Commercial Land in Woodbury, Minnesota, presents a lucrative investment opportunity for those looking to tap into the city's growing economy. With a population of approximately 75,000, Woodbury offers a diverse range of investment options, including commercial land, which can be used for various purposes such as retail, office, or industrial development. Investing in commercial land in Woodbury can provide a steady stream of income and long-term appreciation in value. The city's strategic location, excellent infrastructure, and amenities like the HealthEast Sports Center and Central Park make it an attractive destination for businesses and residents alike. Additionally, Woodbury's proximity to Saint Paul and the Minneapolis–Saint Paul metropolitan area provides easy access to a large and diverse market. The city's strong economy, driven by major industries like insurance, healthcare, and financial services, ensures a high demand for commercial properties, making commercial land a valuable investment opportunity.
Woodbury's commercial land market offers a range of options, with 7 listings currently available. The average price per square foot for commercial land in Woodbury is , and the average size of available parcels is 10,000 square feet, with the largest parcel spanning 10,000 square feet. With an average cap rate of , commercial land investments in Woodbury can provide a strong return on investment. In addition to commercial land, Woodbury also offers other property types, including residential land, office buildings, and retail spaces. The city's diverse economy and excellent infrastructure make it an attractive destination for businesses and investors alike, with major employers like State Farm Insurance, 3M, and Dean Foods/Land O'Lakes calling Woodbury home. Overall, Woodbury's commercial land market presents a compelling investment opportunity for those looking to tap into the city's growth and prosperity.
What are common commercial uses for land in the Woodbury market?
Commercial land for sale in Woodbury, Minnesota, is often utilized for various purposes, including retail centers, office spaces, and healthcare facilities, given the city's strong presence of industries like insurance, financial services, and healthcare. With 7 available listings, investors and developers can explore opportunities for commercial development, such as building restaurants, banks, or medical offices, that cater to the needs of Woodbury's population of around 75,000 residents.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Woodbury, Minnesota, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a commercial real estate broker, or explore online marketplaces like LoopNet, where you can find 7 available listings of commercial land for sale, with an average price per square foot of and an average size of 10,000 square feet, ranging up to 10,000 square feet.
Before making a purchase, it's essential to understand the process and factors to consider, which is why we recommend reading our article on how to buy land, a valuable resource for investors looking to navigate the complexities of land acquisition. By doing so, you'll be well-equipped to make an informed decision and find the perfect piece of land to suit your development project needs in Woodbury.
