0 3Rd Ave Pine Island, MN 55963
This exceptional 19-acre parcel presents a unique investment opportunity in Wanamingo, Minnesota. Located adjacent to the city limits, this property offers convenient access via 3rd Avenue South or Prairie Ridge Lane, ensuring high visibility and easy accessibility. Zoned for agricultural use, the land's expansive size allows for a variety of commercial development possibilities, including retail spaces, manufacturing facilities, or other businesses requiring ample space and convenient access to transportation routes. The property's location provides significant potential for growth and profitability, making it an attractive option for businesses seeking to establish or expand their operations in a thriving community. The parcel's size also allows for substantial parking and outdoor storage areas. Surrounded by lush vegetation, this property offers a blend of natural beauty and commercial potential. The property's APN is 380311601. Asking price is $570,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.