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    OFF-MARKET
    Land

    0 Highway 23, Cold Spring, MN 56320

    5.62 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.62-acre commercial land parcel presents a unique investment opportunity in Cold Spring, Minnesota. Strategically located on Highway 23, this property boasts excellent visibility and accessibility, ensuring high traffic exposure for any commercial venture. Situated within the thriving River Links Development, the land benefits from its proximity to a well-established residential community of approximately 215 lots, complete with parks and walking paths. The property's General Commercial zoning allows for a wide range of development possibilities, catering to diverse business needs. The location offers easy access to the heavily trafficked Highway 23, providing convenient commutes for employees and customers alike. This prime location within the rapidly expanding city limits of Cold Spring ensures strong future growth potential. The land is priced at $3 per square foot, representing a compelling value proposition for developers and investors seeking a strategic foothold in this dynamic market. The immediate proximity to the River Links entrance provides exceptional visibility and potential for synergistic business opportunities. This parcel offers significant potential for a variety of commercial uses, making it an ideal investment for those seeking high-impact exposure and strong community ties. The property's size and location make it an attractive option for businesses seeking to establish a presence in a growing area with excellent infrastructure and access to a substantial residential population.

    Property profile
    Verified
    Property type Land
    Lot 5.62 ac (244,807 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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