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    OFF-MARKET
    Land

    0 3Rd St, Pine Island, MN 55963

    4.89 ac lot
    Property ID
    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
    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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