531 8th Street

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531 8th Street

Lafayette, MN 56054
Asking Price
$120K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for sale in Lafayette
  • Located at 531 8th Street, Minnesota 56054
  • Asset is currently offered at an asking price of $119,900
  • Property sits within an established regional commercial submarket
  • Versatile site suitable for a range of development projects

What's Special

This commercial land acquisition at 531 8th Street in Lafayette, Minnesota, serves investors and developers seeking a strategic foothold in this regional market. The property offers a clear site suitable for a variety of commercial business ventures or long-term investment strategies. Lafayette is situated within the broader Minnesota River Valley, providing a central location for local commerce and enterprise. The terrain provides a practical footprint for potential construction projects aligned with local zoning requirements. Whether planning for retail, service, or industrial use, this site accommodates a range of commercial applications. The asset provides a foundation for growth in a community that values economic development and infrastructure accessibility. Prospective buyers can leverage the local market conditions to establish a business presence or expand a real estate portfolio in this established commercial corridor.

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NOI
$80,000
Cap Rate
66.72%
DSCR
11.24
Strong
Cash-on-Cash
202.62%
Monthly Payment
$593.2
Annual Cash Flow
$72,881.603

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