I-35 Highway 23 Sandstone, MN 55072
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.
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.