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    Property profile & analytics

    680 Industrial Dr Elgin, MN 55932

    • Commercial land
    • 2.73 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Oct 06, 2023
    $120,000
    Location Intelligence
    Property ID
    US46-3001389
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 680 Industrial Dr

    Lot size
    2.73 lot acres
    Property type
    Commercial land
    APN
    R19.00402.00
    APU
    R190040200

    Description

    This exceptional 1.16-acre commercial lot is the last remaining parcel in the desirable Elgin Industrial Park, located at 680 Industrial Drive SE, Elgin, MN 55932. Boasting Commercial Industrial zoning, this property offers unparalleled opportunities for businesses seeking a strategic location in Wabasha County. The lot is serviced by city water and sewer, ensuring seamless infrastructure connectivity. Priced at $1.25 per square foot, this represents a significant value proposition, especially considering the potential availability of business incentives. This is a rare opportunity to secure a prime piece of land in a thriving industrial park. Don't miss out on this chance to establish your business in a well-located and fully-serviced environment. The property's convenient location provides easy access to transportation networks and essential amenities. Act quickly, as this is the only remaining lot. The land is ready for immediate development, making it an ideal choice for businesses seeking a quick and efficient start-up process. This is a truly exceptional opportunity for businesses seeking a strategic location in a growing community.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.2484
    Latitude
    44.1195
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,484
    $78,500
    $0.00
    $78,500
    -
    $78,500
    $0.00
    $78,500

    Comparable in this City

    • Value Estimation by Request
      1.38 Acres

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      0.44 Acres

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      VACANT COMMERCIAL LAND • 0.44 Acres
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      1.30 Acres

      675 Industrial SE Dr

      VACANT COMMERCIAL LAND • 1.30 Acres
      675 Industrial SE Dr, Elgin, MN 55932-9699
      View Details
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      0.07 Acres

      Elgin, MN 55932

      VACANT COMMERCIAL LAND • 0.07 Acres
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      Elgin, MN 55932

      VACANT COMMERCIAL LAND
      Elgin, MN 55932
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    • Value Estimation by Request
      2.39 Acres

      620 Industrial SE Dr

      VACANT COMMERCIAL LAND • 2.39 Acres
      620 Industrial SE Dr, Elgin, MN 55932-9699
      View Details

    Similar Nearby for Sale

    • $63,162

      Elgin Business Park Land

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    • Contact for pricing
      1.16 Acres

      Elgin Industrial Lot - Last One!

      Prime 1.16-acre commercial lot in Elgin, MN.
      680 Industrial Dr, Elgin, MN 55932
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    Elgin, MN 55932
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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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