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    1 Ave Ranier, MN 56668

    For Sale
    $499,000

    Lots & Land - Ranier, MN

    Lot size:
    3.90 Acres
    Days on Market:
    275
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1 Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Lot,Other,Residential-Multi-Family,Residential-Single Family
    APN
    9800131000
    Lot size
    3.90 Acres

    Building Details

    Architectural style
    Other

    National Realty Guild (651) 330-8001 [email protected]

    Listing agent Brenda A. Nichols (651) 330-8001

    Listing date Mar 6, 2025

    MLS# 6679469 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ranier Mixed-Use Development Opportunity

    This property presents a rare opportunity to own acreage suitable for a mixed-use development in Ranier. The location offers many possibilities, including single-residential, multi-residential, and business or commercial development, subject to Ranier Town Center zoning regulations. Parcels may be sold separately. Situated in the village of Ranier, the property is near Rainy Lake and River. Rainy Lake spans over 230,000 acres. The property is within a short walk of Rainy Lake and close to recreational activities such as Voyageurs National Park, bike trails, a boat launch, public beaches, restaurants and bars, neighborhood parks, and a hotel and distillery. The location is convenient, with an easy drive to an international airport. The zoning allows for business/commercial, lot, residential-multi-family, and residential-single family uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ranier
    County
    Koochiching
    State
    Minnesota
    Longitude
    -93.34719792
    Latitude
    48.60968994

    FAQs

    What type of property is this?
    Land - Acreage in Ranier suitable for residential or commercial development.
    Where is this land located?
    The property is located at 1 Ave Ranier, MN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Acreage in the Village of Ranier offers a unique opportunity.; - Mixed-use development potential for residential and commercial ventures.; - Opportunity to purchase parcels separately.
    (651) 330-8001
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    Ranier, MN 56668
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    Realmo Value Estimation

    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.

    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.

    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
    1 Ave Ranier, MN 56668
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