2 Interstate-35 And County Rd Northfield, MN 55020
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.