1067 24Th Ave Owatonna, MN 55060

This exceptional 29.12-acre commercial land parcel in Owatonna, Minnesota, presents a unique investment opportunity. Located at 1067 24th Ave NW, 55060, Steele County, this property boasts unparalleled visibility from Interstate 35, ensuring high traffic exposure for any future development. The land is zoned for industrial use, making it ideal for a variety of businesses. Its strategic location near the Owatonna Incubator provides access to a supportive entrepreneurial ecosystem. Furthermore, this site is situated within an Opportunity Zone, offering potential tax advantages for investors. The city may also provide additional incentives for development, creating a compelling combination of location, zoning, and potential financial benefits. The property's substantial size allows for significant flexibility in development plans, catering to a wide range of industrial projects. With its prime location and advantageous zoning, this land parcel represents a rare chance to acquire a highly desirable commercial property in a thriving Minnesota community. The latitude and longitude coordinates are 44.0941152, -93.2558231 respectively. The price per acre is $60,000.