Property profile

3897 Mn-23 Holyoke, MN 55749

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This unique 40-acre property in Holyoke, Minnesota, offers a truly off-grid experience. Nestled in dense woodlands along the Nemadji River, it features three rustic cabins, each with its own charm. Cabin 1 boasts two bedrooms, an open living/kitchen area, a fireplace, and expansive decks; measuring 20x32 feet with an additional 18x20 sitting room. Cabin 2 includes one bedroom, a small kitchen, a 10x20 foot loft, and a 14x16 foot addition, totaling 20x24 feet. The third cabin is a cozy 20x20 foot structure with a bedroom, kitchenette, wood-burning stove, and an 8x20 foot addition. While lacking municipal water, sewer, and electricity, the cabins utilize a generator, rainwater holding tank, and RV-style plumbing (decorative hand pump is non-functional). Several established deer stands are positioned throughout the gently rolling terrain, making this a prime hunting location. Numerous trails are perfect for four-wheeling. The property is zoned residential and has an APN of 480200920. Located just 30 minutes from Duluth, this secluded retreat offers easy access to the city while providing ample opportunities for outdoor recreation near the Nemadji State Forest, Blackhoof WMA, Storlie Wildlife Management Area, and Oak Lake. The asking price is $269,900. The property's address is 3897 MN-23, Holyoke, MN 55749.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

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

Location

3897 Mn-23 Holyoke, MN 55749
Holyoke metro
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Value estimations

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Owner & transaction history

Comparables

5 recent transactions · within 1.5 mi
Comparable in this city
5 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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