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    OFF-MARKET
    Land

    0 Blk 9, Owatonna, MN 55060

    0.91 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.91-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Owatonna, Minnesota. Located at the highly visible corner of 26th Street NE and Cedar Avenue N, this property boasts a prime location with excellent visibility and accessibility. The lot is zoned for commercial use, offering a wide range of development possibilities for businesses seeking a strategic presence in this dynamic area. The asking price is $159,900. While the exact square footage is not guaranteed, the substantial 0.91-acre size provides ample space for a variety of commercial ventures. Situated in Steele County, with a 55060 zip code, this property benefits from the robust infrastructure and amenities of Owatonna. Its northeast location places it within easy reach of major transportation routes and a thriving local economy. This is an exceptional opportunity to acquire a strategically located commercial lot in a rapidly growing area. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. The property is identified as BLK 9 Lot 5. Buyers are advised to conduct their own due diligence regarding square footage and acreage.

    Property profile
    Verified
    Property type Land
    Lot 0.91 ac (39,640 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
    by Request
    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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