Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Park Rapids Recreational Land For Sale Title is generated by Realmo AI

    Tract A Brietbach Road, Park Rapids, MN 56470

    View on Map
    Claim this Listing
    For Sale
    $195,000

    Lots & Land - Park Rapids, MN

    Lot size:
    20.16 Acres
    Added:
    Feb 21, 2025
    Days on Market:
    455
    Last Refresh:
    May 22 at 4:06 am

    Property Features for Tract A Brietbach Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Lot,Residential-Single Family
    Standard status
    Active
    APN
    TBD
    Lot size
    20.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    0

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dennis Wickham

    Listing agent Dennis Wickham

    Listing office Your Home Sold Guaranteed Realty Exclusive 24199 State Hwy 371 Unit #4, Nisswa, MN

    Listing date Feb 21, 2025

    MLS# 6670708 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Little Mantrap Lake waterfront property with the ability to build a cabin just 15 feet from the water's edge.
    • Over 20 acres of recreational land.
    • Direct connection to State of MN DNR land.
    • Great fishing and boating opportunities.
    • Waterfront features included.
    • Additional land and acreage are available.

    Overview

    This property features over 20 acres of recreational land on Little Mantrap Lake. The land offers opportunities for recreational activities and the potential to position a structure close to the water's edge. The property is suitable for recreational vehicle use or cabin construction. The location is ideal for fishing and boating. The property connects with State of Minnesota Department of Natural Resources land. Additional land and acreage are available.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Park Rapids
    County
    Hubbard
    State
    Minnesota
    Longitude
    -95.0029
    Latitude
    46.9966

    Nearby Similar for Sale

    • $469,000

      Park Rapids Commercial Opportunity

      Prime location with high visibility on Highway 34.
      109 1st Street E, Park Rapids, MN 56470
      View Details
    • $329,000

      Established Pet Boarding Facility

      Premier pet boarding facility in Park Rapids lakes area.
      20151 Eddie Baxter Drive, Park Rapids, MN 56470
      View Details
    • $499,000

      Spacious Pole Barn on 5 Acres

      60'x120' pole barn on 5 acres near Park Rapids.
      31282 US 71, Park Rapids, MN 56470
      View Details
    • $2,100,000

      123 Acres Wooded Land

      Large wooded land with shoreline, cabins, and recreational trails.
      24965 Hammock Trail, Park Rapids, MN 56470
      View Details
    • $990,000

      Park Rapids Development Opportunity

      8.48 acres of commercial land in Park Rapids, MN.
      Abc Henrietta Avenue, Park Rapids, MN 56470
      View Details
    • $199,900

      Park Rapids 15-Acre Retreat

      15-acre property with garage, shed, well, and septic.
      12240 Island Lake Drive, Park Rapids, MN 56470
      View Details
    • $299,900

      80 Acres Recreational Land

      Recreational property with pond, trails, and hunting amenities.
      55000 Kueber Road, Park Rapids, MN 56470
      View Details
    • $44,900

      Prime In-Town Building Site

      A rare R-3 zoned property ideal for building.
      Abc East River Drive, Park Rapids, MN 56470
      View Details
    • $299,900

      Eagle Lake Waterfront Land

      3.23 acre lake lot with 362' of lakeshore.
      26402 "Tract A" Inlet Trail, Park Rapids, MN 56470
      View Details
    • $69,900

      Residential Land in Park Rapids

      9-acre residential land parcel in a convenient Park Rapids location.
      Tract K 175th Avenue, Park Rapids, MN 56470
      View Details
    • $89,900

      Residential Land in Park Rapids

      9-acre residential land parcel in a convenient Park Rapids location.
      Tract J 175th Avenue, Park Rapids, MN 56470
      View Details
    • $250,000

      Park Rapids Hunting and Building Land

      65 acres near Long Lake, ideal for hunting or building.
      Tbd Arbor Road, Park Rapids, MN 56470
      View Details

    FAQs

    What type of property is this?
    Recreation land - 20+ acres of recreational land on Little Mantrap Lake.
    Where is this recreation land located?
    The property is located at Tract A Brietbach Road Park Rapids, MN.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Little Mantrap Lake waterfront property with the ability to build a cabin just 15 feet from the water's edge.; Over 20 acres of recreational land.; Direct connection to State of MN DNR land.
    (218) 820-6139
    We can help!
    Listing Contact
    Dennis Wickham
    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

    Thank You for Inquiry
    Tract A Brietbach Road, Park Rapids, MN 56470
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!