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    117 Nelson St Nelson, MN 56355

    For Sale
    $95,000

    Lots & Land - Nelson, MN

    Lot size:
    0.44 Acres
    Days on Market:
    137
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 117 Nelson St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    900083599
    Lot size
    0.44 Acres

    Building Details

    Architectural style
    Other

    First Realty, Inc. (320) 252-4908 [email protected]

    Listing agent Todd J Whiting (320) 252-4908

    Listing date Jul 24, 2025

    MLS# 6760837 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

    Cleared Commercial Lot Ready

    This cleared commercial lot is ready for a new venture. The site offers space to realize a vision, with city sewer, ALP electricity, natural gas infrastructure, and a private well already in place. The City of Nelson completed infrastructure improvements in 2024, including new paved streets, sidewalks, and storm drainage. The property is strategically located approximately 5 minutes from Alexandria and Osakis and borders the Central Lakes Trail, attracting bikers and snowmobilers. The parcel is 0.44 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop Auto Parts Store Grocery Store Bakery Convenience Store Nursing Home Assisted Living Facility Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nelson
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.26416196
    Latitude
    45.88768401

    FAQs

    What type of property is this?
    Commercial land - Cleared commercial lot with utilities in revitalized Nelson corridor.
    Where is this commercial land located?
    The property is located at 117 Nelson St Nelson, MN.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Cleared commercial lot with city sewer, ALP electricity, natural gas, and a private well.; - Prime location bordering the Central Lakes Trail, attracting year-round traffic.; - Strategically located 5 minutes from both Alexandria and Osakis.
    (320) 252-4908
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    117 Nelson St Nelson, MN 56355
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    Nelson, MN 56355
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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
    117 Nelson St Nelson, MN 56355
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