Property profile

30931 Vergo St Milaca, MN 56353

OFF-MARKET
Land
16.97 ac lot
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Property summary

AI-generated overview

This exceptional 16.97-acre commercial land parcel presents a unique investment opportunity in Isanti County, Minnesota. Located on a tranquil township road between Cambridge and North Branch, this property offers convenient access to Highway 95, ensuring a straightforward commute. The land is predominantly wooded, providing a picturesque setting with abundant wildlife. An existing 26' x 45' garage, complete with power and a driveway, is already on-site, adding significant value and potential utility. While a structure currently exists on the property, it is in disrepair and requires removal, presenting a blank canvas for development. The property's address is 30931 Vergo St NE, North Branch, MN 56353, and is zoned for commercial use. The asking price for this expansive lot is $220,000. This location offers a blend of serene natural beauty and convenient accessibility, making it suitable for a variety of commercial ventures or even a secluded weekend retreat. The property's size and existing infrastructure make it an attractive option for developers seeking a prime location in a growing area.

Property profile

Verified
Property type Land
Lot 16.97 ac (739,213 SF)

Cap rate & NOI

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

Location

30931 Vergo St Milaca, MN 56353
Milaca metro
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Value estimations

Realmo proprietary · 4 methods
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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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