122 State Hwy 11 Leo, MN 56726
This vacant commercial land parcel, located at 122 State Highway 11 E in Greenbush, Minnesota, presents a unique investment opportunity. The property boasts a substantial 6,098.4 square foot lot and a 1,500 square foot building constructed in 2010. Its strategic location along State Highway 11 ensures high visibility and accessibility. The building itself is ready for immediate occupancy, featuring a convenient drive-through window, a half-bathroom, and a comfortable interior climate controlled by a central air conditioning system and a propane forced air furnace supplemented by hot water underfloor heating. The property is zoned for commercial use and offers endless possibilities for a variety of businesses. The asking price is $158,500. This is a rare opportunity to acquire a well-maintained, ready-to-use commercial property in a desirable location. The property is situated in Roseau County, Minnesota, with the zip code 56726. This location offers excellent access to local amenities and a strong regional economy. Don't miss this chance to establish your business in a thriving community. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.