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    OFF-MARKET
    Land

    11 Acres, Goodhue, MN 55027

    11 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 11 ac (479,160 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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