16850 Territorial RdMaple Grove, MN 55369

For Sale
$3,800,000

24 Acres, Mixed-Use Potential, I-94 Access

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 24.07-acre commercial and residential land parcel, located at 16850 Territorial Road in Dayton, Minnesota (zip code 55369), presents a unique investment opportunity. Zoned for Agricultural Districts (A-1), the property is ideally suited for a variety of mixed-use developments, including high-density housing, medical offices, retail spaces, and townhomes. The site boasts immediate access to the Dayton Parkway/I-94 Interchange, providing excellent visibility and convenient access to major transportation arteries. Its strategic location offers proximity to Highway 81, I-94, and Highway 610, ensuring strong connectivity to regional employment centers. Nearby amenities include the Maple Grove Parkway retail and medical corridor and Elm Creek Park Reserve. Significant employment opportunities are within close proximity, encompassing FedEx, Clam, Maple Grove Hospital, and Boston Scientific. The property features existing sewer access and water availability at the property line. Further enhancing its appeal, over 3 million square feet of new industrial development is underway or planned within a two-mile radius, along with over 1,000 new for-sale housing units. This prime location, coupled with its zoning and infrastructure, makes this a compelling investment prospect. The asking price is $3,800,000. APN: 3212022320002 3212022320001 3212022310003. Due diligence materials are available upon request. Additional land may also be available. Served by Osseo Area ISD 279.

Highlights

  • Mixed-use zoning allows for high-density residential, medical, retail, and townhome development.
  • Located within Osseo Area Schools (ISD 279).
  • Direct access to the newly opened Dayton Parkway/I-94 interchange.
  • High visibility location on a growing Hwy 81 corridor.
  • Convenient access to I-94 and Hwy 610.
  • Near the established Maple Grove Parkway retail and medical district.

Property Details for 16850 Territorial Rd

Property type
Other office properties, Other land
Lot Size (sq. ft)
1,048,489 SF

Location Insight

City
Maple Grove
County
Hennepin
State
Minnesota
Latitude
45.157795
Longitude
-93.4963
16850 Territorial Rd, Maple Grove, Minnesota

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16850 Territorial Rd
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