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    N Rum River Dr Princeton, MN 55371

    For Sale
    $99,900

    Lots & Land - Princeton, MN

    Lot size:
    1.32 Acres
    Days on Market:
    165
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for N Rum River Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    241960020
    Lot size
    1.32 Acres

    Building Details

    Architectural style
    Other

    Hewitt Jackson Real Estate (320) 983-6664 [email protected]

    Listing agent Michael Cassens (320) 983-6664

    Listing date Jun 25, 2025

    MLS# 6744948 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

    Commercial Land on Rum River

    This 1.32 acre commercial land is located on Rum River Drive in Princeton, MN. Zoned commercial, the property offers excellent exposure and easy access on a high-traffic city street. The land features a level front that slopes to the back, providing a suitable building site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Princeton
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.5841608
    Latitude
    45.57857403

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    FAQs

    What type of property is this?
    Commercial land - 1.32 acre commercial land with high traffic exposure.
    Where is this commercial land located?
    The property is located at N Rum River Dr Princeton, MN.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - Zoned Commercial; - 1.3 Acres; - High Traffic City Street
    (320) 983-6664
    Request Owner's contact information
    N Rum River Dr Princeton, MN 55371
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    Princeton, MN 55371
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    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
    N Rum River Dr Princeton, MN 55371
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