Property profile

Kinghurst Township Dora Lake Rd Northome, MN 56661

OFF-MARKET
Land
35.33 ac lot
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Property summary

AI-generated overview

This exceptional 35.33-acre property, located in Kinghurst Township near Dora Lake, Itasca County, Minnesota, presents a unique investment opportunity. Priced at $89,900 ($2,545/acre), this expansive land parcel offers a multitude of possibilities. Situated west of Wirt, MN, and just off Dora Lake, the property provides ample space for outdoor recreation, including hiking, camping, fishing, and boating. Its proximity to Dora Lake and numerous nearby resorts enhances its recreational appeal. The land offers the potential for building a cabin or home, creating a private retreat or family getaway. The property's location provides a balance between tranquil countryside living and convenient access to urban amenities, with Grand Rapids, MN, approximately an hour south. The property is conveniently located right off Highway 29. Annual real estate taxes are $94. This versatile land is ideal for those seeking a recreational escape or a strategic investment in a desirable Minnesota location. The property is zoned for commercial and farm use. The address is Dora Lake, Kinghurst Township, MN 56661.

Property profile

Verified
Property type Land
Lot 35.33 ac (1,538,975 SF)

Cap rate & NOI

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

Location

Kinghurst Township Dora Lake Rd Northome, MN 56661
Northome 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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