680 Industrial Dr SE, Elgin, MN 55932
For Sale
This exceptional 1.16-acre commercial lot is the last remaining parcel in the desirable Elgin Industrial Park, located at 680 Industrial Drive SE, Elgin, MN 55932. Boasting Commercial Industrial zoning, this property offers unparalleled opportunities for businesses seeking a strategic location in Wabasha County. The lot is serviced by city water and sewer, ensuring seamless infrastructure connectivity. Priced at $1.25 per square foot, this represents a significant value proposition, especially considering the potential availability of business incentives. This is a rare opportunity to secure a prime piece of land in a thriving industrial park. Don't miss out on this chance to establish your business in a well-located and fully-serviced environment. The property's convenient location provides easy access to transportation networks and essential amenities. Act quickly, as this is the only remaining lot. The land is ready for immediate development, making it an ideal choice for businesses seeking a quick and efficient start-up process. This is a truly exceptional opportunity for businesses seeking a strategic location in a growing community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.