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1515 Central Pky - Eagan Development Lot

1 Acre of Commercial Land in Eagan, MN 55121

INVESTMENT HIGHLIGHTS

  • Located across from Central Commons shopping
  • Less than 10 minutes to the Minneapolis-St. Paul International Airport
  • Adjacent to the Eagan Community Center and Central Commons

EXECUTIVE SUMMARY

We will listen to any reasonable offer. Our comps suggest a price of around $20+ psf but motivated to sell for the right use. The owners or Eagan Central will subdivide this lot as they have more parking than they need 8:1,000 and 6:1000 is sufficient. The city is saying they want to know the use before we proceed with the subdivision/rezoning approval. The city is open to zone for logical uses such as: a Bank, Retail or Medical Clinic but is not open to a fast food drive-in use. The city wants the potential use identified before owners submit to subdivide and rezone. Site is at a controlled intersection at Quarry Drive and across from Hy-Vee and the Eagan Central Shopping Center.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Design & Build
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Medical
Total Lot Size 1.00 AC

1 LOT AVAILABLE

Lot

Lot Size 1.00 AC

City is open to medical, retail uses, financial services, etc. Upon identifying the use, we will need to subdivide the lot and receive rezoning. The city has been supportive of this process but wants the formal process to coincide with the user.

DESCRIPTION

The lot is situated in the heart of Eagan Commons, just steps away from 20 restaurants, Hy-Vee, Aldi, Goddard School/Goddard Childcare and Hobby Lobby. This prime location across from the Eagan Community Center offers ample opportunities to stay active with walking trails and a state-of-the-art fitness center. With easy access to major highways and just minutes from the airport and downtowns via 35E & 494, this location is the ideal location to help your business thrive. The property is currently zoned RD/Research & Development, however, the City is open to retail or medical office on the site subject to rezoning conditions. The City is not open to drive-thru retail.

ZONING

Zoning Code RD/Research & Development (We have discussed with the city to rezone to allow for medical and retail type use. Retail could be a strip center or stand alone restaurant.)
RD/Research & Development (We have discussed with the city to rezone to allow for medical and retail type use. Retail could be a strip center or stand alone restaurant.)
  • Listing ID: 30189058

  • Date on Market: 29/11/2023

  • Last Updated:

  • Address: 1515 Central Pky, Eagan, MN 55121

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