Property profile

17th 17Th Ave Waseca, MN 56093

OFF-MARKET
Land
3.8 ac lot
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Property summary

AI-generated overview

This exceptional 3.8-acre commercial land parcel presents a unique development opportunity in Waseca, Minnesota. Ideally situated adjacent to the thriving Northridge Plaza Shopping Center, this single-tenant site offers unparalleled visibility and accessibility. The property's location at 17th Ave NE, Waseca, MN 56093 (44.094443, -93.503033) ensures high traffic volume and exposure to a substantial customer base. The expansive lot size provides ample space for a variety of commercial developments, making it suitable for a wide range of businesses. Whether you envision constructing a new building to suit your specific needs or acquiring the land for future development, this property offers significant potential for growth and return on investment. The property is zoned for commercial use and is ready for immediate development. Its proximity to the established Northridge Plaza Shopping Center further enhances its desirability, providing synergistic benefits and a built-in customer base. This is a rare opportunity to acquire a prime commercial land parcel in a desirable location with excellent growth potential. Serious inquiries are encouraged. The property is available for sale or build-to-suit options.

Property profile

Verified
Property type Land
Lot 3.8 ac (165,528 SF)

Cap rate & NOI

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

Location

17th 17Th Ave Waseca, MN 56093
Waseca metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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