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Property profile & analytics
OFF-MARKET
Commercial real estate

28983 320Th Avenue Way Red Wing, MN 55066

50 ac lot
Property ID
US46-1389590
Property summary
AI-generated overview

This exceptional 50-acre property in Goodhue County, Minnesota, presents a unique opportunity for agricultural and residential pursuits. Located at 28983 320th Ave Way, Red Wing, MN 55066, the land is zoned for both agriculture and single-family residential use. The asking price is $1,879,900, translating to $333 per square foot of land value. The property features a custom-built home (5,650 sq ft, one story, built in 2004) boasting high-end finishes including in-floor heating, stone fireplaces, a Wolf range, porcelain tile, hardwood floors, and custom cabinetry. The home also includes an indoor pool and an impressive pantry. Outbuildings include a well-maintained barn with box stalls and a large (60x120) heated shed with a bathroom and hoist, featuring 4ft on center rafters. Approximately 30 acres of pasture are enclosed by tensile fencing, and a feedlot permit is current. The property enjoys a private setting on a dead-end road, bordering Frontenac State Park, offering exceptional privacy and tranquility. The APN is 320050200. A virtual tour is available. This property offers a rare blend of comfortable living and significant agricultural potential.

Property profile
Verified
Property type Commercial real estate
Lot 50 ac (2,178,000 SF)
APN 320050200
UPID US46-1389590
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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