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xxxx 87th St NE 1.16 Acres of Commercial Land in Otsego, MN 55330
Investment Highlights
- ±1.16 acres (±50,530 SF) retail outlot
- Positioned in a fast-growing, high-income trade area
- Located near Hwy 101 & County Rd 39 (87th St NE)
- Strong co-tenancy with national and regional retailers
Executive Summary
This ±1.16-acre Target-anchored retail outlot is offered for sale or build-to-suit leaseback in one of the fastest-growing trade areas northwest of the Twin Cities. Zoned Planned Unit Development (PUD), the site benefits from strong co-tenancy, excellent access, and high traffic counts, making it suitable for single-tenant or multi-tenant retail development
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.16 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot
| Lot Size | 1.16 AC |
| Lot Size | 1.16 AC |
The subject offering consists of a ±1.16-acre (±50,530 SF) retail outlot located at XXXX 87th Street NE, Otsego, MN, shadow-anchored by Target and positioned at the intersection of Highway 101 and County Road 39 (87th Street NE)
Description
Located in Otsego, Minnesota, the Target Outlot Development Site offers ±1.16 acres of commercially zoned land within a high-growth suburban market. The property is shadow-anchored by Target and surrounded by national and regional retailers, with strong regional connectivity to Elk River, Rogers, and the northwest Twin Cities metro. The site is available for land purchase or build-to-suit development.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 118-048-002100 | Improvements Assessment | $282,500 |
| Land Assessment | $95,800 | Total Assessment | $378,300 |
Property Taxes
Parcel Number
118-048-002100
Land Assessment
$95,800
Improvements Assessment
$282,500
Total Assessment
$378,300
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