Technical
Financial
Distress signals
Property profile

0 Tbd Somsen St New Ulm, MN 56073

OFF-MARKET
Land
7.67 ac lot
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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

Location

Tbd Somsen St New Ulm, MN 56073
New Ulm metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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