0 Blk 9, Owatonna, MN 55060
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.
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
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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.