Property profile

0 County Rd 19 & Larsen Rd Corcoran, MN 55340

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 38.14-square-foot lot, located at the intersection of County Road 19 and Larsen Road in Corcoran, Minnesota, presents a unique opportunity for discerning buyers. Situated in Hennepin County, with a zip code of 55340, this property is zoned Rural Residential - RR, offering versatility for various development projects. The asking price is $1,400,000. Its convenient location provides quick access to Highway 55, enhancing its appeal for commuters and those seeking easy access to major transportation routes. The property's small size makes it suitable for a variety of uses, including a potential hobby farm or a strategic investment opportunity in a rapidly growing area. The parcel is identified by APN 18-119-23-42-0001. This land falls within the Independent School District 883, the Rockford Area School District, providing access to quality education for future residents. Given its zoning and location, this property represents a compelling investment prospect with significant potential for future development. The coordinates are 45.112592 latitude and -93.6357043 longitude.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

County Rd 19 & Larsen Rd Corcoran, MN 55340
Corcoran metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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