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5464 Mountain Iron Drive 1.2 Acres of Commercial Land Offered at $499,900 in Virginia, MN 55792

Commercial Land Parcels Minnesota Virginia 5464 Mountain Iron Drive, Virginia, MN 55792

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Investment Highlights

  • Prime corner-lot visibility just steps from Menards—ideal for capturing nonstop retail traffic
  • Prominent corner lot at one of the Quad Cities’ most trafficked retail intersections.
  • Flexible zoning supports multiple uses such as retail, office, or drive-thru development.

Executive Summary

Available for purchase at $499,900, this high-visibility lot is a prime opportunity for commercial development. It is one of the most prominent vacant parcels in the Quad Cities region, offering flexibility for a range of business concepts. Zoned for Business/Commercial use, the property is well-suited for owners or investors seeking a ready-to-build location with excellent access and strong consumer traffic patterns.

Property Facts

Price $499,900 Property Type Land
Sale Type Investment or Owner User Property Subtype Commercial
Sale Conditions
1031 Exchange
  • Build to Suit
 Proposed Use
Commercial
  • Industrial
No. Lots 1 Total Lot Size 1.20 AC
Zoning Commercial - Commercial (Business District)
Price $499,900
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 1.20 AC
Zoning Commercial - Commercial (Business District)

1 Lot Available

Lot

Price $499,900 Lot Size 1.20 AC
Price Per AC $416,583.33
Price $499,900
Price Per AC $416,583.33
Lot Size 1.20 AC

This finished corner lot spans approximately 1.2 acres and offers excellent visibility along Mountain Iron Drive. Positioned between Menards and Plaza 53 with pylon signage nearby

Description

This 1.2-acre commercial parcel delivers exceptional potential in a vibrant retail corridor of Virginia, Minnesota. Located just steps from Menards and adjacent to Plaza 53, the property benefits from continuous traffic and strong area demographics. The level lot and completed site improvements make it ideal for quick ground-up construction. With its visibility and frontage along a key thoroughfare, the site is positioned for businesses requiring convenient customer access—whether a drive-thru concept, stand-alone retail establishment, or multi-tenant building. Utilities including electricity, natural gas, and broadband are accessible, ensuring ease of integration for future development.

1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 090018001013 Improvements Assessment $0
Land Assessment $48,600 Total Assessment $48,600

Property Taxes

Parcel Number
090018001013
Land Assessment
$48,600
Improvements Assessment
$0
Total Assessment
$48,600
(612) 716-3566

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 29112075

  • Date on Market: 7/26/2023

  • Last Updated:

  • Address: 5464 Mountain Iron Drive, Virginia, MN 55792

The Land Property at 5464 Mountain Iron Drive, Virginia, MN 55792 is currently available for Sale. Contact Advantage Point Realty LLC. for more information.

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5464 Mountain Iron Drive, Virginia, MN for sale Primary Photo- Image 1 of 4
Plaza 53 Outlot
5464 Mountain Iron Drive, Virginia, MN for sale Building Photo- Image 2 of 4
Plaza 53 Outlot Photo South
5464 Mountain Iron Drive, Virginia, MN for sale Building Photo- Image 3 of 4
Plaza 53 Outlot Photo
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5464 Mountain Iron Drive

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