Address:
14474 West Freeway Drive
Columbus, MN 55025

County: Anoka (northeast of Minneapolis)

Pricing:
check out the comps below and make an offer directly to the owners >>

Owners will consider a joint venture.

• Excellent land with superb freeway visibility
• Public Utilities are in! (electric, natural gas, sewer, storm sewer, telephone, water)
• 85,000 ADT per day drive by the subject property on I-35
• 60-foot wide road connects the property to Running Aces Race Track
• 25-minute drive to Minneapolis / St. Paul and the Twin Cities International Airport.
• For Sale by Motivated Owners (negotiate directly)

1. In 2003, Gander Mountain purchased approximately 15 acres (10 acres high land, 5 acres wet land) at a rate of $4.64/sf or $3,032,000. At this time, the property did not have any utilities. Gander operates outdoor sporting goods stores throughout the United States.
2. In 2006, Wal Mart made an offer to purchase 27.8 acres and agreed to pay $5.35/sf or $6,680,000. At the time, there were no utilities and 90% of the 27.8 acres was wet land. Their development plans changed and they were forced to withdraw.
3. In May 2007 the City of Columbus purchased an easement for utility and drainage. The purchase price was $7.25/sf for 17,000 sf or $123,000.