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    2301 Frontage Rd Litchfield, MN 55355

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    For Sale
    Contact for pricing

    1.52-Acre Commercial Land Near Walmart

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.52-acre commercial land parcel presents a prime development opportunity in Litchfield, Minnesota. Located at 2301 E Frontage Rd (Pad 1), this property boasts unparalleled visibility from Highway 12, a major arterial road connecting the Twin Cities metropolitan area to Willmar, MN. Its strategic location in a high-traffic area, adjacent to a Walmart, ensures significant exposure for any commercial venture. The land is classified as Commercial Land and is ideal for a variety of uses. This outlot offers a unique chance to establish a business in a thriving community. The lot size is precisely 1.52 acres, providing ample space for development. Furthermore, there is the potential to combine this parcel with an adjacent lot (Pad 2), resulting in a combined total of 3.04 acres, offering even greater development flexibility. This presents a rare opportunity to secure a highly visible and strategically located commercial property in a growing market. The property's address is precisely 2301 E Frontage Rd (Pad 1), Litchfield, MN 55355, situated in Meeker County. The coordinates are 45.118173 latitude and -94.49122924 longitude. Don't miss this chance to capitalize on this exceptional location.

    Property Features for 2301 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    66,211 SF

    HighLights

    • 1.52‑acre lot.
    • Two adjacent lots totaling 3.04 acres available.
    • High visibility from Hwy 12.
    • Excellent location on Hwy 12, a major arterial connecting the Twin Cities to Wilmar, MN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walmart Pet Services Pet Sitter Walmart Garden Center Garden Center Walmart Connection center Cell Phone Store Western Union Money Transfer Service Ria Money Transfer ... Money Transfer Service

    Suggested Use

    Restaurant Hair Salon Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Pharmacy Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield
    County
    Meeker
    State
    Minnesota
    Longitude
    -94.49122924
    Latitude
    45.118173

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    FAQs

    What type of property is this?
    Land - 1.52-Acre Commercial Land Near Walmart
    Where is this land located?
    The property is located at 2301 Frontage Rd Litchfield, MN.
    What are key features of this property?
    This property features: 1.52-acre lot.; Two adjacent lots totaling 3.04 acres available.; High visibility from Hwy 12.
    Request Owner's contact information
    2301 Frontage Rd Litchfield, MN 55355
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    Litchfield, MN 55355
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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
    2301 Frontage Rd Litchfield, MN 55355
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