Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Recreational Land Near Mille Lacs Title is generated by Realmo AI

    0 469th st, Garrison, MN 56450

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Lots & Land - Kathio Twp, MN

    Lot size:
    0.20 Acres
    Added:
    May 23, 2026
    Days on Market:
    4
    Last Refresh:
    May 26 at 5:06 am

    Property Features for 0 469th st

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Other,Residential-Single Family
    Standard status
    Active
    APN
    099710400
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    66

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Hunter Pogatchnik

    Listing agent Hunter Pogatchnik

    Listing office Real Broker LLC 2355 Hwy 36 West, St. Paul, MN

    Listing date May 23, 2026

    MLS# 7080008 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.

    HighLights

    • Located near Lake Mille Lacs, offering access to boating, fishing, and watersports.
    • Close proximity to hundreds of acres of DNR and tax‑forfeited land for hunting, hiking, and ATV riding.
    • Under 2 hours from the Twin Cities, providing convenient access to urban amenities.
    • Flexibility to build a home, cabin, or use for RV camping.
    • Seller financing available through contract for deed.
    • Near Northwood Hills Golf Course and Grand Casino Mille Lacs for entertainment and dining.

    Overview

    Located approximately half a mile from Lake Mille Lacs and under two hours from the Twin Cities, this 0.2-acre property offers recreational opportunities and peaceful outdoor living. The land is situated near both Lake Mille Lacs and Northwood Hills Golf Course, providing access to boating, fishing, golfing, restaurants, and year-round entertainment. The location is near hundreds of acres of DNR and tax-forfeited land, suitable for hunting, hiking, ATV riding, camping, and exploring. Grand Casino Mille Lacs is also nearby, offering dining, entertainment, nightlife, concerts, and events. This parcel offers the ability to build a home, cabin, or seasonal getaway, or for RV use. The zoning is listed as residential-single family and other. The property is located in Kathio Twp, MN. This area is suited for hunting, fishing, watersports, golfing, snowmobiling, and other outdoor recreation. Seller financing is available through contract for deed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Garrison
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -93.8546
    Latitude
    46.2446

    Nearby Similar for Sale

    • $350,000

      Garrison, MN Restaurant and Bar

      Turn-key restaurant and bar opportunity overlooking Lake Mille Lacs.
      9575 Madison Street, Garrison, MN 56450
      View Details
    • $119,999

      Mille Lacs Lakefront Property

      Lakefront property on Mille Lacs Lake, 90 minutes from Twin Cities.
      7241 US Highway 169, Garrison Twp, MN 56450
      View Details
    • $57,000

      Renovated Skid House on Whitefish Creek

      Renovated, furnished .68 acre lot on Whitefish Creek, MN.
      18537 460th Street, Kathio Twp, MN 56450
      View Details
    • $51,999

      Mille Lacs Getaway Lot

      Recreational lot near Mille Lacs with campers and amenities.
      18134 Marina Way, Garrison, MN 56450
      View Details
    • $24,995

      Land Near Lake Mille Lacs

      Land offers recreation, privacy, and convenience near Lake Mille Lacs.
      0 Captive Lake Rd, Kathio Twp, MN 56450
      View Details
    • $14,900

      Land Near Mille Lacs Lake

      Residential land near Mille Lacs Lake and Garrison amenities.
      51xx Banyan Drive, Garrison, MN 56450
      View Details
    • $149,000

      Land Near Mille Lacs Lake

      1.15 acre lot near Mille Lacs Lake in Garrison, MN.
      Tract D Linden Street, Garrison, MN 56450
      View Details
    • $144,900

      Land Near Mille Lacs Lake

      Under 1 acre near Mille Lacs Lake with recreational opportunities.
      Tract B Linden Street, Garrison, MN 56450
      View Details
    • $149,000

      Land Near Mille Lacs Lake

      One-acre lot near Mille Lacs Lake with recreational opportunities.
      Tract C Linden Street, Garrison, MN 56450
      View Details
    • $19,900

      Residential Lot Near Mille Lacs

      Residential lot near Mille Lacs Lake with storage shed.
      47xxx Westward Ho, Kathio Twp, MN 56450
      View Details
    • $22,900

      Residential Land Near Mille Lacs

      Half-acre lot near golf course and Mille Lacs Lake.
      18733 Duffers Delight, Garrison, MN 56450
      View Details
    • $22,900

      Half-Acre Garrison Retreat

      Forested half-acre lot near Mille Lacs Lake and Northwood Hills.
      18733 Duffers Delight, Garrison, MN 56450
      View Details

    FAQs

    What type of property is this?
    Recreation land - Recreational land near Lake Mille Lacs with many outdoor activities.
    Where is this recreation land located?
    The property is located at 0 469th st Garrison, 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: Located near Lake Mille Lacs, offering access to boating, fishing, and watersports.; Close proximity to hundreds of acres of DNR and tax‑forfeited land for hunting, hiking, and ATV riding.; Under 2 hours from the Twin Cities, providing convenient access to urban amenities.
    (612) 267-8381
    We can help!
    Listing Contact
    Hunter Pogatchnik
    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

    Thank You for Inquiry
    0 469th st, Kathio Twp, MN 56450
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!