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    72Nd St NE Otsego, MN 55301

    For Lease
    $1,400,000

    Highly accessible land situated near home developments off Hwy 101.

    Lot size:
    4.33 Acres

    Property Features for 72Nd St NE

    General Information

    Lot size
    4.33 Acres

    Source: The Brookshire Company Agent Gerald "Gerry" Norton

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

    Overview

    Land Off Hwy 101

    This land is highly accessible and situated near home developments. It is located right off of Hwy 101.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Otsego
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.65613
    Latitude
    45.255174

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Land - Highly accessible land situated near home developments off Hwy 101.
    Where is this land located?
    The property is located at 72Nd St NE Otsego, MN.
    What are key features of this property?
    This property features: - Located right off Hwy 101; - Highly Accessible; - Situated near home developments
    (612) 386-8433
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    72Nd St NE Otsego, MN 55301
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    Otsego, MN 55301
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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
    72Nd St NE Otsego, MN 55301
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