169 Hwy 169, Coleraine, MN 55722
This exceptional commercial land offering presents a unique development opportunity in Coleraine, Minnesota. Comprising two buildable lots totaling 14.1 acres, this property is ideally situated along Highway 169 North, ensuring unparalleled visibility and accessibility. According to Minnesota Department of Transportation data, approximately 10,500 vehicles pass this location daily, providing significant exposure for any commercial venture. The strategic location offers numerous advantages, including proximity to the established Eagle Ridge Estates residential community and direct adjacency to the prestigious Eagle Ridge Golf Course. This combination of high traffic volume, desirable neighborhood proximity, and scenic golf course setting creates a compelling opportunity for a variety of commercial developments. The land's size allows for flexibility in design and scale, catering to a range of potential uses. The combined acreage provides ample space for construction, parking, and landscaping, maximizing the potential return on investment. This is a rare chance to acquire a prime commercial parcel in a thriving area with excellent visibility and access. The property is being offered as a single package, simplifying the acquisition process and presenting a cohesive development opportunity. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land. The total square footage is listed as 1 square foot, however this is likely a data entry error and should not be considered accurate. The acreage is the key defining feature of this property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.