4651 Kings Point RdMinnetrista, MN 55331
- Land
- 2.17 AC
Property Details for 4651 Kings Point Rd
- Lot size
- 2.17 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 34-117-24-33-0064
- APU
- 3411724330064
Description
This exceptional 2.17-acre commercial land parcel presents a prime retail development opportunity in Minnetrista, Minnesota. Located at the intersection of Highway 7 and Kings Point Road, this Planned Unit Development (PUD) site is situated within a thriving master-planned community. The community's development includes a 148-unit luxury apartment building, currently under construction with an anticipated completion in Fall 2024, and a new Mackenthun's grocery store, slated to begin construction in Spring 2023. This family-owned grocery store has served the community for over 100 years, providing a strong anchor tenant for the development. The property's location within Hennepin County, specifically at 4651 Kings Point Rd, Minnetrista, MN 55331 (APN 34-117-24-33-0064), benefits from strong demographics and a growing population base. Ideal for destination retail or service-oriented businesses such as daycare centers or dental offices, this site offers significant potential for investors seeking a high-growth area. The property's zoning as a PUD ensures a streamlined development process, making it an attractive investment for those seeking a well-positioned commercial development opportunity in a rapidly expanding community. This is a rare chance to be part of a vibrant mixed-use project in the west metro area.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $17,810,052
- Hospitality
- $16,313,911
- Educational
- $13,572,983
- Medical
- $14,039,778
- Retail
- $21,113,528








Location Insight
- City
- Minnetrista
- County
- Hennepin
- State
- Minnesota
- Latitude
- 44.8941
- Longitude
- -93.7039
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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