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Property profile & analytics
OFF-MARKET
Land

3299 42 Ave St. Cloud, MN 56301

7.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.36-acre commercial land parcel presents a unique investment opportunity in St. Cloud, Minnesota. Located at the intersection of 33rd Street South and 42nd Avenue South, this property enjoys a high-traffic location, serving as the primary entrance to the new St. Cloud Tech High School. The area has experienced significant recent development, including the construction of Stride Academy Charter School and Athlos Academy Charter School, both drawing considerable student and family traffic. Further enhancing accessibility, the completion of 33rd Street South improvements and the Highway 15 interchange at 33rd Street South/Granite Ridge Road provide direct access to Interstate 94, connecting to St. Cloud and surrounding areas. The property benefits from its proximity to over 700 platted or planned homesites, ensuring a robust residential base. Recreational amenities are also nearby, with the establishment of a 160-acre Neenah Creek Park featuring walking trails, cross-country ski trails, and ballfields. The substantial investment in the 100-acre, $100 million St. Cloud Tech High School further solidifies the area's growth potential. The land is zoned for commercial use, offering flexibility for a variety of development projects. The land value is $5.96 per square foot. This prime location and surrounding infrastructure make this a compelling opportunity for commercial development in a rapidly growing area. The property address is 3299 42nd Ave S, St Cloud, MN 56301.

Property profile
Verified
Property type Land
Lot 7.36 ac (320,602 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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