4 Owatonna Mn 55060 Blooming Prairie, MN 55060
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.