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    For Sale (30)

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    RV Lot with Finished Building
    $39,950
    0.11 Acres

    RV Lot with Finished Building

    RV lot with hookups and finished building near Brainerd Lakes.

    28668 Hurtig Rd, Pequot Lakes, MN 56472
    View details
    RV Lot with Hookups
    $33,950
    0.11 Acres

    RV Lot with Hookups

    RV lot with pad and hookups in Pequot Lakes.

    28668 Hurtig Rd, Pequot Lakes, MN 56472
    View details
    Pequot Lakes RV Lot
    $32,000
    0.11 Acres

    Pequot Lakes RV Lot

    RV lot with concrete pad near lakes area amenities.

    28668 Hurtig Rd, Pequot Lakes, MN 56472
    View details
    Sylvan Lake Premier Lakeshore Living
    $550,000
    1.80 Acres

    Sylvan Lake Premier Lakeshore Living

    Exceptional 1.8-acre property with over 200 feet of shoreline.

    W Lake Ridge Dr SW, Pillager, MN 56473
    View details
    RV Park Investment Opportunity
    $599,900
    0.11 Acres

    RV Park Investment Opportunity

    RV park with 97 lots for long-term investment.

    Tbd Hurtig Rd, Pequot Lakes, MN 56472
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    RV Lot in Pequot Lakes
    Contact for pricing
    0.11 Acres

    RV Lot in Pequot Lakes

    RV lot with concrete pad and park amenities.

    28668 Hurtig Rd, Pequot Lakes, MN 56472
    View details
    Scenic Land in Rolling Hills
    Contact for pricing
    1.10 Acres

    Scenic Land in Rolling Hills

    1+ acre corner lot near Montevideo, Minnesota.

    6007 Rolling Hills Dr SW, Montevideo, MN 56265
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    RV Lot with Bunkhouse
    $53,900
    0.11 Acres

    RV Lot with Bunkhouse

    RV lot with bunkhouse and utility hookups in Pequot Lakes.

    28668 Hurtig Rd, Pequot Lakes, MN 56472
    View details
    Waite Park Commercial Opportunity
    Contact for pricing
    743 SF

    Waite Park Commercial Opportunity

    Commercial unit on a busy road in Waite Park.

    510-1/2 3Rd St N, Waite Park, MN 56387
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    Land with Development Potential
    $118,000
    2.23 Acres

    Land with Development Potential

    Two-acre property with high visibility and development potential.

    7066 Wels Ave, Brainerd, MN 56401
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    Downtown Montevideo Office Building
    Contact for pricing
    0.28 Acres

    Downtown Montevideo Office Building

    3500 SF office building in Montevideo's historical downtown.

    416 N 1St St, Montevideo, MN 56265
    View details
    Highway 12 Office Space
    Contact for pricing
    1.47 Acres

    Highway 12 Office Space

    Move-in-ready office space with shared amenities in Willmar, MN.

    2320 Highway 12 E, Willmar, MN 56201
    View details
    Residential Land in Baxter, MN
    $59,900
    0.85 Acres

    Residential Land in Baxter, MN

    Residential land for sale, wooded lot with river view.

    Tbd Eagle Rdg, Baxter, MN 56425
    View details
    Multifamily Property with Historic Charm
    $899,900
    0.53 Acres

    Multifamily Property with Historic Charm

    Well-maintained 9-unit multifamily property with historic charm and modern updates.

    215 S 5Th St, Montevideo, MN 56265
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    Versatile Commercial Space in Vesta
    $49,000
    0.13 Acres

    Versatile Commercial Space in Vesta

    Affordable commercial space ideal for various business ventures or personal projects.

    175 S Broadway St, Vesta, MN 56292
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    Lot in Preserve RV Park
    Contact for pricing
    0.11 Acres

    Lot in Preserve RV Park

    RV park lot with electric hookup and bath facilities.

    28668 Hurt, Pequot Lakes, MN 56472
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    Lot in Preserve RV Park
    Contact for pricing
    0.11 Acres

    Lot in Preserve RV Park

    RV park lot with electric hookup and bath facility.

    28668 Hurtig, Pequot Lakes, MN 56472
    View details
    Hardy Lake Land Opportunity
    $239,900
    0.56 Acres

    Hardy Lake Land Opportunity

    Residential land near Baxter, MN, with lake access.

    13946 Hardy Lake Rd SW, Pillager, MN 56473
    View details
    Affordable Commercial Buildings in Brainerd
    $59,900
    2.52 Acres

    Affordable Commercial Buildings in Brainerd

    Versatile commercial buildings or storage units in prime Brainerd location.

    15770 Dellwood Dr, Brainerd, MN 56401
    View details
    Squaw Lake Acreage Near State Land
    $39,900
    11.37 Acres

    Squaw Lake Acreage Near State Land

    11.4 acre parcel bordering state land, ideal for outdoor adventures.

    51801 Townhall Rd, Squaw Lake, MN 56681
    View details
    Established Printing Business For Sale
    $1,400,000
    0.03 Acres

    Established Printing Business For Sale

    Turnkey printing business with property for sale in Litchfield, MN.

    826 N Sibley Ave, Litchfield, MN 55355
    View details
    Wooded Land Near Crosslake
    $139,900
    5.00 Acres

    Wooded Land Near Crosslake

    Five-acre wooded lot approved for a three-bedroom home.

    Tbd Pne Ter Rd, Crosslake, MN 56442
    View details
    Residential Lot in Willmar, MN
    Contact for pricing
    0.46 Acres

    Residential Lot in Willmar, MN

    Residential lot with utilities in Willmar, Minnesota.

    3211 1St Ave NW, Willmar, MN 56201
    View details
    Riverside Land in Motley, MN
    $111,449
    3.56 Acres

    Riverside Land in Motley, MN

    3.56-acre riverside property perfect for a dream retreat.

    Tbd Calico Trl, Motley, MN 56466
    View details
    Land on Crow Wing River
    $125,999
    5.79 Acres

    Land on Crow Wing River

    5.79 acres of serene beauty along the Crow Wing River.

    Xxx Calico Trl, Motley, MN 56466
    View details
    RV Lot in Growing Park
    $30,999
    0.11 Acres

    RV Lot in Growing Park

    RV lot with pad, water and sewer included.

    28668 Hurtig Rd, Pequot Lakes, MN 56472
    View details
    Nokay Lake Twp Land
    $89,900
    39.48 Acres

    Nokay Lake Twp Land

    40 acres near Brainerd with buildable area and creek.

    40 Acres Hwy 18, Brainerd, MN 56401
    View details
    Waite Park Office Unit
    Contact for pricing

    Waite Park Office Unit

    743 SF office unit on a busy road.

    510-1/2 3Rd St N, Waite Park, MN 56387
    View details
    Affordable Flex Space For Sale
    $59,900
    800 SF

    Affordable Flex Space For Sale

    Flex space with multiple uses in a prime location.

    15770 Dellwood Dr, Brainerd, MN 56401
    View details
    Commercial Land in Montevideo, MN
    Contact for pricing

    Commercial Land in Montevideo, MN

    Commercial land available at the intersection of N 1st Street.

    416 N 1St St, Montevideo, MN 56265
    View details

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    Weichert,Realtors-Tower Properties
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Weichert,Realtors-Tower Properties
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