0 2Nd St Zimmerman, MN 55398
This exceptional investment opportunity presents two commercial lots totaling 1.61 acres in the thriving Zimmerman, MN market. Strategically located off US Highway 169 and Fremont Avenue Northwest, these lots boast high visibility to over 32,000 vehicles daily, ensuring maximum exposure for any development. The property benefits from convenient two-turn access from both major roadways, providing easy ingress and egress. Situated adjacent to an established shopping center anchored by Z Market Grocery, and complemented by Warzecha Autoparts and Royal Performance Company Dance Studio, this location offers immediate access to existing customer traffic. The area is experiencing significant residential growth, with new luxury apartments within walking distance, creating a strong potential customer base. Zoned C-2, the lots are ideally suited for a variety of commercial uses. Completed site plans are available, supporting a 15,000 square foot building on one lot and a 4,692 square foot building on the other. The asking price for Lot 1 (70,132 square feet) is $298,061, representing a price per square foot of $4.25. This presents a rare chance to capitalize on the rapid development and high visibility of this prime Zimmerman location. The property's APN is 95-469-0115. This is a turnkey opportunity for investors seeking high-return potential in a rapidly growing community.
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
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.