37.54 +/- Acres, Traverse Township, Nicollet County, Minnesota

Description

An exceptional opportunity to acquire approximately 37.54 acres of strategically located land adjacent to St. Peter High School, positioned in an area surrounded by existing development and the city’s current limits. This property offers a compelling opportunity for developers, contractors, investors, and landowners looking to secure future development ground in a growing area.

Located just off U.S. Highway 169, the property offers excellent regional access and visibility, approximately 15 miles north of Mankato and 34 miles south of Jordan. The surrounding development and proximity to St. Peter create a strong location for consideration of future residential, commercial, or mixed-use development, subject to applicable city, zoning, subdivision, and development approvals.

City water and sanitary sewer are located in the street along the north property line, providing valuable infrastructure in close proximity to the property.

The property is currently outside the St. Peter city limits, but is surrounded by the existing city limits boundary, creating an attractive opportunity for an investor or developer considering the property's long-term potential. Any future annexation, zoning changes, subdivision, or development would be subject to applicable governmental approvals.

Key Highlights

• 37.54 acres

• Adjacent to St. Peter High School

• Surrounded by existing development

• Located adjacent to current St. Peter city limits

• City water and sanitary sewer available in the street along the north property line

• Convenient access to U.S. Highway 169

• Approximately 15 miles north of Mankato, MN

• Approximately 34 miles south of Jordan, MN

• Attractive future development and investment opportunity

• Ideal for developers, builders, contractors, and investors

ONE-TIME SEALED BID OFFERING

Sealed bids are due November 4, 2026, by 5:00 PM.

This is an opportunity to acquire a sizeable tract in a strategically located area with significant long-term potential. Whether you are a developer seeking your next project, a contractor looking to control future building ground, or an investor seeking a strategic land holding, this property deserves consideration.

Bid instructions, terms, and additional property information are available upon request.

Directions:

From Superamerica in Saint Peter, MN on Hwy 169 head West on Saint Julien Street for 0.6 miles. Turn left on North Washington Avenue then right on West Traverse Road for 1.3 miles. Property will be located at the intersection of West Traverse Road and 361st Avenue.