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    Newton Ave Watertown, MN 55388

    Sponsored
    For Sale
    $309,900

    6.78 Acres, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.78-acre property in Watertown, Minnesota, presents a unique opportunity for residential development or continued use as a farm or ranch. Located on Newton Ave SE, in Carver County, the land is zoned SF and boasts a prime location with convenient access to local amenities. The property is nearly ready for development, with preliminary plat approval for a four-lot subdivision already underway. While a four-lot division is a straightforward option, alternative configurations are possible. This allows for flexibility in design and development plans to suit individual needs and preferences. The seller is open to considering all reasonable offers. A virtual showing is available upon request, providing a convenient way to explore this promising investment. The property's existing infrastructure and advanced planning stages significantly reduce the time and effort required for development, making it an attractive option for builders and investors alike. The 55388 zip code offers a desirable location within Watertown. Don't miss this chance to acquire a ready-to-develop parcel in a thriving community. Contact us today for more details and to schedule a viewing.

    Property Features for 0 Newton Ave

    General Information

    Property type
    Farms
    Lot Size
    295,337 SF

    HighLights

    • 6.78‑acre development site in Watertown, MN.
    • Located on Newton Ave SE in Carver County, zoned SF.
    • Preliminary plat approval for a four‑lot subdivision.
    • Alternative subdivision configurations possible.
    • Seller considering all reasonable offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watertown
    County
    Carver
    State
    Minnesota
    Longitude
    -93.845184
    Latitude
    44.9524197

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    FAQs

    What type of property is this?
    Farm - 6.78 Acres, Ready to Build
    Where is this farm located?
    The property is located at Newton Ave Watertown, MN.
    What is the asking price?
    The asking price for this property is $309,900.
    What are key features of this property?
    This property features: 6.78-acre development site in Watertown, MN.; Located on Newton Ave SE in Carver County, zoned SF.; Preliminary plat approval for a four-lot subdivision.
    Request Owner's contact information
    Newton Ave Watertown, MN 55388
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    Watertown, MN 55388
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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
    Newton Ave Watertown, MN 55388
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