Exceptional Commercial Property Opportunity
$599,000
121st Ave N & Business Park Blvd N, Champlin, MN 55316
0.93 acres
Lot Area
14.8
Price Per Sqft
Details:
Highlights:
- Prime suburban commercial location
- Immediate access to Highway 169
- Adjacent to high-traffic Super Target
- Fully shovel-ready with Full utilities available
- Flat, development-ready land
- Limited commercial land in Champlin (This site is shown as the only remaining sub-acre lot)
- Flexible development options (retail, office, medical, mixed-use)
- Owner financing available
- Middle to upper-middle income family households
- High demand for retail and service businesses
Description:
Prime Location
• National Retail Synergy: Being next to a Super Target generates significant cross-shopping traffic. The property's flexible development potential makes it ideal for retail, service, office, or mixed-use applications, attracting fast-casual dining, quick-service retail, urgent care clinics, and boutique services. The "Shadow Anchor Status" next to a Super Target allows this site to capture "spillover" traffic from shoppers already visiting the center.
Shovel-Ready Status
• Lower Capital Expenditure: "Shovel-ready" raw land with on-site utilities saves developers months of site work and significant infrastructure costs. The optimized near-square site footprint enables efficient building layouts, maximizing space for an ~8,000 square-foot facility. The most expensive aspect of commercial development is connecting water, sewer, gas, and electricity. With these utilities ready, developers can start building immediately, reducing carrying costs.
Scarcity Factor
• Identified as one of the last remaining commercial parcels of its size in Champlin, these fully prepped lots under 1 acre are rare. They attract mid-sized corporate tenants, fast-casual dining chains, and local banks seeking prime visibility without a large footprint. When highly specific commercial lots become rare, standard valuation metrics change.
Documents:
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Champlin_OM_Flyer.pdf
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Location
Gallery