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    OFF-MARKET
    Land

    17th 17Th Ave, Waseca, MN 56093

    3.8 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    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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