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Property profile & analytics
OFF-MARKET
Land

0 Tbd Somsen St New Ulm, MN 56073

7.67 ac lot
Property ID
Property summary
AI-generated overview

This 7.67-acre industrial land parcel presents a unique development opportunity in New Ulm, Minnesota. Strategically located on TBD Somsen St, the property enjoys convenient access to Highway 14, ensuring excellent connectivity and high visibility. The site is situated on the north end of New Ulm, a city celebrated for its historic charm and vibrant community. Nearby amenities include Flandrau State Park, Hermann Heights Monument, and the August Schell Brewery, offering employees and residents a rich blend of cultural attractions and outdoor recreation. The property's location also benefits from proximity to a Walmart Supercenter, Menards, numerous retail and light industrial businesses, and the New Ulm Airport. This combination of accessibility, amenities, and a thriving local economy makes this land ideal for a variety of commercial developments. The property's size and location offer significant potential for investors seeking to capitalize on the growth and potential of this desirable area. The asking price is to be determined. The property is zoned for industrial use, offering flexibility for various projects. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Land
Lot 7.67 ac (334,105 SF)
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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