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Executive Summary

We are pleased to present the Diamond Lake Road and Nicollet Ave Land Proposal, a development-focused land opportunity positioned within an established Minneapolis corridor. The offering provides investors and developers with the ability to evaluate multiple development scenarios across strategically located parcels near Diamond Lake Road W and Nicollet Avenue.
The proposal includes several potential site configurations, allowing flexibility for future residential or mixed-use development planning, subject to applicable zoning, municipal approvals, and buyer due diligence. With strong surrounding neighborhood fundamentals, existing roadway access, and proximity to nearby commercial and residential demand drivers, the property presents a compelling opportunity for a developer seeking an infill land position in a mature urban market.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.32 AC

1 Lot Available

Lot

Lot Size 1.32 AC

Description

Combined Lots/Addresses in Minneapolis: -25 W Diamond Lake Rd -5463 Blaisdell Ave -5401 Blaisdell Ave -15 Diamond Lake Rd -5462 Nicollet Ave -5460 Nicollet Ave

Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Very bikeable
80/100
  • Listing ID: 41962789

  • Date on Market: 2026-09-01

  • Last Updated:

  • Address: 15 W Diamond Lake Rd, Minneapolis, MN 55419

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