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Property profile & analytics
OFF-MARKET
Land

11 Acres Goodhue, MN 55027

11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11-acre parcel presents a unique investment opportunity in Goodhue County, Minnesota. Currently zoned agricultural, this flat, level land boasts significant potential for commercial development, with application and approval for rezoning already in place. Situated conveniently near the city limits of Wanamingo, MN, and easily accessible from a state highway, the property benefits from proximity to existing city amenities and infrastructure. Natural drainage is a key feature, minimizing potential development challenges. The land's location offers a range of opportunities for businesses seeking expansion or a new location. While currently used for agricultural purposes, its prime location and rezoning potential make it an ideal site for a variety of commercial ventures. The asking price is $330,000, and real estate taxes are to be determined. This 11-acre tract offers a blend of agricultural utility and high commercial potential, making it a compelling investment in a desirable Minnesota location. The zip code is 55027.

Property profile
Verified
Property type Land
Lot 11 ac (479,160 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
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CAP Approach CAP
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Comparable Approach Comparable
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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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