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    16673 Frst Blvd N Hugo, MN

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    For Sale
    Contact for pricing

    27 acres of land with highway frontage in Hugo, MN.

    Lot size:
    27.00 Acres

    Property Features for 16673 Frst Blvd N

    General Information

    Lot size
    27.00 Acres
    Source: Moodyscre

    Listing Agent: Michael A Dolan

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

    Overview

    27 Acre Commercial Development Site

    This commercial development site offers 27 acres of land. The property is characterized by a flat, level topography. It features over 900 linear feet of street frontage on US Highway 61, providing significant visibility and access. The property is zoned RC-1: Restricted Commercial, allowing for a range of potential uses. Excellent freeway access to Interstate 35E enhances the site's connectivity. Traffic counts exceed 10,000 vehicles per day. The property consists of multiple parcels with the following Property Identification Numbers (PID) and 2024 taxes: 08.031.21.14.0002 ($9,922.00), 08.031.21.11.0002 ($3,750.00), and 08.031.21.14.0001 ($3,558.00).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hugo
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9933412
    Latitude
    45.159964

    Nearby Similar for Sale

    • $993,000
      3,595 SF

      Hugo Office Building For Sale

      Office building in a rapidly growing community with highway access.
      4644 Victor Path, Hugo, MN 55038
      View Details

    FAQs

    What type of property is this?
    Land - 27 acres of land with highway frontage in Hugo, MN.
    Where is this land located?
    The property is located at 16673 Frst Blvd N Hugo, MN.
    What are key features of this property?
    This property features: - 1.27 Acre Commercial Development Site; - Over 900 L.F. of Street Frontage on US HWY 61; - Excellent Freeway Access to Interstate 35E
    (612) 308-6885
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    16673 Frst Blvd N Hugo, 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
    16673 Frst Blvd N Hugo, MN
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