Property profile

1X Hwy Jordan, MN 55352

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 60+ acre property boasts a prime location on Highway 169 in Jordan, Minnesota, at the site of the city's new interchange. Zoned for both business/commercial and agricultural uses, this land offers unparalleled visibility and accessibility. Its strategic location provides easy access to Highway 212 and Shakopee, making it ideal for a variety of commercial ventures. The property benefits from existing city sewer access, with water readily available nearby. The potential for subdivision adds further flexibility for development. Situated in the rapidly growing city of Jordan, just south of Shakopee and a convenient 34 miles from the Minneapolis-St. Paul International Airport, this land presents a unique investment opportunity. The asking price is $4,216,000. Additional acreage may be available. This is a rare chance to acquire a significant parcel in a thriving area with excellent infrastructure and high growth potential. The property's location at the new interchange ensures high traffic volume and visibility, making it an attractive site for businesses seeking a prominent presence in the region. The dual zoning allows for diverse development options, catering to a wide range of commercial and agricultural uses.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

1X 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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