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    930 Highway 65 South Mora, MN 55051

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    Claim this Listing
    For Sale
    $525,000

    Commercial - Mora, MN

    Added:
    Nov 27, 2025
    Days on Market:
    152
    Last Refresh:
    Apr 28 at 9:06 pm

    Property Features for 930 Highway 65 South

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business/Commercial,Residential-Single Family
    Parking features
    Driveway, Garage, Garage - Detached, Tandem
    Exterior features
    Log Siding
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    TBD

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    18232

    Utilities

    Heating system
    Fireplace(s), Forced Air, Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2002
    Flooring type
    Carpet, Engineered Wood, Linoleum, Vinyl
    Building materials
    Concrete, Frame
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Susan E. Gonyea

    Listing agent Susan E. Gonyea

    Listing office RE/MAX Advantage Plus 13875 Highway 13 South, Savage, MN

    Listing date Nov 27, 2025

    MLS# 6822617 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

    Mora Home on Wooded Acres

    This meticulously maintained two-story home, built in 2002, is nestled on a wooded 6-acre lot just minutes from town. The property offers a blend of privacy, comfort, and potential. The home features a spacious and flexible floor plan with a main-level primary suite and laundry, plus a fully finished basement. Multi-zoned in-floor heating ensures comfort throughout every season. The landscaped grounds are framed by mature pines and include a large pole barn, ideal for storage, hobbies, or business use. Conditional uses for small business operations and development potential make this property attractive for those seeking flexibility. This property is zoned for both business/commercial and residential-single family use. It is located in Mora, MN. Whether you're looking for a peaceful homestead, a home-based business opportunity, or future development, this property delivers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mora
    County
    Kanabec
    State
    Minnesota
    Longitude
    -93.296337
    Latitude
    45.865633

    Nearby Similar for Sale

    • $975,000

      Iconic Cafe and Bait Shop

      Long-standing cafe and bait shop with real estate included.
      67 Highway 65 N, Mora, MN 55051
      View Details
    • $1,100

      Mora Commercial Space Available

      Office, retail, or warehouse space in downtown Mora.
      206 Union Street S, Mora, MN 55051
      View Details
    • $145,000
      2,560 SF

      Downtown Mora Professional Services Building

      Income-producing commercial building in downtown Mora, Minnesota.
      221 Union S Street, Mora, MN 55051
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    • $145,000

      Income Producing Commercial Building

      Well-maintained commercial building in downtown Mora, currently income producing.
      221 Union Street S, Mora, MN 55051
      View Details

    FAQs

    What type of property is this?
    Single family property - Two-story home on 6 acres with business potential.
    Where is this single family property located?
    The property is located at 930 Highway 65 South Mora, MN.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 6‑acre wooded lot provides privacy and space.; Main‑level primary suite and laundry offer convenience.; Large pole barn suitable for storage, hobbies, or business.
    (612) 267-5310
    We can help!
    Listing Contact
    Susan E. Gonyea
    Real Estate License ID: 40471681
    Learn More
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    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
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