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1300 New Brighton Blvd - Mpls I35W Frontage Development Opportunity 5.32 Acres of Industrial Land in Minneapolis, MN 55413
INVESTMENT HIGHLIGHTS
- 5.32 Acres in the Heart of the Minneapolis Northeast/Quarry
- Grandfathered Truck & Trailer Parking Use
- Great Visibility and Access from Interstate 35W with 110,000+ VPD (MNDot)
- 100% Rented - 3 Tenants
- City Use Restrictions provides for great upside in its leasing potential
- Less than two miles from downtown Minneapolis
EXECUTIVE SUMMARY
This 1300 New Brighton Blvd site, located right on Interstate 35 West (I-35W) in Northeast Minneapolis, is 100% leased to truck & trailer parking users. The use is no longer allowed by the city of Minneapolis, making the "grandfathered" use a Unicorn. I-35W is the main thoroughfare in and out of downtown Minneapolis for those traveling from the northeast suburbs of the Twin Cities Metro. With over 110,000 plus vehicles per day, this site offers incredible visibility and access from either direction. 1300 New Brighton Blvd is part of the Mid City industrial and office area but is directly adjacent to dense city neighborhoods. Additionally, directly across I-35W is the very popular Quarry retail center, featuring anchor tenants such as Target, Home Depot, and Cub Foods.
PROPERTY FACTS
| Sale Type | Investment | Total Lot Size | 5.32 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | PR2 - Production and Processing District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 5.32 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | PR2 - Production and Processing District |
1 LOT AVAILABLE
Lot
| Lot Size | 5.32 AC |
| Lot Size | 5.32 AC |
1 1
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 13-029-24-13-0001 | Improvements Assessment | $147,789 CAD |
| Land Assessment | $2,935,186 CAD | Total Assessment | $3,082,975 CAD |
PROPERTY TAXES
Parcel Number
13-029-24-13-0001
Land Assessment
$2,935,186 CAD
Improvements Assessment
$147,789 CAD
Total Assessment
$3,082,975 CAD
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1300 New Brighton Blvd - Mpls I35W Frontage Development Opportunity
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