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    Property profile & analytics

    176 Main St Foreston, MN 56330

    • Commercial real estate
    • 0.67 lot acres
    For Sale
    View listing
    $59,900
    Value Estimation
    Location Intelligence
    Property ID
    US46-1262308
    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 real estate

    Property Details for 176 Main St

    Lot size
    0.67 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional .67-acre commercial lot in Foreston, Minnesota, presents a remarkable opportunity for development. Located at 176 Main Street, this property boasts convenient highway frontage on Highway 23, with additional access from Main Street, ensuring high visibility and accessibility. The expansive, open land simplifies the construction process, making it ideal for a variety of projects. The lot's zoning allows for diverse uses, including a single-family home or a multi-unit apartment building, catering to a range of investment strategies. Furthermore, the availability of city water and sewer services significantly streamlines the development process, reducing infrastructure costs and accelerating project timelines. Situated in Mille Lacs County, with a zip code of 56330, this property offers a strategic location within a growing community. The asking price for this exceptional lot is $59,900. This represents a compelling investment opportunity given the land's size, location, and development potential. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Minnesota 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
    Foreston
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.7142609
    Latitude
    45.7339119
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    176 Main St
    Foreston, MN 56330
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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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