20th Ave Benson, MN 56215
This exceptional 0.97-acre commercial land parcel, located at 0 20th Ave NE/Co 57 in Benson, Minnesota, presents a unique investment opportunity. Priced at $467,548, this property offers considerable flexibility for developers. The site's zoning allows for various development options, providing adaptability to suit diverse project needs. A significant advantage is the potential for annexation into the City of Benson, granting access to city utilities. This access would support a range of developments, including residential housing and potentially light industrial projects. Benson, known as the "City of Parks," is the county seat of Swift County and boasts several major employers. The asking price includes a substantial $55,000 allowance from the seller, specifically designated for the installation of crucial infrastructure elements: tile, pump, and berm. This allowance significantly reduces upfront development costs, making this property even more attractive for investors seeking a strong return. The property's strategic location and development potential make it an ideal investment in a thriving Minnesota community. The zip code is 56215.
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.