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Property profile & analytics
OFF-MARKET
Land

0 Highway 169 Elk River, MN 55330

64,904 SF 1.49 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.49-acre commercial land parcel presents a remarkable opportunity in Elk River, Minnesota. Located on Highway 169, one of Minnesota's busiest commercial corridors, this property boasts unparalleled visibility and accessibility. The site offers two available pad sites ideal for junior box or medical buildings, providing a strategic advantage for businesses seeking high-traffic exposure. The location benefits from its proximity to a major grocery store anchor, ensuring a strong customer base and synergistic retail environment. Easy access is provided via the intersection of 197th Avenue and Highway 169, facilitating convenient ingress and egress for both employees and customers. The thriving Elk River market offers significant growth potential, supported by the presence of established national retailers such as Walmart, Home Depot, Office Max, Coborn's, Cub Foods, Aldi, and Menards. With a total square footage of 64,904 square feet, this property (APN 75-813-0010) is zoned for commercial development and represents a compelling investment opportunity in a dynamic and rapidly expanding area. The property's strategic location and high visibility make it an ideal site for a variety of commercial ventures. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Land
Total area 64,904 SF
Lot 1.49 ac (64,904 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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