2000 State St, Waseca, MN 56093
This exceptional 1.106-acre commercial land parcel presents a remarkable investment opportunity in Waseca, Minnesota. Located at 2000 State Street North, this property boasts an unparalleled location directly across from a high-traffic Walmart, generating over 900,000 annual visits. The site's strategic position offers exceptional visibility and accessibility, placing your business within easy reach of a substantial customer base. The property is zoned B2, allowing for a wide range of commercial development options. Currently, a 9,100 square foot building sits on the land, offering potential for renovation or redevelopment. This prime location is already home to a cluster of national retailers including Dairy Queen, O'Reilly Auto Parts, McDonald's, and Burger King, creating a synergistic environment for new businesses. The property is available for sale, ground lease, or build-to-suit arrangements, providing flexibility to meet diverse business needs. This is an exceptional opportunity to establish a thriving business in a high-demand area with significant foot traffic and strong brand recognition. The property's size and location make it ideal for a variety of commercial uses, ensuring a strong return on investment. Seize this chance to capitalize on the vibrant commercial landscape of Waseca, Minnesota. The property is owned by Hutton.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.