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    Tbd Somsen St New Ulm, MN 56073

    Sponsored
    For Sale
    Contact for pricing

    Prime Industrial Land, Hwy 14 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 7.67-acre industrial land parcel presents a unique development opportunity in New Ulm, Minnesota. Strategically located on TBD Somsen St, the property enjoys convenient access to Highway 14, ensuring excellent connectivity and high visibility. The site is situated on the north end of New Ulm, a city celebrated for its historic charm and vibrant community. Nearby amenities include Flandrau State Park, Hermann Heights Monument, and the August Schell Brewery, offering employees and residents a rich blend of cultural attractions and outdoor recreation. The property's location also benefits from proximity to a Walmart Supercenter, Menards, numerous retail and light industrial businesses, and the New Ulm Airport. This combination of accessibility, amenities, and a thriving local economy makes this land ideal for a variety of commercial developments. The property's size and location offer significant potential for investors seeking to capitalize on the growth and potential of this desirable area. The asking price is to be determined. The property is zoned for industrial use, offering flexibility for various projects. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 Tbd Somsen St

    General Information

    Property type
    Land
    Lot Size
    334,105 SF

    HighLights

    • 7.67‑acre industrial land parcel in New Ulm, MN.
    • Located on TBD Somsen St, New Ulm, MN 56073.
    • Easy access to Hwy 14.
    • Development opportunity with multiple potential uses.
    • Prime location near amenities including Flandrau State Park, Hermann Heights Monument, August Schell Brewery, Walmart, Menards, and New Ulm Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Ulm
    County
    Brown
    State
    Minnesota
    Longitude
    -94.498322
    Latitude
    44.3303181

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Hwy 14 Access
    Where is this land located?
    The property is located at Tbd Somsen St New Ulm, MN.
    What are key features of this property?
    This property features: 7.67-acre industrial land parcel in New Ulm, MN.; Located on TBD Somsen St, New Ulm, MN 56073.; Easy access to Hwy 14.
    Request Owner's contact information
    Tbd Somsen St New Ulm, MN 56073
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    New Ulm, MN 56073
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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
    Tbd Somsen St New Ulm, MN 56073
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