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19 <br /> 19 <br />The city has a limited supply of publicly-owned commercial and industrial property. The EDA currently owns <br />seven parcels of commercial and industrial property. Three acres of commercial property is located along <br />Highway 10 frontage near Elk River’s Westside Liquor, and 32.87 acres of light industrial property in both <br />Northstar and Natures Edge Business Parks. <br /> <br />Sherburne County owns 42 acres of shovel-ready property within a city-zoned business park where 33 acres <br />of the property is guided for data center development. Monthly listing email broadcasts are sent to <br />commercial realtors and brokers. On average, each month, 865 real estate professionals receive the emails, <br />and 118 agents open our broadcasted emails. <br />According to Catalyst Research, a Minnesota Commercial Real Estate-driven database, there are 12 privately- <br />owned commercial and industrial parcels of land for sale totaling 103.53 acres in Elk River. <br />Commercial and industrial inventory is limited with only 5 existing properties for sale totaling 98,897 square feet. <br />In 2019, 14 properties sold, which includes both existing properties and land sales totaling $17,454,012. <br />AVAILABLE LAND