11991 120Th St Hastings, MN 55033
- Land
- 3.88 lot acres
Current Use by Public Records
- Land
Property Details for 11991 120Th St
- Lot size
- 3.88 lot acres
- Property type
- Land
Description
This exceptional 3.877-acre commercial land parcel presents a remarkable development opportunity in Cottage Grove, Minnesota. Strategically located at 11991 120th St S, 55033, this property boasts exceptional visibility and accessibility, with approximately 35,000 vehicles passing daily. Its prime location offers easy access to major retailers including Fleet Farm, Target, Menard's, Hy-Vee, Walmart, TJ Maxx, and HomeGoods, ensuring high traffic and consumer visibility for any development. Furthermore, the site's proximity to Allina Health United Hospital underscores its potential for medical-related businesses. The surrounding area demonstrates strong economic indicators, with an average household income within one mile exceeding $181,917. This suggests a robust and affluent consumer base ideal for various commercial ventures. Potential uses for this land include, but are not limited to, medical facilities, office buildings, convenience stores, retail spaces, multi-family residential developments, and financial institutions such as banks or credit unions. The property's size and location make it an attractive investment for developers seeking a high-impact project in a thriving community. A drone video showcasing the property is available online. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area just 18 miles from St. Paul.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hastings
- County
- Washington
- State
- Minnesota
- Longitude
- -92.8649
- Latitude
- 44.7752
