Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2866 Timber Ridge Pl NE Owatonna, MN 55060

    Sponsored
    Picture of Residential land & home lots at Timber Ridge Pl NE 2866, Owatonna, MN
    For Sale
    $77,900

    Lots & Land - Owatonna, MN

    Lot size:
    0.45 Acres
    Days on Market:
    206
    Last Refresh:
    Jan 7 at 8:06 am

    Property Features for 2866 Timber Ridge Pl NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    175980313
    Lot size
    0.45 Acres

    Building Details

    Architectural style
    Other

    Berkshire Hathaway Homeservices Advantage Real Estate (507) 213-1777 [email protected]

    Listing agent Rebecca M. Hermanson-Hill (507) 213-1777

    Listing date Jun 16, 2025

    MLS# 5032143 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

    Residential Lot in Majestic Oaks

    This 0.45-acre walk-out lot is situated in the Majestic Oaks development in Owatonna, Minnesota. The residential neighborhood offers an inviting atmosphere with a country living feel. The property is located at 2866 Timber Ridge Place NE, Owatonna, MN 55060, in Steele County. The zoning is Residential-Single Family. The oversized lot provides ample area for homeowners to create their own beauty. All builders are welcome.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Spa & Massage Auto Repair Shop Department Store Kitchen & Bath Accounting Firm Bar & Pub Daycare Center Plumbing Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.19459834
    Latitude
    44.11137266

    Nearby Similar for Sale

    • $719,900
      1.12 Acres

      Owatonna Commercial Office Building For Sale

      2,785 sq ft commercial office building in prime location.
      225 Cedardale Dr SE, Owatonna, MN 55060
      View Details
    • $699,900
      0.46 Acres

      Owatonna Car Wash Business Opportunity

      Car wash in developing area with automatic and self-serve bays.
      195 Landmark Dr NE, Owatonna, MN 55060
      View Details
    • $354,900
      1,511 SF

      Immaculate Two-Bedroom Townhome

      Like-new, single-level townhome with heated garage and modern finishes.
      2882 Meadowview Ln NE, Owatonna, MN 55060
      View Details
    • $425,000

      Light-Filled Townhome with Quality Finishes

      Tastefully finished townhome with flowing floor plan and natural privacy.
      2065 Raspberry Ridge Pl NE, Owatonna, MN 55060
      View Details
    • Contact for pricing
      7,569 SF

      Brew Pub Opportunity

      Second-generation brew pub with equipment and expansion potential.
      131 W Broadway St, Owatonna, MN 55060
      View Details
    • $600,000
      8,000 SF

      Owatonna Warehouse with Freezer System

      8,000 SF warehouse featuring a freezer system and docks.
      2795 Park Dr, Owatonna, MN 55060
      View Details
    • $388,900
      0.12 Acres

      Owatonna Commercial Building with Apartments

      Well-maintained commercial building with retail space and residential rental units.
      315 N Cedar Ave, Owatonna, MN 55060
      View Details
    • $1,032,000
      0.16 Acres

      Versatile Commercial Building in Owatonna

      4,000 sq ft commercial building near I-35 access.
      345 Florence Ave, Owatonna, MN 55060
      View Details
    • $442,500
      4,792 SF

      Owatonna 7-Unit Apartment Building

      Historic Charm, Excellent Cash Flow
      717 Cedar Ave, Owatonna, MN 55060
      View Details
    • Contact for pricing
      19,300 SF

      Prime Owatonna Industrial Property

      19,300 SF Warehouse on 1.98 Acres
      600 Hoffman Dr, Owatonna, MN 55060
      View Details
    • $757,000
      2,785 SF

      Prime Owatonna Office Building

      Versatile office space, ideal location.
      225 Cedardale Dr, Owatonna, MN 55060
      View Details
    • $1,032,000
      4,000 SF

      Prime Owatonna Commercial Building

      4,000 sq ft, flexible layout, I-35 access
      345 Florence Ave, Owatonna, MN 55060
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Walk-out lot in Owatonna's beautiful Majestic Oaks development.
    Where is this residential land & home lot located?
    The property is located at 2866 Timber Ridge Pl NE Owatonna, MN.
    What is the asking price?
    The asking price for this property is $77,900.
    What are key features of this property?
    This property features: - Walk-out lot ready for your dream home.; - Located in the desirable Majestic Oaks development.; - Oversized lot providing ample space.
    (507) 213-1777
    Request Owner's contact information
    2866 Timber Ridge Pl NE Owatonna, MN 55060
    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.
    2866 Timber Ridge Pl NE
    Owatonna, MN 55060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2866 Timber Ridge Pl NE Owatonna, MN 55060
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.