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Property profile & analytics
OFF-MARKET
Land

I-35 Highway 23 Sandstone, MN 55072

29.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 29.23-acre commercial land parcel presents a unique investment opportunity in Sandstone, Minnesota. Strategically located at the intersection of I-35 and Highway 23, this property boasts unparalleled visibility and accessibility. The site benefits from extremely high traffic counts due to its position along a major interstate highway connecting the Twin Cities metropolitan area to Duluth, MN, and providing easy access to Northern Minnesota and Wisconsin. Its central location makes it ideal for a wide range of commercial developments, catering to both local and regional markets. The property's expansive size allows for significant flexibility in development plans, accommodating large-scale projects. With its prime location and substantial acreage, this land offers exceptional potential for substantial return on investment. The APN is 450101002. The asking price for this remarkable property is $500,000. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area. Don't miss out on this chance to secure a prime location for your next venture.

Property profile
Verified
Property type Land
Lot 29.23 ac (1,273,259 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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