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    57 Tbd Hwy West Concord, MN 55963

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

    Current Use by Public Records

    • Land

    Property Details for 57 Tbd Hwy

    Lot size
    11.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Concord
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.7799
    Latitude
    44.186

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    57 Tbd Hwy
    West Concord, MN 55963
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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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