0 Blk 8 Blooming Prairie, MN 55060
This exceptional 1.83-acre commercial land parcel presents a remarkable mixed-use opportunity in a burgeoning area of Owatonna, Minnesota. Located at the corner of 26th Street NE and Cedar Avenue N, this strategically positioned property (APN 175740804) offers unparalleled visibility and accessibility. Situated in Steele County, with a Blooming Prairie city verification, and a 55060 zip code, this lot is ideal for a variety of commercial ventures. The property is designated as Block 8, Lot 4, providing clear identification within the development. While the exact square footage is not guaranteed, the substantial 1.83-acre size provides ample space for development. This is a rare chance to acquire a prime commercial site in a rapidly growing area, offering significant potential for future growth and return on investment. The asking price is $449,900. Interested parties are encouraged to conduct their own due diligence to verify all property details and confirm suitability for their intended use. Don't miss this opportunity to secure a prominent location in a thriving Minnesota 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
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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.