Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    209 Appaloosa Court Braham, MN 55006

    View on Map
    Pending
    Contact for pricing

    Lots & Land - Braham, MN

    Lot size:
    0.07 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    116
    Last Refresh:
    Apr 6 at 11:06 pm

    Property Features for 209 Appaloosa Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Pending
    APN
    140730050
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    146
    Expense value
    220
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Renee Stoebe
    Renee Stoebe

    Listing agent Renee Stoebe

    Listing office VoigtJohnson 1101 2nd St S STE 103, Sartell, MN

    Listing date Dec 11, 2025

    MLS# 6826255 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lots in Established Neighborhood

    This listing presents an opportunity to build a single-family home or twin home within an established neighborhood in Braham. The offering includes two adjacent lots, specifically 209 and 211 Appaloosa Drive, which are being sold together. The combined price for both lots is $15,000, with each lot individually priced at $7,500. Both lots must be included in a single purchase agreement. City water and sewer services are stubbed in. The neighborhood association provides snow removal and lawn care services. The available lots are suitable for builders looking to develop plans in this location. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Braham
    County
    Isanti
    State
    Minnesota
    Longitude
    -93.162093
    Latitude
    45.722994

    Nearby Similar for Sale

    • $99,000

      Downtown Braham Commercial Lot

      Prime 1.09-acre commercial lot in Downtown Braham, Minnesota.
      1xx Central Drive E, Braham, MN 55006
      View Details
    • $170,000

      Lakefront Lot in Isanti County

      3.9-acre lakefront lot with 180 feet of shoreline.
      Tbd 416th Avenue NW, Braham, MN 55006
      View Details
    • $1.00

      Braham, MN Land Parcel

      20-acre parcel suitable for recreation, investment, or building.
      1239 Quail Street, Braham, MN 55006
      View Details
    • $300,000

      Land with Highway Frontage

      38.84 acres of land suitable for building or farming.
      40525 Highway 65 NE, Stanchfield Twp, MN 55006
      View Details
    • $7,500

      Residential Lots in Quiet Neighborhood

      Two adjacent lots for single-family or twin home construction.
      213 Appaloosa Court, Braham, MN 55006
      View Details
    • $7,500

      Residential Lots in Established Neighborhood

      Two adjacent lots for single-family or twin home construction.
      217 Appaloosa Court, Braham, MN 55006
      View Details
    • $7,500

      Residential Lots in Quiet Neighborhood

      Two adjacent lots for single-family or twin home construction.
      215 Appaloosa Court, Braham, MN 55006
      View Details
    • $7,500

      Residential Lots in Quiet Neighborhood

      Two adjacent lots for single-family or twin home construction.
      211 Appaloosa Court, Braham, MN 55006
      View Details
    • $7,500

      Residential Lots in Established Neighborhood

      Two adjacent lots for single-family or twin home construction.
      219 Appaloosa Court, Braham, MN 55006
      View Details
    • $275,000

      37.73 Acres on Highway 65

      37.73 acre lot with highway frontage, suitable for various uses.
      Tbd HWY 65 NE, Stanchfield Twp, MN 55006
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two adjacent residential lots for single-family or twin home construction.
    Where is this residential land & home lot located?
    The property is located at 209 Appaloosa Court Braham, MN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Opportunity to build a single‑family or twin home.; Two adjacent lots included in the sale.; City water and sewer are stubbed in.
    (320) 290-3226
    We can help!
    Listing Contact
    Renee Stoebe
    Renee Stoebe
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!