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    OFF-MARKET
    Land

    10th 10Th Ave, Waite Park, MN 56387

    1.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.22-acre commercial lot presents a remarkable opportunity for businesses seeking a high-visibility location in Waite Park, Minnesota. Situated on four-lane 10th Avenue South, this property boasts 175 feet of frontage directly across from BioLife and Menards, ensuring significant exposure to a high volume of traffic. Its strategic location within the rapidly developing west end of the St. Cloud area provides easy access to major transportation arteries, including Highways 23 and 75, and convenient access to I-94. The property's surroundings are characterized by a thriving mix of businesses, including big-box retailers, medical and professional office buildings, car dealerships, and restaurants, creating a dynamic and desirable commercial environment. Adding to its appeal, the rear of the lot overlooks a serene nine-acre pond with walking trails, offering a pleasant backdrop. Furthermore, this property is equipped for modern businesses, featuring readily available fiber optic connectivity. Priced at $650,000, this lot represents an exceptional investment opportunity in a prime commercial location. The Stearns County address and 56387 zip code further solidify its desirability. Don't miss this chance to establish or expand your business in this thriving area.

    Property profile
    Verified
    Property type Land
    Lot 1.22 ac (53,143 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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