Property profile

169 And Mn Hwy Jordan, MN 55352

OFF-MARKET
Land
62 ac lot
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Property summary

AI-generated overview

This exceptional 62-acre property, located at the intersection of US Highway 169 and MN Highway 282 in Jordan, Minnesota (zip code 55352), presents a unique commercial and/or agricultural investment opportunity. Zoned for Guided Commercial Manufacturing, the land (2,700,720 square feet) offers excellent visibility and access from Highway 169, boasting an average daily traffic count of 20,067 vehicles (MnDOT 2020). The site is divisible to accommodate various development needs, and the owner is willing to subdivide. City sewer is already in place, and city water is readily accessible. The property is situated in a rapidly growing community and is eligible for annexation into the City of Jordan. Tax Increment Financing (TIF) may be available. Minnesota Department of Transportation (MnDOT) has plans to upgrade the Highway 169/282 intersection, further enhancing access. Permitted uses include, but are not limited to: building materials, boat and auto sales, amusement parks, farm implement dealerships, greenhouses, lumberyards, hospitals, and manufacturing and processing facilities (some may require a conditional use permit). The asking price is negotiable. APN: 109240270.

Property profile

Verified
Property type Land
Lot 62 ac (2,700,720 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 And Mn Hwy Jordan, MN 55352
Jordan metro
Google Maps

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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