Property profile

15055 Per Rd Center City, MN 55012

OFF-MARKET
Land
0.7 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents six commercial land parcels for sale in the thriving Center City, Minnesota, County Seat Business Park. Located at 15055 Per Rd, 55012, these lots offer a combined acreage ranging from 0.7 to 6.44 acres, providing flexibility for various development projects. The property boasts prime visibility and convenient access to Highway 8, ensuring high traffic exposure for your business. Each lot is zoned Business Commercial (B2 Highway), with the potential for re-zoning to Light Industrial, given the presence of existing light industrial properties within 500 feet. Utilities are readily available, including three-phase electric, four-inch gas lines, and connection to Center City's water and sewer systems. Mid-continent and Frontier provide telecommunications services. Furthermore, the location benefits from available financial incentive programs to support development. The APN numbers for the six lots are 120027515, 120027516, 120027517, 120027518, 120027519, and 120027520. These build-ready sites present a unique opportunity to establish a presence in a dynamic and growing community. Contact us today to learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Land
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15055 Per Rd Center City, MN 55012
Center City metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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