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    1484 Enterprise Dr SE Chatfield, MN 55923

    For Sale
    $62,524

    Lots & Land - Chatfield, MN

    Lot size:
    0.72 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 1484 Enterprise Dr SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    260635000
    Lot size
    0.72 Acres

    Building Details

    Architectural style
    Other

    Elcor Realty of Rochester, Inc. (507) 282-3345 [email protected]

    Listing agent Tim Danielson (507) 282-3345

    Listing date Jun 16, 2025

    MLS# 6324644 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

    Commercial Lots Ready For Development

    These city-owned commercial lots, located along Enterprise Drive off Highway 52 in Chatfield, Minnesota, are ready for development. The lots are zoned B-3 (Light Commercial), making them suitable for various uses, including small contractors, service shops, warehouse/storage, and showrooms. All utilities are in place, ready for site and building design. The lot size is 0.72 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chatfield
    County
    Fillmore
    State
    Minnesota
    Longitude
    -92.171351
    Latitude
    43.839283

    Nearby Similar for Sale

    • $449,900
      1,848 SF

      Chatfield Office Building - Highway 52

      Prime location, versatile office space, 1.02 acres.
      391 Main St, Chatfield, MN 55923
      View Details

    FAQs

    What type of property is this?
    Commercial land - City-owned commercial lots for development in Chatfield, Minnesota.
    Where is this commercial land located?
    The property is located at 1484 Enterprise Dr SE Chatfield, MN.
    What is the asking price?
    The asking price for this property is $62,524.
    What are key features of this property?
    This property features: - Significant price reduction makes this an attractive investment.; - Zoned B-3 (Light Commercial) allows for diverse business applications.; - Utilities are already in place, streamlining the development process.
    (507) 282-3345
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    1484 Enterprise Dr SE Chatfield, MN 55923
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    Chatfield, MN 55923
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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
    1484 Enterprise Dr SE Chatfield, MN 55923
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