Property summary
This exceptional 35-acre commercial land parcel presents a unique redevelopment opportunity in Waite Park, Minnesota. Strategically located in Stearns County, at 224 Waite Avenue South, zip code 56387, this property boasts excellent visibility and accessibility. The site is conveniently situated between Waite Avenue South and Highway 15, offering unparalleled exposure. Currently operating as a well-maintained golf course, the land is divisible into three parcels: an 18-acre parcel, a 6-acre… parcel with Highway 15 visibility, and an 11.7-acre parcel also boasting Highway 15 visibility. This prime location offers significant potential for various development projects. The surrounding area features a high density of patio homes, assisted living facilities, and townhomes, creating a strong demand for additional housing options. The existing infrastructure and proximity to essential amenities, including grocery stores, retail shops, restaurants, banks, and entertainment venues, make this an ideal location for multi-family developments, assisted living facilities, or self-storage facilities. The infill nature of the site, combined with its size and location, presents a rare opportunity for developers seeking to capitalize on the thriving St. Cloud market. Consider the potential for 450-500 patio homes in the immediate vicinity. This is a truly exceptional opportunity to acquire a large, divisible parcel in a high-demand area.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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