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    NE Riv Rd & Rawlings Ave Otsego, MN

    For Sale
    Contact for pricing

    Land suitable for single-family, villa, and townhome development.

    Lot size:
    81.00 Acres

    Property Features for NE Riv Rd & Rawlings Ave

    General Information

    Lot size
    81.00 Acres

    Source: CBRE - Minnesota Agent Brian Pankratz

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

    Overview

    Residential Development Land Available

    This residential development land is zoned A-1 Agricultural Service Area with a future use designation of MHD (Medium & High Density) Residential. The development allows for a variety of housing products, including single-family homes, villas, townhomes, and small lot single-family options. The site benefits from access to 70th St. NE and 53rd St. NE, providing convenient access to Highway 101. Its location offers close proximity to the Mississippi and Crow Rivers, providing access to nearby public amenities. The property is located within Elk River School District #728. The developer intends to provide the site with entitlements for either paper lots or fully developed lots.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Otsego
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.666752
    Latitude
    45.243965

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    FAQs

    What type of property is this?
    Land - Land suitable for single-family, villa, and townhome development.
    Where is this land located?
    The property is located at NE Riv Rd & Rawlings Ave Otsego, MN.
    What are key features of this property?
    This property features: - Zoned A-1 Agricultural Service Area with future use of MHD (Medium & High Density) Residential, offering significant development potential.; - Allows for diverse product types: single-family, villa, townhome, and small lot single family.; - Quick access to Highway 101 via 70th St. NE & 53rd St. NE.
    (952) 924-4665
    Request Owner's contact information
    NE Riv Rd & Rawlings Ave Otsego, MN
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    Otsego, MN
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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
    NE Riv Rd & Rawlings Ave Otsego, MN
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