Technical
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Property profile

0 71St St Otsego, MN 55330

OFF-MARKET
Land
207,346 SF 4.72 ac lot
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Property summary

AI-generated overview

Kittredge Crossings presents a unique investment opportunity in Otsego, Minnesota. This exceptional 4.72-acre parcel boasts a prime location directly north of the thriving Albertville Premium Outlets, ensuring high visibility and accessibility. The land is already rough-graded, simplifying development and saving on preliminary costs. City sewer and water services are readily available, eliminating significant infrastructure hurdles. The property's flexible zoning allows for a variety of commercial and residential development options, catering to diverse investment strategies. The surrounding area is experiencing robust residential growth, with established national homebuilders actively contributing to the expanding community. This translates to a strong potential for both immediate and long-term returns. Furthermore, two contiguous lots are also available for purchase, all priced at a competitive $1 per square foot, offering significant economies of scale for larger-scale projects. This exceptional combination of location, infrastructure, zoning flexibility, and market demand makes Kittredge Crossings an attractive proposition for discerning investors seeking a high-potential development opportunity in a rapidly growing Minnesota market. The total square footage of the land is 207,346 square feet.

Property profile

Verified
Property type Land
Total area 207,346 SF
Lot 4.72 ac (205,603 SF)

Cap rate & NOI

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

Location

71St St Otsego, MN 55330
Otsego 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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