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    OFF-MARKET
    Commercial real estate

    4040 33 St, St. Cloud, MN 56301

    8.08 ac lot
    Property ID
    US46-1165717
    Property summary
    AI-generated overview

    This exceptional commercial land parcel, located at 4040 33rd St S in St. Cloud, Minnesota (zip code 56301), presents a unique investment opportunity. The property boasts a sizable lot ranging from 8.08 to 21.32 acres, offering significant development potential. Its strategic location is poised to benefit from the projected southward expansion of St. Cloud, driven by the physical boundaries of neighboring municipalities. The land is adjacent to several upscale residential subdivisions currently underserved by essential amenities such as grocery stores, convenience stores, and other service businesses, creating a strong demand for commercial development. Preliminary plans envision a YMCA on the site, and the property is approved for 287 multi-family units, complementing the nearby 280-acre Neenah Creek Park. Other potential uses include assisted living facilities, office spaces, banking institutions, restaurants, and retail establishments. Extensive due diligence has already been conducted, including soil borings, wetland delineations, environmental assessments (EAW), environmental reviews, stormwater management studies, flood plain studies, hydrologic and hydraulic analyses, and more. This comprehensive preparation streamlines the development process, minimizing potential delays and uncertainties. This is a rare opportunity to acquire a large, well-situated parcel in a rapidly growing area of St. Cloud, Minnesota. The land's versatility and strategic location make it an ideal investment for developers seeking to capitalize on the increasing demand for commercial and residential properties in this thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8.08 ac (351,965 SF)
    UPID US46-1165717
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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