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    18679 Flagstaff Ave Farmington, MN 55024

    Sponsored
    For Sale
    $4,000,000

    79.3 Acres, Agricultural/Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 79.3-acre property, located at 18679 Flagstaff Ave, Farmington, MN 55024, presents a unique investment opportunity. Currently zoned for agricultural use, this expansive land parcel offers significant potential for future development. The property includes two parcels, APN 14-01500-75-021 and 14-01500-75-031, totaling approximately 79.3 acres. The asking price for the entire 79.3-acre site is $4,000,000. Alternatively, there's an option to purchase a slightly smaller portion of approximately 74.27 acres for $3,300,000. The property's location in Dakota County, Minnesota, provides convenient access to major transportation routes and amenities. This unplatted land is ideal for investors seeking a large-scale project with considerable upside. The existing house on the property adds further value and potential for immediate use or future redevelopment. Serious inquiries are encouraged to explore the possibilities of this prime development site. Detailed property information and surveys are available upon request. Don't miss this chance to acquire a substantial land holding in a rapidly growing area.

    Property Features for 18679 Flagstaff Ave

    General Information

    Property type
    Farms
    Lot Size
    3,454,308 SF

    HighLights

    • 79.3‑acre parcel with existing house at 18679 Flagstaff Ave.
    • Ag‑zoned land, ideal for development.
    • Parcel IDs: 14‑01500‑75‑021 & 14‑01500‑75‑031.
    • $4,000,000 asking price.
    • 74.27‑acre site available separately for $3,300,000.
    • Unplatted land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Auto Repair Shop Gym & Fitness Pharmacy Department Store Skin Care Clinic Kitchen & Bath Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1979099
    Latitude
    44.678989

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    FAQs

    What type of property is this?
    Farm - 79.3 Acres, Agricultural/Commercial Zoning
    Where is this farm located?
    The property is located at 18679 Flagstaff Ave Farmington, MN.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 79.3-acre parcel with existing house at 18679 Flagstaff Ave.; Ag-zoned land, ideal for development.; Parcel IDs: 14-01500-75-021 & 14-01500-75-031.
    Request Owner's contact information
    18679 Flagstaff Ave Farmington, MN 55024
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    Farmington, MN 55024
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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
    18679 Flagstaff Ave Farmington, MN 55024
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