This exceptional 80-acre industrial land offering presents a unique investment opportunity in St. Cloud, Minnesota. Strategically located near Highway 10, this property boasts three subdividable parcels, each zoned for industrial use. Currently utilized for agricultural purposes, the land features primarily flat topography, minimizing site preparation needs. Its convenient location offers easy access to major transportation arteries, including the Saint Cloud Regional Airport (under 4 minutes away) and Interstate 94 (within 14 minutes). The property's proximity to Highway 10 ensures excellent visibility and accessibility for businesses. The asking price is $2,995,000, translating to $0.88 per buildable square foot. Parcel sizes are approximate and subject to survey. This prime location, combined with its readily developable nature, makes this an ideal site for a variety of industrial uses. The property is situated in Sherburne County and includes parcel numbers 25-00016-2020, 25-0016-1200, and 25-00016-1400. The address is 32nd Street Southeast, St. Cloud, MN 56304. This is a rare opportunity to acquire a significant land holding in a thriving industrial corridor.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.