4651 Kings Pt Rd, Minnetrista, MN 55331
This exceptional 2.17-acre commercial land parcel presents a prime retail development opportunity in Minnetrista, Minnesota. Located at the intersection of Highway 7 and Kings Point Road, this Planned Unit Development (PUD) site is situated within a thriving master-planned community. The community's development includes a 148-unit luxury apartment building, currently under construction with an anticipated completion in Fall 2024, and a new Mackenthun's grocery store, slated to begin construction in Spring 2023. This family-owned grocery store has served the community for over 100 years, providing a strong anchor tenant for the development. The property's location within Hennepin County, specifically at 4651 Kings Point Rd, Minnetrista, MN 55331 (APN 34-117-24-33-0064), benefits from strong demographics and a growing population base. Ideal for destination retail or service-oriented businesses such as daycare centers or dental offices, this site offers significant potential for investors seeking a high-growth area. The property's zoning as a PUD ensures a streamlined development process, making it an attractive investment for those seeking a well-positioned commercial development opportunity in a rapidly expanding community. This is a rare chance to be part of a vibrant mixed-use project in the west metro area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.