1501 Broadway St, Monticello, MN 55362
This exceptional 3.11-acre commercial lot presents a rare investment opportunity in the thriving city of Monticello, Minnesota. Strategically located on East Broadway Street, this property boasts unparalleled visibility and accessibility due to its proximity to major roadways, retail centers, and numerous community amenities. The high-traffic area ensures consistent exposure for any commercial venture. Zoned for commercial use, the possibilities are vast, encompassing retail establishments, office spaces, restaurants, or service-oriented businesses. The property's excellent infrastructure includes readily available utilities, simplifying development and operational processes. Easy access to major highways facilitates both regional and local connectivity, enhancing logistical efficiency. Monticello's steady population growth and vibrant community atmosphere create a strong foundation for sustained success. With its ideal blend of size, location, and potential, this 2,459 square foot lot offers a unique chance to capitalize on Monticello's flourishing market. Don't miss this chance to secure a prominent position in a dynamic and growing community.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.