Commercial Land with Highway
For Sale
$179,000
Lot 3 Somsen Street, New Ulm, MN 56073
Commercial land near established retail and light industrial users, with convenient access to Highway 14.
Property SizeContact for details
Days on Market14
Property Features for Lot 3 Somsen Street
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$2,424
Listing Agency:
TRUE REAL ESTATE
(507) 345-8783
Listed By:
Elizabeth Greiner
(507) 345-8783
Source:
Exprealty
Added: Aug 19
Changed: Aug 30
Last Checked: Aug 31 at 7:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRUE REAL ESTATE
Investment Insights
Based on property information with market context.
This 3.44-acre commercial land parcel occupies the northeast side of Somsen Street in New Ulm, Minnesota. Its location across from Windings, Inc. places the site within an established commercial and light industrial setting, while nearby Walmart Supercenter and Menards add surrounding retail activity.
Highway 14 provides regional access from the property. The parcel may be acquired on its own or combined with the adjoining 4.23-acre tract, creating a contiguous 7.67-acre development site. The surrounding mix of retail and light industrial users supports a range of commercial land-use possibilities without relying on a single end-user profile.
Highway 14 provides regional access from the property. The parcel may be acquired on its own or combined with the adjoining 4.23-acre tract, creating a contiguous 7.67-acre development site. The surrounding mix of retail and light industrial users supports a range of commercial land-use possibilities without relying on a single end-user profile.
Key Highlights
- 3.44‑acre commercial land parcel on Somsen Street
- Located across from Windings, Inc.
- Near Walmart Supercenter, Menards, and surrounding retail and light industrial users
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 56073, MN
17,275
Population
7,629
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
200.6 sq mi
ZIP Area
86
Density / Sq Mi
$69,698
Median Household Income
$43,643
Median Earnings
$978
Median Rent
$207,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land near established retail and light industrial users, with convenient access to Highway 14.
Where is this commercial land located?
The property is located at Lot 3 Somsen Street New Ulm, MN.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 3.44‑acre commercial land parcel on Somsen Street; Located across from Windings, Inc.; Near Walmart Supercenter, Menards, and surrounding retail and light industrial users
