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Property profile & analytics
OFF-MARKET
Commercial real estate

176 Main St Foreston, MN 56330

0.67 ac lot
Property ID
US46-1262308
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.67 ac (29,185 SF)
UPID US46-1262308
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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