Kings Point Rd Excelsior, MN 55331
- Land
- 1.64 lot acres
Current Use by Public Records
- Land
Property Details for 0 Kings Point Rd
- Lot size
- 1.64 lot acres
- Property type
- Land
Description
This exceptional 1.64-acre commercial and residential land parcel presents a unique investment opportunity in the thriving Woodland Cove development in Minnetrista, Minnesota. Located at Kings Point Rd, 55331, this PUD (Planned Unit Development) zoned lot offers unparalleled potential. The property benefits from its strategic location adjacent to a recently opened 48,000 square foot Mackenthun's Fine Foods with an integrated Caribou Coffee (February 2024 opening). Furthermore, a brand new 148-unit market-rate apartment building developed by Doran Companies opened in Fall 2024, significantly increasing foot traffic and consumer density. Situated within the master-planned Woodland Cove community, encompassing approximately 1,114 residential lots/units, this site enjoys exceptional visibility and access. Its proximity to Lake Minnetonka Regional Park and Carver Park Reserve provides recreational amenities, while the highly-rated Westonka School District 277 adds to its desirability. Conveniently located just 20 miles west of Downtown Minneapolis, this property offers easy access to a large consumer base. This is a rare opportunity to acquire a prime commercial and residential land parcel in a rapidly growing area with exceptional existing infrastructure and future development potential. Outlots A and C are already sold, making this the last remaining opportunity within this highly sought-after development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Excelsior
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.7019
- Latitude
- 44.9033
