0 Newton Ave, Watertown, MN 55388
This exceptional 6.78-acre property in Watertown, Minnesota, presents a unique opportunity for residential development or continued use as a farm or ranch. Located on Newton Ave SE, in Carver County, the land is zoned SF and boasts a prime location with convenient access to local amenities. The property is nearly ready for development, with preliminary plat approval for a four-lot subdivision already underway. While a four-lot division is a straightforward option, alternative configurations are possible. This allows for flexibility in design and development plans to suit individual needs and preferences. The seller is open to considering all reasonable offers. A virtual showing is available upon request, providing a convenient way to explore this promising investment. The property's existing infrastructure and advanced planning stages significantly reduce the time and effort required for development, making it an attractive option for builders and investors alike. The 55388 zip code offers a desirable location within Watertown. Don't miss this chance to acquire a ready-to-develop parcel in a thriving community. Contact us today for more details and to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.