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    I-35 Highway 23 Sandstone, MN 55072

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

    Current Use by Public Records

    • Land

    Property Details for I-35 Highway 23

    Lot size
    29.23 lot acres
    Property type
    Land

    Description

    This exceptional 29.23-acre commercial land parcel presents a unique investment opportunity in Sandstone, Minnesota. Strategically located at the intersection of I-35 and Highway 23, this property boasts unparalleled visibility and accessibility. The site benefits from extremely high traffic counts due to its position along a major interstate highway connecting the Twin Cities metropolitan area to Duluth, MN, and providing easy access to Northern Minnesota and Wisconsin. Its central location makes it ideal for a wide range of commercial developments, catering to both local and regional markets. The property's expansive size allows for significant flexibility in development plans, accommodating large-scale projects. With its prime location and substantial acreage, this land offers exceptional potential for substantial return on investment. The APN is 450101002. The asking price for this remarkable property is $500,000. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area. Don't miss out on this chance to secure a prime location for your next venture.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sandstone
    County
    Pine
    State
    Minnesota
    Longitude
    -92.888
    Latitude
    46.1221

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      Sandstone, MN 55072

      COMMERCIAL (GENERAL) • 0.04 Acres
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      0.41 Acres

      Sandstone, MN 55072

      COMMERCIAL (GENERAL) • 0.41 Acres
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    • Value Estimation by Request
      0.23 Acres

      Sandstone, MN 55072

      COMMERCIAL (GENERAL) • 0.23 Acres
      Sandstone, MN 55072
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    • Value Estimation by Request
      0.13 Acres

      Sandstone, MN 55072

      COMMERCIAL (GENERAL) • 0.13 Acres
      Sandstone, MN 55072
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    • Value Estimation
      $205,000
      23.44 Acres

      Sandstone, MN 55072

      COMMERCIAL (GENERAL) • 23.44 Acres
      Sandstone, MN 55072
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    • Value Estimation
      $335,000
      1,600 SF

      501 Commercial N Ave

      COMMERCIAL (GENERAL) • 1,600 SF
      501 Commercial N Ave, Sandstone, MN 55072-5225
      View Details

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    I-35 Highway 23
    Sandstone, MN 55072
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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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