Property profile

0 3Rd St Pine Island, MN 55963

OFF-MARKET
Land
4.89 ac lot
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Property summary

AI-generated overview

This exceptional 4.89-acre commercial land parcel presents a unique development opportunity in Pine Island, Minnesota. Strategically located with excellent visibility and direct access from Highway 52, this property enjoys a prime position along the high-traffic Minneapolis to Rochester corridor. The lot is zoned for Heavy Industrial use, offering considerable flexibility for a variety of commercial ventures. Preliminary engineering and survey work has already been completed, streamlining the development process. The flat terrain simplifies construction planning. A completed site plan is available for review. This property is conveniently situated just minutes from downtown Rochester, providing easy access to a thriving regional center. The asking price for this highly desirable commercial land is $474,454. The property's Assessed Parcel Number (APN) is 682200152. Located at XXX 3rd St NE, Pine Island, MN 55963, this offering represents a compelling investment in a rapidly growing area. Don't miss this chance to acquire a premier commercial site with significant potential.

Property profile

Verified
Property type Land
Lot 4.89 ac (213,008 SF)

Cap rate & NOI

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

Location

3Rd St Pine Island, MN 55963
Pine Island metro
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Value estimations

Realmo proprietary · 4 methods
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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
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