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Property profile & analytics
OFF-MARKET
Land

0 Blk 8 Blooming Prairie, MN 55060

1.83 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.83 ac (79,715 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
AI Approach AI
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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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