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

    L1 B1 Business Park, Unit Addition Wells, MN 56097

    Picture of Commercial land at B1 Business Park L1, Wells, MN
    For Sale
    Contact for pricing

    Lots & Land - Wells, MN

    Lot size:
    1.21 Acres
    Days on Market:
    448
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for L1 B1 Business Park

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    302200110
    Lot size
    1.21 Acres

    Building Details

    Architectural style
    Other

    Brad Heggen Realty, Inc. (507) 553-6959 [email protected]

    Listing agent Brad L Heggen (507) 553-6959

    Listing date Sep 18, 2024

    MLS# 5248262 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

    Wells Business Park Land Available

    Located on the north edge of Wells, Minnesota, the property is situated in the new Wells Business Park. The site benefits from high visibility due to its location on State Highway 22. The property is zoned service/commercial. Infrastructure is in place, including turn lanes, curb, gutter, paved street, and all utilities. The lot size is 1.21 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Wells
    County
    Faribault
    State
    Minnesota
    Longitude
    -93.732473
    Latitude
    43.751617

    Nearby Similar for Sale

    • $400,000
      11,180 SF

      Remodeled Building in Wells, Minnesota

      Recently remodeled building with office, storage, and gathering spaces.
      120 N Broadway, Wells, MN 56097
      View Details
    • $329,000
      9,000 SF

      Wells, MN Mixed-Use Investment

      High-Yield, Fully Leased Property
      147 Broadway, Wells, MN 56097
      View Details
    • $110,000
      11,346 SF

      Prime Wells, MN Commercial Space

      Turnkey Investment: 11,000 sq ft. Event Center
      145 Franklin St, Wells, MN 56097
      View Details
    • $400,000

      Prime Wells, MN Flex Space

      Remodeled Industrial Building - $400,000
      120 Broadway, Wells, MN 56097
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in the new Wells Business Park.
    Where is this commercial land located?
    The property is located at L1 B1 Business Park, Unit Addition Wells, MN.
    What is the asking price?
    The asking price for this property is $23,186.
    What are key features of this property?
    This property features: - Highly visible location on State Highway 22.; - Zoned service/commercial.; - Located in the new Wells Business Park.
    (507) 553-6959
    Request Owner's contact information
    L1 B1 Business Park, Unit Addition Wells, MN 56097
    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.
    L1 B1 Business Park, Unit Addition
    Wells, MN 56097
    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
    L1 B1 Business Park, Unit Addition Wells, MN 56097
    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.