23 And Hwy Foley, MN 56329
- Land
- 7.70 lot acres
Current Use by Public Records
- Land
Property Details for 23 And Hwy
- Lot size
- 7.70 lot acres
- Property type
- Land
Description
This exceptional 7.7-acre commercial land parcel in Foley, Minnesota, presents a unique investment opportunity. Located at the intersection of Highway 23 and Highway 25, this property boasts unparalleled visibility and easy access, making it ideal for a variety of businesses. The asking price is $495,000, translating to $1.48 per square foot. The land is already roughly graded, simplifying development. Utilities are readily available, including city water and sewer services provided by the City of Foley, and Xcel Energy for electricity and gas. The property's strategic location offers significant advantages, with close proximity to established businesses such as McDonald's, Coborn's grocery store, Murphy Chevrolet, Super America, and Kent Precision Foods. The parcel's size and location make it particularly well-suited for an automotive dealership or related businesses, but its versatility allows for a wide range of development possibilities. The property's APN is R 02.00367.00, and it is zoned for commercial use. Furthermore, this parcel is divisible, offering flexibility for potential buyers. This prime location in Benton County, Minnesota, zip code 56329, presents a rare chance to acquire a highly visible and accessible commercial property with significant development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Foley
- County
- Benton
- State
- Minnesota
- Longitude
- -93.9214
- Latitude
- 45.6634
