1430 W 280th St

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1430 W 280th St

New Prague, MN 56071
Asking Price
$1.30M
Asset Type
Land
Class
Class B

What's Special

1430 West 280th Street is located in Scott County, situated just west of the city limits of New Prague, Minnesota. The property sits within a transition zone between the city’s established industrial sites and the surrounding rural agricultural landscape. The site offers convenient access to Minnesota State Highway 19, which serves as a primary east-west corridor connecting the area to Interstate 35 and U.S. Highway 169. Nearby amenities include localized manufacturing facilities, agricultural service providers, and the diverse retail and professional services found within the New Prague commercial district. The property is suited for industrial or commercial development consistent with Scott County and New Prague zoning standards. Ideal use cases include light manufacturing, large-scale warehousing, or regional distribution centers that benefit from the area's logistical positioning. Typical tenants or owner-occupiers for this land parcel would likely include logistical companies, construction services requiring outdoor storage, or manufacturing firms looking to capitalize on the region’s growing industrial base. The site’s topography and proximity to municipal infrastructure support a wide range of long-term commercial applications.

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

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