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Property profile & analytics
OFF-MARKET
Land

23 Shadowwood Dr Hwy Sauk Rapids, MN 56379

22.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22.88-acre commercial land parcel presents a remarkable development opportunity in Sauk Rapids, Minnesota. Strategically located just off Highway 23, approximately three miles east of St. Cloud, this property boasts high visibility and convenient access to major transportation routes. Zoned C-3 Highway Business District, it's ideally suited for a variety of commercial uses, including industrial or office-service developments. The property features an estimated frontage of approximately 54 feet along Shadowwood Drive NE (Hwy 23) and 30 feet along 35th Avenue NE (CR 80), offering ample space for significant construction. Access is provided via Shadowwood Drive NE and 35th Avenue NE. Detailed lot dimensions are available in the property documents and should be independently verified by the purchaser. The asking price is $249,000, and the 2021 property taxes were $1,618. Note that a well will need to be installed. This prime location within a growing commercial area offers exceptional potential for investors and developers seeking a high-traffic, easily accessible site. The property's APN is 090045904 & 090065800.

Property profile
Verified
Property type Land
Lot 22.88 ac (996,653 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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