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Property profile & analytics
OFF-MARKET
Land

0 Highway 169 Elk River, MN 55330

87,120 SF 2 ac lot
Property ID
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
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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