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    S 16Th Ave Virginia, MN 55792

    For Sale
    $395,000

    Commercial/Industrial - Virginia, MN

    Days on Market:
    282
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for S 16Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Com
    APN
    090-0127-00080
    Parking
    10

    Building Details

    Architectural style
    Other

    Edina Realty - Virginia (218) 749-8222

    Listing agent Greg Hoffman (218) 749-8222

    Listing date Mar 4, 2025

    MLS# 147991 Listing URL

    Copyright © 2025 Range Association of REALTORS. 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 Near Highway 53

    This 0.88-acre commercial lot offers high visibility and convenient access off US Highway 53. The property is located next to the Menards store and AutoZone in Virginia, Minnesota. The site has been evaluated and includes an existing driveway with easement. There are no building restrictions, offering a multitude of opportunities for any business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Virginia
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.559970664215
    Latitude
    47.509359342406

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility and convenient highway access.
    Where is this commercial land located?
    The property is located at S 16Th Ave Virginia, MN.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - High visibility and exceptional traffic counts due to location on US Highway 53; - Convenient access directly off US Highway 53; - Commercial lot suitable for any business
    (218) 749-8222
    Request Owner's contact information
    S 16Th Ave Virginia, MN 55792
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    Virginia, MN 55792
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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
    S 16Th Ave Virginia, MN 55792
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