38963 Tanger Dr North Branch, MN 55056
This exceptional 0.54-acre commercial lot, located at 38963 Tanger Dr, North Branch, MN 55056 (APN: 11.01029.00), presents a unique investment opportunity. Zoned B-3, this property allows for a wide range of commercial uses, including restaurants. The site boasts excellent visibility and accessibility from Interstate 35, a major thoroughfare with reportedly over 39,000 vehicles passing daily. Its strategic location places it amidst a thriving retail environment, surrounded by established businesses such as Burger King, Denny's, Taco Bell, McDonald's, Dairy Queen, Subway, Papa Murphy's, Country Market, and multiple Holiday Station Stores. Detailed zoning information is available online via the provided link: [https://northbranch.municipalcodeonline.com/book?type=code#name=DIVISION_13_B-3_REGIONAL_BUSINESS_DISTRICT](https://northbranch.municipalcodeonline.com/book?type=code#name=DIVISION_13_B-3_REGIONAL_BUSINESS_DISTRICT). The asking price is $225,000, and attractive seller financing options are available at below-market rates. This property offers significant potential for growth and return on investment. Don't miss this chance to secure a prime commercial location in a high-traffic area.
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
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.