$4,480,000
●
Land -
Active
1X Hwy 169
Jordan, MN 55709
Studio
0 Bath
$22,211
Est. Monthly
About This Property
Great Highway 169 visibility! 60+ acres at the site of the City of
Jordan's New Interchange. The property is guided for commercial use
and there is more land available. Great access to Hwy 212 &
Shakopee. City sewer & water. Potential to subdivide. Jordan is a
growing area just south of Shakopee and 34 miles from the
airport.
22 -/+ acres Guided for Highway Commercial & Light Industrial. Just off Hwy 169. Sewer and water
available. Additional land available. Up to 81 -/+ acres.
Great Location near New Jordan Interchange. 7 acres of Industrial and Commercial land. Just south of Shakopee off Hwy 169. EZ access to Hwy 212 & Hwy 169. Scott County is one of the fastest-growing counties in MN. Strong Labor force, 2022 estimate
of 87,460. The county has tailored support & incentives for businesses. Scott County is within the 7 County Metro area with access to major transportation networks. Growing population, strong schools and community, affordable living, and housing availability.
22 -/+ acres Guided for Highway Commercial & Light Industrial. Just off Hwy 169. Sewer and water
available. Additional land available. Up to 81 -/+ acres.
Great Location near New Jordan Interchange. 7 acres of Industrial and Commercial land. Just south of Shakopee off Hwy 169. EZ access to Hwy 212 & Hwy 169. Scott County is one of the fastest-growing counties in MN. Strong Labor force, 2022 estimate
of 87,460. The county has tailored support & incentives for businesses. Scott County is within the 7 County Metro area with access to major transportation networks. Growing population, strong schools and community, affordable living, and housing availability.
Unit Size
-
Days on Market
-
Land Size
61.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
$213
HOA Dues
-
Year Built
-
Listed By
Yvonne Perkins
Edina Realty, Inc.
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 months ago (RMLS #NST6523680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | Listed by Edina Realty, Inc. | $4,480,000 | |
| Listed by Edina Realty, Inc. | |||
Property Highlights
Exterior Details
Lot Size Area: 61.865
Lot Size Units: Acres
Lot Size Acres: 61.865
Lot Size Square Feet: 2694839.4
Lot Size Dimensions: 2289x1290
Financial Details
Tax Annual Amount: $2,558
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About Bovey
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Listed by: Yvonne Perkins, Edina Realty, Inc.
Last Updated: 9 months ago
Data Source: RMLS, MLS# NST6523680
Last Updated: 9 months ago
Data Source: RMLS, MLS# NST6523680
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Lee Chuan Lin are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Lee Chuan Lin is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lee Chuan Lin, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Some IDX listings have been excluded from this website. Data last updated: 2026-11-07.
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Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
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