55 Park S Ave Saint Cloud, MN 56301-4390
- Commercial real estate
- 30,168 SF
Current Use by Public Records
- Commercial real estate
Property Details for 55 Park S Ave
- Year built
- 1983
- Property size
- 30,168 SF
- Zone code
- C5
- Property type
- Commercial real estate
- APN
- 82.44641.0000
- APU
- 82446410000
Description
This exceptional 3.08-acre development opportunity in St. Cloud, Minnesota, presents a unique chance to acquire a prime retail site. Located at 55 Park Ave S, within the vibrant St. Cloud retail trade area, this property boasts 30,190 square feet of existing space, currently zoned C-5. The asking price is $2,895,000, translating to $95.89 per square foot. The site is "development ready," with significant infrastructure already in place. Utilities, stormwater management, grading, and multiple pylon signs are complete, representing over $600,000 in pre-existing site work. An existing building on-site offers flexibility for reuse or demolition. This property benefits from its location along a primary retail corridor, surrounded by major retailers such as Crossroads Mall, Target, HOM Furniture, and Best Buy, ensuring high visibility and strong traffic flow. The land value alone is $21.58 per square foot. This property offers significant cost savings and expedited development timelines due to the extensive pre-development work already completed. The property's strategic location and infrastructure make it an ideal investment for developers or owner-users seeking a quick path to market entry in a thriving retail environment. The year built for the existing structure is 1983. This is a rare opportunity to capitalize on a fully prepared site in a high-demand retail market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $695,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $871,000
Market price range: $871k - $3.16M
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Location Insight
- Map
- Local Demand
- City
- Saint Cloud
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.2094
- Latitude
- 45.5518
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA