Technical
Financial
Distress signals
Property profile

0 Highway 169 Elk River, MN 55330

OFF-MARKET
Land
87,120 SF 2 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel (APN 75-813-0010), located in Elk River, Minnesota, presents a unique investment opportunity. Situated on Highway 169, one of Minnesota's busiest commercial corridors, this property boasts unparalleled visibility and accessibility. The lot size is 87,120 square feet and is zoned R1C, allowing for the development of various commercial uses. Two potential pad sites are available for lease or build-to-suit opportunities, ideal for junior box or medical buildings. This location benefits from its strategic placement at the intersection of 197th Avenue and Highway 169, ensuring high traffic volume and exposure. The property is anchored by a grocery store and enjoys the advantages of a thriving trade area, surrounded by established businesses including Walmart, Home Depot, Office Max, Coborn's, Cub Foods, Aldi, and Menards. This prime location offers significant potential for growth and return on investment in a rapidly developing area of Sherburne County. The property's high visibility and convenient access make it an attractive proposition for businesses seeking a prominent location in a bustling commercial hub. This is a rare opportunity to secure a highly desirable commercial lot in a prime Elk River location.

Property profile

Verified
Property type Land
Total area 87,120 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 169 Elk River, MN 55330
Elk River metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Highway 169?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message