TBD 34th Avenue

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TBD 34th Avenue

Owatonna, MN 55060
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset comprising 61.92 total acres available for purchase.
  • Property is situated within the city limits of Owatonna, Minnesota.
  • Expansive site area provides flexible options for large-scale development projects.
  • Ideal location for industrial, distribution, or significant commercial business use.
  • Well-positioned to leverage the economic base of the southern Minnesota region.

What's Special

This 61.92-acre commercial land parcel in Owatonna, Minnesota, is available for sale, presenting a significant development site for investors or businesses seeking expansion space. Situated within a growing regional hub, the site offers substantial acreage suitable for large-scale commercial, industrial, or mixed-use projects. Owatonna maintains a steady economic profile as part of the broader southern Minnesota landscape, benefiting from accessible infrastructure and proximity to major regional transit corridors. The sheer scale of this tract allows for flexible master planning to accommodate distribution centers, corporate campus facilities, or expansive commercial retail developments. Developers and land investors will find the raw utility of this expansive site advantageous for long-term growth and capital appreciation in a stable Midwest market. With its strategic location, the property provides a foundational opportunity for commercial growth in a well-established community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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