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    Property profile & analytics

    Glen Rd Newport, MN 55055

    • Land
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Glen Rd

    Lot size
    0.86 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.86-acre commercial and industrial land parcel is available for purchase at $400,000. Located on Glen Rd in Newport, Minnesota (zip code 55055), this property boasts an MX-1 Mixed-Use zoning designation, offering significant development flexibility. The land value is $10.68 per square foot. The property's APN is 36.028.22.21.0081. Its prime location provides easy access to major transportation arteries, including Highway 61 and I-494, ensuring excellent accessibility for businesses and employees. The site is pad-ready, significantly reducing development time and costs. Preliminary assessments suggest the potential to construct a building of approximately 5,000 square feet. This presents a unique opportunity for developers seeking a strategically located site with high development potential in a thriving Minnesota community. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9873
    Latitude
    44.8727

    Comparable in this City

    • Value Estimation by Request
      3.57 Acres

      498 7Th Ave

      Land • 3.57 Acres
      498 7Th Ave, Newport, MN 55055
      View Details
    • Value Estimation by Request
      10,050 SF

      50 21st St

      INDUSTRIAL (GENERAL) • 10,050 SF
      50 21st St, Newport, MN 55055-1002
      View Details
    • Value Estimation by Request
      40.67 Acres

      100 Red Rock Rd

      INDUSTRIAL (GENERAL) • 40.67 Acres
      100 Red Rock Rd, Newport, MN 55055-1827
      View Details
    • Value Estimation by Request
      4,866 SF

      57 21st St

      INDUSTRIAL (GENERAL) • 4,866 SF
      57 21st St, Newport, MN 55055-1003
      View Details
    • Value Estimation by Request
      630 SF

      1698 10th Ave

      INDUSTRIAL (GENERAL) • 630 SF
      1698 10th Ave, Newport, MN 55055
      View Details
    • Value Estimation
      $455,000
      1,050 SF

      100 Hastings Ave

      INDUSTRIAL (GENERAL) • 1,050 SF
      100 Hastings Ave, Newport, MN 55055-1828
      View Details

    Similar Nearby for Sale

    • $400,000

      Pad Ready Land For Sale

      Land with completed surveys, concept plans, and easements.
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    • $1,300,000
      5,410 SF

      Retail Portfolio Package For Sale

      Retail properties portfolio package for sale in Newport, Minnesota.
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    • Contact for pricing
      7.88 Acres

      Retail Space in Multifamily Community

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      2300 Hastings Ave, Newport, MN 55055
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      Auto Shop with Highway Visibility

      Corner-lot auto shop with two bays and highway visibility.
      2204 Hastings Ave, Newport, MN 55055
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    Similar Nearby for Lease

    • Contact for pricing
      220,500 SF

      Newport Warehouse and Distribution Space

      220,500 SF warehouse/distribution space with easy highway access.
      Bailey Rd, Newport, MN 55055
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    • $10 SF/Yr
      4,040 SF

      Newport Warehouse/Industrial Space For Rent

      4,200 SF warehouse/industrial space available for lease October 1.
      76 21St St, Newport, MN 55055
      View Details
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    Glen Rd
    Newport, MN 55055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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