Property profile

10th 10Th Ave Waite Park, MN 56387

OFF-MARKET
Land
1.22 ac lot
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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

Location

10th 10Th Ave Waite Park, MN 56387
Waite Park metro
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Value estimations

Realmo proprietary · 4 methods
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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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