16850 Territorial Rd, Maple Grove, MN 55369
For Sale
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This exceptional 24.07-acre commercial and residential land parcel, located at 16850 Territorial Road in Dayton, Minnesota (zip code 55369), presents a unique investment opportunity. Zoned for Agricultural Districts (A-1), the property is ideally suited for a variety of mixed-use developments, including high-density housing, medical offices, retail spaces, and townhomes. The site boasts immediate access to the Dayton Parkway/I-94 Interchange, providing excellent visibility and convenient access to major transportation arteries. Its strategic location offers proximity to Highway 81, I-94, and Highway 610, ensuring strong connectivity to regional employment centers. Nearby amenities include the Maple Grove Parkway retail and medical corridor and Elm Creek Park Reserve. Significant employment opportunities are within close proximity, encompassing FedEx, Clam, Maple Grove Hospital, and Boston Scientific. The property features existing sewer access and water availability at the property line. Further enhancing its appeal, over 3 million square feet of new industrial development is underway or planned within a two-mile radius, along with over 1,000 new for-sale housing units. This prime location, coupled with its zoning and infrastructure, makes this a compelling investment prospect. The asking price is $3,800,000. APN: 3212022320002 3212022320001 3212022310003. Due diligence materials are available upon request. Additional land may also be available. Served by Osseo Area ISD 279.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.