Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Acreage in Wooded Development Title is generated by Realmo AI

    L6 Blk1 262nd Avenue NW, Big Lake, MN 55309

    View on Map
    Claim this Listing
    For Sale
    $160,000

    Lots & Land - Orrock Twp, MN

    Lot size:
    3.30 Acres
    Added:
    Nov 14, 2025
    Days on Market:
    180
    Last Refresh:
    May 13 at 10:06 am

    Property Features for L6 Blk1 262nd Avenue NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Active
    APN
    35005110130
    Lot size
    3.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1066

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Price Realty

    Listing agent Price Realty

    Listing office eXp Realty 4525 White Bear Parkway, White Bear Lake, MN

    Listing date Nov 14, 2025

    MLS# 6817510 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

    • Large 2.5–4+ acre parcels offer space and privacy for a custom home.
    • Borders Sand Dunes State Forest, providing unmatched access to outdoor recreation.
    • Sherburne National Wildlife Refuge is located directly across the road.
    • Conveniently located near Big Lake and Zimmerman for schools, parks, and shopping.
    • Beautiful wooded development with a natural backdrop.
    • Highly desirable and sought‑after community.

    Overview

    These 2.5–4+ acre parcels offer an exceptional opportunity to own acreage in a highly desirable wooded development. The lots provide space, privacy, and a beautiful natural backdrop, ideal for a custom home. Residents enjoy unmatched access to outdoor recreation with the Sand Dunes State Forest bordering the neighborhood and the Sherburne National Wildlife Refuge across the road. Thousands of acres of wildlife, trails, and scenery are just steps away. The location provides close proximity to Big Lake and Zimmerman for convenient access to schools, parks, shopping, and everyday essentials. The zoning is Residential-Single Family. More than half the lots are already sold.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Lake
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.7203854
    Latitude
    45.4456358

    Nearby Similar for Sale

    • $279,900
      1,500 SF

      Garage Condo with In-Floor Heat

      Well-maintained 1,500 SF garage condo in Big Lake.
      16765 198th Avenue NW, Big Lake, MN 55309
      View Details
    • $575,000

      Land For Sale, Becker Twp

      2.76 acre commercial land available in Becker Twp, Minnesota.
      16296 149th Street SE, Becker Twp, MN 55309
      View Details
    • $185,000

      Eagle Lake Recreational Land Opportunity

      1.75 acres with 148 feet of Eagle Lake shoreline.
      23631 190th Street NW, Big Lake, MN 55309
      View Details
    • $69,900

      Vacant Lot Near Big Lake

      Prime vacant lot near Big Lake to build your dream home.
      491 Highland Avenue, Big Lake, MN 55309
      View Details
    • $50,000

      Recreational Land Near Black Lake

      5.09 acres of recreational land with access to Black Lake.
      20696 196th Street NW, Big Lake Twp, MN 55309
      View Details
    • $155,000

      Wooded Lot in Orrock Township

      2.5 acre wooded lot near Sand Dunes State Forest.
      L10,Blk1 177th Street NW, Orrock Twp, MN 55309
      View Details
    • $299,900

      Luxury Vehicle Storage Condo

      Car condo with high-end finishes and security features.
      16765 198th Avenue NW, Big Lake, MN 55309
      View Details
    • $160,000

      Orrock Twp Wooded Lot

      2.88-acre wooded lot near Sand Dunes State Forest.
      L5,Blk1 262nd Avenue NW, Orrock Twp, MN 55309
      View Details
    • $155,000

      Orrock Twp Acreage Development

      2.5-4+ acre wooded lots near Big Lake and Zimmerman.
      L2,Blk1 262nd Avenue NW, Orrock Twp, MN 55309
      View Details
    • $1,600,000

      Leased Gas Station For Sale

      Gas station, car wash, convenience store, restaurant, and retail space.
      16777 Marketplace Drive, Big Lake, MN 55309
      View Details
    • $549,900
      3,472 SF

      Luxury Oversized Car Condo

      Finished car condo with luxury features and entertainment space.
      16768 198th NW Avenue 33, Big Lake, MN 55309
      View Details
    • $1,100,000

      Big Lake Residential Development Opportunity

      33.02 acres in Big Lake, MN, zoned residential.
      Tbd County Road 81, Big Lake, MN 55309
      View Details

    FAQs

    What type of property is this?
    Land - Land parcels offer space, privacy, and natural backdrop for custom home.
    Where is this land located?
    The property is located at L6 Blk1 262nd Avenue NW Big Lake, MN.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Large 2.5–4+ acre parcels offer space and privacy for a custom home.; Borders Sand Dunes State Forest, providing unmatched access to outdoor recreation.; Sherburne National Wildlife Refuge is located directly across the road.
    (612) 502-5500
    We can help!
    Listing Contact
    Price Realty
    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

    Thank You for Inquiry
    L6,Blk1 262nd Avenue NW, Orrock Twp, MN 55309
    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!