Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    US Hwy 10 NW & 166th St NW Big Lake, MN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with great access to Highway 10.

    Type:LAND
    Lot size:
    136.81 Acres
    Added:
    Feb 21, 2018
    Days on Market:
    2962
    Last Refresh:
    Mar 29 at 10:43 pm

    Property Features for US Hwy 10 NW & 166th St NW

    General Information

    Standard status
    Active
    Lot size
    136.81 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Charles Pfeffer

    Listing agent Charles Pfeffer

    Listing office Pfeffer Real Estate, LLC

    Listing date Feb 21, 2018

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pfeffer Real Estate, LLC

    Overview

    Land with Highway Access

    This property is suitable for residential or industrial use and offers convenient access to Highway 10. Additional details are available in the attached brochure.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Daycare Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Lake
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.8175
    Latitude
    45.3303

    Nearby Similar for Sale

    • $279,900

      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, Orrock Twp, MN 55309
      View Details
    • $160,000

      Acreage in Wooded Development

      Land parcels offer space, privacy, and natural backdrop for custom home.
      L6,Blk1 262nd Avenue NW, Orrock 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
    • $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
    • $314,900

      Luxury Vehicle Storage Condo

      Car condo with workspace, high-end amenities, and secure access.
      16765 198th Avenue NW, Big Lake, 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
    • $160,000

      Acreage in Wooded Development

      2.5-4+ acre parcels for custom homes with natural backdrop.
      L8,Blk1 262nd Avenue NW, Orrock Twp, MN 55309
      View Details
    • $155,000

      Orrock Twp Wooded Acreage Lot

      4+ acre wooded lot perfect for a custom home.
      L2,Blk3 177th Street NW, Orrock Twp, 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
    • $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 with great access to Highway 10.
    Where is this land located?
    The property is located at US Hwy 10 NW & 166th St NW Big Lake, MN.
    What are key features of this property?
    This property features: Great access to Highway 10; Residential or Industrial use; See attached brochure
    (763) 425-3632 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Charles Pfeffer
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!