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    Labeaux Ave Hanover, MN 55341

    Sponsored
    For Sale
    $900,000

    Prime Hanover development land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14.23-acre commercial lot presents a remarkable development opportunity in Hanover, Minnesota. Located on County Road 19, this property boasts exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures. Zoned for commercial redevelopment and retail uses, the possibilities are extensive. The asking price is $900,000. The property's address is Labeaux Ave NE, Hanover, MN 55341, with GPS coordinates of 45.1657778 latitude and -93.6659622 longitude. This substantial parcel offers developers a chance to capitalize on a high-traffic location within a thriving community. The expansive acreage allows for significant build-out potential, catering to large-scale projects or the creation of multiple commercial units. Given its prime location and zoning, this property represents a compelling investment for those seeking a high-impact commercial development project in a desirable Minnesota market. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is classified as commercial land suitable for redevelopment and retail purposes. This is a rare opportunity to acquire a significant land parcel in a growing area with excellent visibility and access.

    Property Features for 0 Labeaux Ave

    General Information

    Property type
    Land

    HighLights

    • 14.23‑acre commercial lot in Hanover, MN, ideal for redevelopment.
    • High‑visibility location on County Road 19, offering excellent accessibility.
    • Zoned for commercial and retail uses.
    • Asking price: $900,000.
    • Address: Labeaux Ave NE, Hanover, MN 55341 (45.1657778, -93.6659622).
    • Significant build‑out potential for large‑scale projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hanover
    County
    Wright
    State
    Minnesota
    Longitude
    -93.6659622
    Latitude
    45.1657778

    Nearby Comparable

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    Nearby Similar for Sale

    • $750,000
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      Spacious Industrial Building in Hanover

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      5,440 SF

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    • $2,200,000
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      Hanover Commercial Land & Buildings

      7.74 Acres, Great Redevelopment Potential
      534 Labeaux Ave, Hanover, MN 55376
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      Hanover Mixed-Use Redevelopment Opportunity

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    FAQs

    What type of property is this?
    Land - Prime Hanover development land, high visibility.
    Where is this land located?
    The property is located at Labeaux Ave Hanover, MN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 14.23-acre commercial lot in Hanover, MN, ideal for redevelopment.; High-visibility location on County Road 19, offering excellent accessibility.; Zoned for commercial and retail uses.
    Request Owner's contact information
    Labeaux Ave Hanover, MN 55341
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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
    Labeaux Ave Hanover, MN 55341
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