4091 Maciver Ave Saint Michael, MN 55376
This exceptional 1.74-acre pad site in St. Michael, Minnesota, presents a unique opportunity for commercial development. Located at 4091 Maciver Ave NE, at the intersection of Hwy. 241 and Larabee Ave NE, this property offers unparalleled visibility and accessibility. The site is zoned PUD, allowing for diverse commercial uses including retail, medical offices, and childcare facilities. With a total buildable area of up to 15,000 square feet and a minimum divisible space of 2,000 square feet, this property is ideal for a variety of development scenarios. The property's location within the thriving "Town Center" district benefits from recent significant commercial growth fueled by a burgeoning residential population, high-ranking schools, low unemployment, and easy access to I-94. This prime location ensures high traffic volume and strong potential for return on investment. The parcel's APN is 114-304-000020, and it's situated in Wright County, MN, zip code 55376. The property is available for sale, ground lease, or build-to-suit options, making it a flexible and attractive investment opportunity. Limited commercial land remains in this rapidly growing area, making this a truly exceptional offering. This is a rare chance to capitalize on the continued expansion of St. Michael's commercial sector.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.