Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9569 63rd Street S Cottage Grove, MN 55016

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $157,000

    Land available on 63rd Street South, Cottage Grove.

    Type:Land
    Added:
    Apr 8, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 12 at 12:16 am

    Property Features for 9569 63rd Street S

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Nikki Ritter
    Nikki Ritter

    Listing agent Nikki Ritter

    Listing office RE/MAX Advantage Plus

    Listing date Apr 8, 2026

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage Plus

    Overview

    Land For Sale

    This land is located on 63rd Street South in Washington County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Cottage Grove
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9373811
    Latitude
    44.8560157

    Nearby Similar for Sale

    • $19

      Class A Mixed-Use Development

      Class A office, medical, or retail space available May 2026.
      6939 Pine Arbor Drive S, Cottage Grove, MN 55016
      View Details
    • $550,000
      2,200 SF

      Renovated Cottage Grove Business Building

      Historic building with renovated interior and exquisite outdoor patio.
      7404 Lamar S Avenue, Cottage Grove, MN 55016
      View Details
    • $550,000

      Renovated Historic Cottage Grove Building

      Completely renovated commercial building with a breathtaking outdoor patio.
      7404 Lamar Avenue S, Cottage Grove, MN 55016
      View Details
    • $899,900

      Private Island Sanctuary on Mississippi

      14.25 acres on Lower Grey Cloud Island with river frontage.
      Tbd Grey Cloud Trail S, Cottage Grove, MN 55016
      View Details
    • $157,000

      Residential Lot in Cottage Grove

      Desirable Cottage Grove lot with city utilities and watershed views.
      9573 63rd Street S, Cottage Grove, MN 55016
      View Details
    • $157,000

      Residential Lot in Cottage Grove

      Open-builder lot in a desirable Cottage Grove neighborhood.
      9569 63rd Street S, Cottage Grove, MN 55016
      View Details
    • $157,000

      Residential Lot in Cottage Grove

      Open-builder lot in desirable Cottage Grove neighborhood.
      9565 63rd Street S, Cottage Grove, MN 55016
      View Details
    • $167,000

      Buildable Homesite in Cottage Grove

      Homesite with city services, bring your own builder!
      9544 63rd Street S, Cottage Grove, MN 55016
      View Details
    • $167,000

      Residential Lot in Cottage Grove

      Buildable lot in desirable Cottage Grove neighborhood with city services.
      9540 63rd Street S, Cottage Grove, MN 55016
      View Details
    • $132,000

      Residential Land in Cottage Grove

      Residential land available for custom home in Cottage Grove, MN.
      9005 62nd Street S, Cottage Grove, MN 55016
      View Details
    • $125,000

      Residential Land in Cottage Grove

      Residential land available for custom home in Cottage Grove, MN.
      6236 Jarvis Avenue S, Cottage Grove, MN 55016
      View Details
    • $1,332,936

      Land Ready for Development

      Land entitled for multi-family development with utilities on site.
      10251 Hadley Ave S, Cottage Grove, MN
      View Details

    FAQs

    What type of property is this?
    Land - Land available on 63rd Street South, Cottage Grove.
    Where is this land located?
    The property is located at 9569 63rd Street S Cottage Grove, MN.
    What is the asking price?
    The asking price for this property is $157,000.
    What are key features of this property?
    This property features: Located on 63rd Street South; Washington CountyOrParish
    (701) 609-7835
    We can help!
    Listing Contact
    Nikki Ritter
    Nikki Ritter
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!