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    Tbd Frst Blvd N Hugo, MN 55038

    For Sale
    $700,000

    Lots & Land - Hugo, MN

    Lot size:
    2.09 Acres
    Days on Market:
    177
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for Tbd Frst Blvd N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    1703121130009
    Lot size
    2.09 Acres

    Building Details

    Architectural style
    Other

    Paradigm REG South Suburban LLC (952) 431-5100 [email protected]

    Listing agent Success Home Team (952) 431-5100

    Listing date Jun 20, 2025

    MLS# 6741422 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 Lot on Highway 61

    This commercial lot, totaling 2.085 acres, is located in Hugo, Minnesota. The property features approximately 200 feet of road frontage along Highway 61. Zoned for business and commercial use, this land provides an opportunity to develop a business in a visible location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hugo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.987083
    Latitude
    45.176733

    Nearby Similar for Sale

    • $993,000
      3,595 SF

      Hugo Office Building For Sale

      Office building in a rapidly growing community with highway access.
      4644 Victor Path, Hugo, MN 55038
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial lot with frontage on Highway 61 in Hugo.
    Where is this commercial land located?
    The property is located at Tbd Frst Blvd N Hugo, MN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - 2-acre commercial lot, perfect for your next venture.; - Boasts 200 feet of valuable road frontage on Highway 61.; - Ideal for building a business with excellent visibility.
    (952) 431-5100
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    Tbd Frst Blvd N Hugo, MN 55038
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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
    Tbd Frst Blvd N Hugo, MN 55038
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