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    County Rd 19 & Larsen Rd Corcoran, MN 55340

    For Sale
    $1,400,000

    Rare 38.14 sq ft lot, ideal for building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 38.14-square-foot lot, located at the intersection of County Road 19 and Larsen Road in Corcoran, Minnesota, presents a unique opportunity for discerning buyers. Situated in Hennepin County, with a zip code of 55340, this property is zoned Rural Residential - RR, offering versatility for various development projects. The asking price is $1,400,000. Its convenient location provides quick access to Highway 55, enhancing its appeal for commuters and those seeking easy access to major transportation routes. The property's small size makes it suitable for a variety of uses, including a potential hobby farm or a strategic investment opportunity in a rapidly growing area. The parcel is identified by APN 18-119-23-42-0001. This land falls within the Independent School District 883, the Rockford Area School District, providing access to quality education for future residents. Given its zoning and location, this property represents a compelling investment prospect with significant potential for future development. The coordinates are 45.112592 latitude and -93.6357043 longitude.

    Property Features for 0 County Rd 19 & Larsen Rd

    General Information

    Property type
    Land

    HighLights

    • Exceptional 38.14‑square‑foot lot in Corcoran, MN.
    • Located at the intersection of County Road 19 and Larsen Road, Hennepin County, zip code 55340.
    • Rural Residential (RR) zoning allows for versatile development.
    • $1,400,000 asking price.
    • Convenient access to Highway 55.
    • APN 18‑119‑23‑42‑0001.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corcoran
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.6357043
    Latitude
    45.112592

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    FAQs

    What type of property is this?
    Land - Rare 38.14 sq ft lot, ideal for building.
    Where is this land located?
    The property is located at County Rd 19 & Larsen Rd Corcoran, MN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Exceptional 38.14-square-foot lot in Corcoran, MN.; Located at the intersection of County Road 19 and Larsen Road, Hennepin County, zip code 55340.; Rural Residential (RR) zoning allows for versatile development.
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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
    County Rd 19 & Larsen Rd Corcoran, MN 55340
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