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    OFF-MARKET
    Land

    0 Nw & Sunwood Dr, Ramsey, MN 55303

    7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7-acre commercial land parcel presents a unique investment opportunity in the thriving city of Ramsey, Minnesota. Located at the highly visible southeast corner of Ramsey Boulevard NW and Sunwood Drive, this property boasts unparalleled accessibility and visibility. The site is zoned COR-2 (Commercial), offering a wide range of development possibilities, including retail, hospitality, office, and medical office spaces. With a land value of $6 per square foot, the asking price is $1,524,600. The property's strategic location provides immediate access to major thoroughfares such as Ramsey Boulevard NW and Sunwood Drive, ensuring convenient access for both employees and customers. Furthermore, its proximity to Highway 10, Armstrong Boulevard, and Bunker Lake Road enhances regional connectivity. The site is also conveniently located near the Northstar Commuter Rail Station and existing retail amenities, offering significant advantages for businesses seeking a vibrant and accessible location. A 30-minute commute to downtown Minneapolis adds to its appeal. The property is identified by APN 28-32-25-41-0020 and is situated within the Anoka-Hennepin ISD #11 school district. This divisible lot is ideal for developers seeking a prime location to build a variety of commercial projects. The property's high visibility and convenient location make it an exceptional investment opportunity with significant potential for future growth and return.

    Property profile
    Verified
    Property type Land
    Lot 7 ac (304,920 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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