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    47260 461St Ave Nicollet, MN 56074

    Sponsored
    For Sale
    $700,000

    26 Acres, Highway 14 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26-acre commercial development site in Nicollet, Minnesota, presents a unique investment opportunity. Located at 47260 461st Avenue, Nicollet County, zip code 56074, this property boasts unparalleled visibility due to its adjacency to the Highway 14 Bypass. The site offers excellent access to major transportation routes, connecting Nicollet to North Mankato, Owatonna, Rochester, and New Ulm. Ideal for retail, office, or industrial development, the land is relatively flat with a gentle east-to-west slope. The asking price is $700,000. Please note that the exact acreage and new parcel identification number (PID) will be determined following final road placement and county approvals. Zoning details will also be finalized by Nicollet County. This prime location, combined with its size and accessibility, makes this property an attractive prospect for developers seeking a strategic foothold in a growing area. The property is situated on the southwestern edge of Nicollet, offering both visibility and proximity to the city's amenities. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a desirable Minnesota location.

    Property Features for 47260 461St Ave

    General Information

    Property type
    Land
    Lot Size
    1,132,560 SF

    HighLights

    • Excellent highway visibility from Highway 14 bypass.
    • Adjacent to Nicollet city limits.
    • Gently sloping, relatively flat land.
    • Final land details (PID, zoning, acreage) pending Nicollet County confirmation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Clothing Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Nicollet
    County
    Nicollet
    State
    Minnesota
    Longitude
    -94.1955301
    Latitude
    44.2648919

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 26 Acres, Highway 14 Access
    Where is this land located?
    The property is located at 47260 461St Ave Nicollet, MN.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Excellent highway visibility from Highway 14 bypass.; Adjacent to Nicollet city limits.; Gently sloping, relatively flat land.
    (507) 317-2353
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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
    47260 461St Ave Nicollet, MN 56074
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