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    20331 Salem St NW Elk River, MN 55330

    For Sale
    $180,000

    Lots & Land - Elk River, MN

    Lot size:
    3.16 Acres
    Days on Market:
    185
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 20331 Salem St NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    75009260240
    Lot size
    3.16 Acres

    Building Details

    Architectural style
    Other

    Alliance Real Estate, LLC (612) 247-7588 [email protected]

    Listing agent Steven DeGreeff (763) 441-2248

    Listing date Jun 13, 2025

    MLS# 6717572 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

    Heavily Wooded Lot Near Golf

    This 3.16-acre lot is located near the Elk River Golf Club and offers convenient access to restaurants, shopping, and entertainment. The property is heavily wooded with mature trees, providing privacy and a serene atmosphere. This residential land is zoned for single-family use, offering the opportunity to build a custom home. The lot is located on Salem Street NW in Elk River, Minnesota.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Gym & Fitness Auto Repair Shop Building Supply Bar & Pub Department Store HVAC Service Auto Parts Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk River
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.62128002
    Latitude
    45.33963356

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    FAQs

    What type of property is this?
    Land - 3.16-acre wooded lot near Elk River Golf Club.
    Where is this land located?
    The property is located at 20331 Salem St NW Elk River, MN.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Large 3.16-acre heavily wooded lot offering privacy.; - Conveniently located near Elk River Golf Club.; - Proximity to restaurants, shopping, and entertainment.
    (763) 441-2248
    Request Owner's contact information
    20331 Salem St NW Elk River, MN 55330
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    Elk River, MN 55330
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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
    20331 Salem St NW Elk River, MN 55330
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