11 Acres, Goodhue, MN 55027
This exceptional 11-acre parcel presents a unique investment opportunity in Goodhue County, Minnesota. Currently zoned agricultural, this flat, level land boasts significant potential for commercial development, with application and approval for rezoning already in place. Situated conveniently near the city limits of Wanamingo, MN, and easily accessible from a state highway, the property benefits from proximity to existing city amenities and infrastructure. Natural drainage is a key feature, minimizing potential development challenges. The land's location offers a range of opportunities for businesses seeking expansion or a new location. While currently used for agricultural purposes, its prime location and rezoning potential make it an ideal site for a variety of commercial ventures. The asking price is $330,000, and real estate taxes are to be determined. This 11-acre tract offers a blend of agricultural utility and high commercial potential, making it a compelling investment in a desirable Minnesota location. The zip code is 55027.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.