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    309 8Th Ave Pipestone, MN 56164

    Sponsored
    For Sale
    $375,000

    1.19-acre commercial lot, ideal retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.19-acre commercial property is strategically located at the high-traffic corner of 8th Avenue SE (King of Trails) and 4th Street SE in Pipestone, Minnesota. Situated along Pipestone's main retail corridor, this property presents a significant opportunity for businesses seeking high visibility and accessibility. The lot is zoned Commercial, offering flexibility for a variety of retail or commercial ventures. The property includes a closed convenience store with existing in-ground tanks, providing potential for redevelopment or repurposing. The substantial 1.2-acre size provides ample space for new construction or expansion of existing structures. With its prime location and zoning, this property is poised for success in a thriving community. The address is 309 8th Ave SE, Pipestone, MN 56164, within Pipestone County. The asking price for this exceptional opportunity is $375,000. This hard corner lot offers unparalleled exposure and potential for significant return on investment. Don't miss this chance to acquire a highly desirable commercial property in a growing market.

    Property Features for 309 8Th Ave

    General Information

    Property type
    Land
    Lot Size
    51,836 SF

    HighLights

    • $375,000 asking price.
    • 1.19‑acre commercial land parcel.
    • Located at 309 8th Ave SE, Pipestone, MN 56164.
    • Commercial zoning.
    • High‑traffic corner lot on Pipestone's main retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pipestone
    County
    Pipestone
    State
    Minnesota
    Longitude
    -96.3071361
    Latitude
    43.9975793

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    Nearby Similar for Sale

    • $325,000
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      Pipestone Dairy Queen Business

      Thriving Seasonal Business, Prime Location
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    FAQs

    What type of property is this?
    Land - 1.19-acre commercial lot, ideal retail.
    Where is this land located?
    The property is located at 309 8Th Ave Pipestone, MN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price.; 1.19-acre commercial land parcel.; Located at 309 8th Ave SE, Pipestone, MN 56164.
    Request Owner's contact information
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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
    309 8Th Ave Pipestone, MN 56164
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