Property profile

1151 Rd Worthington, MN 56187

OFF-MARKET
Land
0.7 ac lot
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Property summary

AI-generated overview

This exceptional 0.7-acre commercial land parcel presents a unique investment opportunity in Worthington, Minnesota. Located at 1151 Ryan's Rd, the property enjoys a prime position adjacent to a thriving retail center anchored by a Walmart store. This high-traffic location benefits from the substantial consumer traffic generated by the surrounding businesses, including Tractor Supply Co., HyVee, AT&T, Great Clips, Goodwill, and Hibbett Sports. The Walmart store alone attracts an estimated two million visitors annually, providing unparalleled access to a large and consistent customer base. This presents a significant advantage for businesses seeking high visibility and strong foot traffic. The property's 0.7-acre size offers ample space for development, making it suitable for a variety of commercial uses. Its strategic location near Interstate 90 further enhances its accessibility and appeal to potential tenants or buyers. This is an exceptional opportunity to capitalize on the strong retail environment and high consumer traffic in this established Worthington commercial area. The property's proximity to major retailers and its convenient location make it an ideal site for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

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

Location

1151 Rd Worthington, MN 56187
Worthington 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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