Property profile

169 Hwy 169 Coleraine, MN 55722

OFF-MARKET
Commercial real estate
1 SF 14.1 ac lot Built 1900
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Total area 1 SF
Lot 14.1 ac (614,196 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

169 Hwy 169 Coleraine, MN 55722
Coleraine metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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