Property profile

0 Labeaux Ave Hanover, MN 55341

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 14.23-acre commercial lot presents a remarkable development opportunity in Hanover, Minnesota. Located on County Road 19, this property boasts exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures. Zoned for commercial redevelopment and retail uses, the possibilities are extensive. The asking price is $900,000. The property's address is Labeaux Ave NE, Hanover, MN 55341, with GPS coordinates of 45.1657778 latitude and -93.6659622 longitude. This substantial parcel offers developers a chance to capitalize on a high-traffic location within a thriving community. The expansive acreage allows for significant build-out potential, catering to large-scale projects or the creation of multiple commercial units. Given its prime location and zoning, this property represents a compelling investment for those seeking a high-impact commercial development project in a desirable Minnesota market. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is classified as commercial land suitable for redevelopment and retail purposes. This is a rare opportunity to acquire a significant land parcel in a growing area with excellent visibility and access.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Labeaux Ave Hanover, MN 55341
Hanover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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