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    OFF-MARKET
    Land

    0 Newton Ave, Watertown, MN 55388

    6.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 6.78 ac (295,337 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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