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    50 & Pilot Knob Rd Farmington, MN

    For Sale
    Contact for pricing

    65.69 acres suitable for commercial, industrial, or residential development.

    Lot size:
    65.69 Acres

    Property Features for 50 & Pilot Knob Rd

    General Information

    Lot size
    65.69 Acres

    Source: CBRE - Minnesota Agent Brian Pankratz

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

    Overview

    Divisible Acreage with Development Potential

    Available for sale is a +/- 65.69 acre parcel of land. The property is located 2 miles from Farmington High School and 21 miles from MSP International Airport. The zoning and future land use designations permit a variety of uses, including commercial, light industrial, office, medical office, and potential residential development. The site benefits from frontage on CR-50/212th St W, with a planned 4-way intersection at CR 50/Pilot Knob Rd to service the property. Direct access is available to 217th St W, CR-50/212th St W, and Pilot Knob Rd. Over 1,500 new housing units are either finished or under construction in the immediate vicinity. Utilities are available to the site. The extension of Pilot Knob Rd is planned for 2025, including a new stop light at CR-50/Pilot Knob. The property offers convenient access to schools, parks, the Farmington Ice Rink, and regional trails.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Farmington
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1435497
    Latitude
    44.6402434

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    FAQs

    What type of property is this?
    Land - 65.69 acres suitable for commercial, industrial, or residential development.
    Where is this land located?
    The property is located at 50 & Pilot Knob Rd Farmington, MN.
    What are key features of this property?
    This property features: - Divisible 65.69 acre property with versatile zoning.; - Prime location: just 2 miles from Farmington High School.; - Excellent accessibility with frontage on CR-50/212th St W.
    (952) 924-4665
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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
    50 & Pilot Knob Rd Farmington, MN
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