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Property profile & analytics
OFF-MARKET
Land

20th Ave Benson, MN 56215

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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