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Property profile & analytics
OFF-MARKET
Land

2 Interstate-35 And County Rd Northfield, MN 55020

198 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 198-acre industrial land parcel presents a remarkable commercial development opportunity in the thriving community of Northfield, Minnesota. Strategically located at the intersection of Interstate 35 and County Road 2, this property boasts unparalleled accessibility and visibility. The site is zoned Highway Business District, offering a wide range of development possibilities, including retail, and various pad site options. With its substantial acreage and prime location, this land is ideally suited for large-scale commercial projects. The property's location in Rice County, near Elko New Market, MN, places it within a rapidly growing area with strong demographics, ensuring high potential for return on investment. The three associated APNs are 89230090, 89230040, and 89230081. This is a rare chance to acquire a significant tract of land in a high-demand location, perfect for businesses seeking exceptional interstate access and visibility. The property's size and zoning make it suitable for a variety of commercial ventures, capitalizing on the area's robust growth and strong market conditions. Don't miss this opportunity to secure a premier location for your next commercial development. The zip code is 55020.

Property profile
Verified
Property type Land
Lot 198 ac (8,624,880 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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