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5672 Highway 70 - I-35 Commercial Land

37.95 Acres of Commercial Land Offered at $549,000 in Pine City, MN 55063

Investment Highlights

  • High Traffic Location on I-35
  • High Visibility

Executive Summary

Discover 37.95 acres of prime commercial land strategically located at the southwest junction of US I-35 and Hwy 70 in Rock Creek/Pine City, MN. Zoned C-1, this property supports a wide range of goods and services, ideal for retail, professional services, dining establishments, manufacturing, and more. The land offers a billboard lease, approx. 388 ft of frontage along US I-35, 473 ft along the US I-35 southbound on-ramp, and 675 ft along State Hwy 70, ensuring excellent visibility. Neighboring businesses include Cemstone Concrete, Federated Co-op, Rock Creek Park, Cricket Bar, Time Out Sports Bar & Grill, and Rock Creek Pit Stop. Utilities include available electricity, with well and septic systems and LP gas typical for rural commercial sites. Located midway between the Twin Cities and Duluth, Pine County is a tourism hub with two state parks and five state forests. This property, with its strategic location and diverse development opportunities, is perfect for your commercial needs.

Data Room Click Here to Access

Financial Summary (Actual - 2024)

Annual Annual Per AC
Taxes $1,258 $33.15
Operating Expenses - -
Total Expenses $1,258 $33.15

Financial Summary (Actual - 2024)

Taxes
Annual $1,258
Annual Per AC $33.15
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $1,258
Annual Per AC $33.15

Property Facts

Price $549,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Convenience Store
  • Distribution
  • Fast Food
  • Industrial Park
  • Medical
  • Office Park
  • Storefront, Retail or Office
Total Lot Size 37.95 AC

1 Lot Available

Lot

Price $549,000
Price Per AC $14,466
Lot Size 37.95 AC

Discover 37.95 acres of prime commercial land strategically located at the southwest junction of US I-35 and Hwy 70 in Rock Creek/Pine City, MN. Zoned C-1, this property supports a wide range of goods and services.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
043.0344.000
Land Assessment
$203,700
Improvements Assessment
$0
Total Assessment
$203,700
Annual Taxes
$1,258
Tax Year
2024 Payable 2024

zoning

Zoning Code C1 (This property supports a wide range of goods and services, ideal for retail, professional services, dining establishments, manufacturing and more.)
C1 (This property supports a wide range of goods and services, ideal for retail, professional services, dining establishments, manufacturing and more.)
  • Listing ID: 32580080

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 5672 Highway 70, Pine City, MN 55063

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