
- Minnesota
- Longitude
- -93.559
- Latitude
- 45.2534
