Property profile

57 Tbd Hwy West Concord, MN 55963

OFF-MARKET
Land
11 ac lot
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Property summary

AI-generated overview

This exceptional 11-acre property presents a unique investment opportunity in Goodhue County, Minnesota. Located near the city limits of Wanamingo (zip code 55963), this parcel boasts both agricultural and commercial zoning potential. Currently zoned for agriculture (APN 380311601), the land offers significant flexibility for businesses seeking a strategic location. Its proximity to Wanamingo provides convenient access to local amenities and infrastructure. The property's size and location make it suitable for a variety of commercial ventures, subject to necessary rezoning approvals. The asking price is $330,000. While currently used for agricultural purposes, the land's attributes and location suggest strong potential for commercial development. The surrounding area features lush vegetation, adding to the property's overall appeal. This is an ideal opportunity for businesses looking to expand their operations or establish a new presence in a thriving community. The property is easily accessible from Highway 57. Serious inquiries are encouraged to explore the possibilities of this versatile land parcel.

Property profile

Verified
Property type Land
Lot 11 ac (479,160 SF)

Cap rate & NOI

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

Location

57 Tbd Hwy West Concord, MN 55963
West Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

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