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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.