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Property profile

4 Owatonna Mn 55060 Blooming Prairie, MN 55060

OFF-MARKET
Land
1.83 ac lot
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Property summary

AI-generated overview

This exceptional 1.83-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Owatonna, Minnesota. Strategically located on Owatonna's beltline, this property enjoys a high-traffic location, boasting exceptional visibility and accessibility. Its prime position places it directly adjacent to a Kwik Trip convenience store and Plaza Morena, ensuring consistent foot traffic and brand recognition. The property is zoned for Commercial Business use, offering a wide range of development possibilities for businesses seeking a high-visibility location. Furthermore, its proximity to major transportation arteries is unparalleled, with less than one mile to Interstate 35, providing easy access for commuters and customers. The location also benefits from its close proximity to significant healthcare facilities, including the Mayo Clinic and Allina Hospital, both within 1.2 miles. This advantageous location, combined with the substantial lot size, makes this property an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $449,900. Don't miss this chance to secure a prime commercial location in a rapidly growing area. The property is located at Block 8 Lot 4, Owatonna, MN 55060.

Property profile

Verified
Property type Land
Lot 1.83 ac (79,715 SF)

Cap rate & NOI

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

Location

4 Owatonna Mn 55060 Blooming Prairie, MN 55060
Blooming Prairie 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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