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    Xxx Parrish Ave NE Otsego, MN 55330

    For Sale
    $1,850,000

    Lots & Land - Otsego, MN

    Lot size:
    25.00 Acres
    Days on Market:
    346
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for Xxx Parrish Ave NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture
    APN
    118500143200
    Lot size
    25.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Alliance Real Estate, LLC (612) 247-7588 [email protected]

    Listing agent William J. Christian (763) 441-2248

    Listing date Dec 31, 2024

    MLS# 6643600 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 Highway 101

    This 25-acre commercial land parcel is located in a busy commercial area with frontage on Highway 101 and County 42, just south of Highway 10 in Otsego, MN. The site offers potential for a service destination and features some frontage on the Mississippi River. The area has established retail, restaurant, and hotel businesses and is experiencing excellent growth. The zoning is Agriculture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Otsego
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.55997438
    Latitude
    45.28879696

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    FAQs

    What type of property is this?
    Commercial land - 25 acres of commercial land with highway and river frontage.
    Where is this commercial land located?
    The property is located at Xxx Parrish Ave NE Otsego, MN.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - High-traffic location with frontage on both Hwy 101 and Cty 42.; - Proximity to Hwy 10, a major transportation route.; - Mississippi River frontage.
    (763) 441-2248
    Request Owner's contact information
    Xxx Parrish Ave NE Otsego, MN 55330
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    Otsego, MN 55330
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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
    Xxx Parrish Ave NE Otsego, MN 55330
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