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    Land

    3275 County Rd 74, St. Cloud, MN 56301

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    Property summary
    AI-generated overview

    This exceptional 165,528 square foot commercial land parcel presents a unique investment opportunity in St. Cloud, Minnesota. Located at the intersection of County Road 74 and 33rd Street South, this property benefits from its strategic position adjacent to other available land, allowing for potential assemblage of approximately 30 acres. The site is currently zoned residential non-homesteaded, but is likely rezonable to Planned Unit Development (PUD), opening doors to a variety of development possibilities. The area is experiencing significant growth, fueled by recent infrastructure improvements such as the upgraded four-lane 33rd Street South, complete with center medians, turning lanes, and roundabouts, serving as a new East-West Beltway in South St. Cloud. Furthermore, the area boasts substantial recent development, including a new $125 million, 100-acre St. Cloud Tech High School, the Stride Academy Charter School, and the Athlos Academy Charter School. Over 700 platted or planned homesites are situated nearby, creating a strong residential base. The addition of a 160-acre Neenah Creek Park, featuring walking trails, cross-country ski trails, and ballfields, enhances the area's appeal and livability. Nearby commercial developments include Stonegate Dental, Simplicity Health/360 Chiropractic, self-storage units, a 70-unit apartment complex, F&M Bank, Pinecone Vision Eye Clinic, a medical imaging facility, and a planned 374-unit apartment complex. This property's prime location and the surrounding growth make it an ideal site for various commercial ventures. The asking price is $827,640.

    Property profile
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    Property type Land
    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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