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    3Rd Ave Pine Island, MN 55963

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

    Current Use by Public Records

    • Land

    Property Details for 0 3Rd Ave

    Lot size
    19.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pine Island
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.6586
    Latitude
    44.1791

    Comparable in this City

    • Value Estimation by Request
      32.29 Acres

      19Th Ave

      Farms • 32.29 Acres
      0 19Th Ave, Pine Island, MN 55963
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    • Value Estimation by Request
      62.47 Acres

      11Th St

      Farms • 62.47 Acres
      0 11Th St, Pine Island, MN 55963
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    • Value Estimation by Request
      11.00 Acres

      57 Tbd Hwy

      Farms • 11.00 Acres
      57 Tbd Hwy, West Concord, MN 55963
      View Details
    • Value Estimation by Request
      4.89 Acres

      3Rd St

      Land • 4.89 Acres
      0 3Rd St, Pine Island, MN 55963
      View Details
    • Value Estimation by Request
      0.63 Acres

      206 3rd NE St

      COMMERCIAL (GENERAL) • 0.63 Acres
      206 3rd NE St, Pine Island, MN 55963
      View Details
    • Value Estimation
      $285,000
      1.05 Acres

      200 3rd NE St

      COMMERCIAL (GENERAL) • 1.05 Acres
      200 3rd NE St, Pine Island, MN 55963
      View Details

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    3Rd Ave
    Pine Island, 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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