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633 Concord St
South Saint Paul, MN 55075

Land For Sale · 3.04 AC

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Investment Highlights

I-494 visibility to over 100,000 VPD

Options to purchase, lease, or build to suit deal structures

Executive Summary

Concord: 10,500 VPD (2017)
Hwy-494: 103,520 VPD (2022)

PROPERTY FACTS Under Contract

Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Ground Lease (Leased Fee) Build to Suit Lease Option Redevelopment Project	Proposed Use	Retail
No. Lots	1	Total Lot Size	3.04 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
Sale Conditions	Ground Lease (Leased Fee) Build to Suit Lease Option Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail
Total Lot Size	3.04 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$2,500,000	Lot Size	3.04 AC
Price Per AC	$822,368

Price	$2,500,000
Price Per AC	$822,368
Lot Size	3.04 AC

Lot has access from: North: 10,500 VPD (2017) South: 103,520 VPD (2022)

Description

Fast Facts: 3.19 acre land parcel Qualified Opportunity Zone I-494 visibility to over 100,000 daily vehicles Purchase, ground lease, or BTS deal structure Demolition recently completed on prior office tower.

PROPERTY TAXES

Parcel Numbers	Multiple 36-31800-01-022 36-31800-01-021	Improvements Assessment	$983,300
Land Assessment	$859,700	Total Assessment	$1,843,000

PROPERTY TAXES

Parcel Numbers

Multiple

36-31800-01-022
36-31800-01-021

Land Assessment

$859,700

Improvements Assessment

$983,300

Total Assessment

$1,843,000

zoning

Zoning Code	PUD (General Business with PUD overlay Property is currently under contract - 7.23.24)
PUD (General Business with PUD overlay Property is currently under contract - 7.23.24)

Learn More About Investing in Land

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Listing ID: 30442817
Date on Market: 12/26/2023
Last Updated:
Address: 633 Concord St, South Saint Paul, MN 55075

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