908 Centennial Pl Minneapolis, MN 55404-1343
This exceptional commercial land offering consists of two parcels totaling 0.6 acres, strategically located in Minneapolis, Minnesota, at 900 and 908 Centennial Place, zip code 55404. The property is zoned DT1, presenting significant development potential. Parcel 900 Centennial Pl (Lot K) encompasses 0.4 acres, while the adjacent parcel at 908 Centennial Pl (Lot K) comprises 0.2 acres. These lots are being sold together as a single unit for a combined asking price of $2,200,000. It's important to note that this listing is contingent upon the simultaneous purchase of a separate property located at 800 10th St South, Minneapolis, listed separately at $1,550,000. The combined purchase price for both properties is $3,750,000. This combined offering presents a unique opportunity for large-scale development in a vibrant downtown Minneapolis location. The Hennepin County address provides easy access to major transportation routes and amenities. Serious inquiries only.
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908 Centennial Pl Parking Parking Lot & Garage
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
Property description
Physical attributes from public recordsZoning & alternative use
B4N · Minneapolis, MNMinneapolis. Always verify with local authorities before improvements.
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.