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    OFF-MARKET
    Commercial real estate

    5292 Morning Star Loop, Finland, MN 55603

    1 SF 100 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional 100-acre property in Finland, Minnesota, presents a rare investment opportunity. Situated on one of the state's highest points, it boasts breathtaking 360-degree panoramic views. The property is being sold as-is and includes 43 existing homesites and RV pads, ideal for a variety of recreational uses. Extensive groomed trails cater to snowmobiling, ATV riding, and hiking, enhancing the property's appeal. The land comprises five surveyed parcels, simplifying development or subdivision possibilities. A central septic system and a well provide essential infrastructure for the existing historical area. The sheer scale and diverse features of this property offer significant potential for development, investment, or personal enjoyment. Imagine the possibilities: expanding the existing homesites, creating a unique recreational destination, or simply basking in the unparalleled natural beauty. This is a truly remarkable opportunity to own a significant piece of Minnesota's landscape. The property's high elevation ensures stunning views in every direction, making it a truly exceptional location. The existing infrastructure, including the well and septic system, reduces the initial investment required for development. The five surveyed parcels offer flexibility for future planning and development. Don't miss this chance to acquire this one-of-a-kind property.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1960
    Total area 1 SF
    Lot 100 ac (4,356,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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