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    Property profile & analytics

    47260 461St Ave Nicollet, MN 56074

    • Commercial real estate
    • 26.00 lot acres
    For Sale
    View listing
    $700,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-2331101
    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 47260 461St Ave

    Lot size
    26.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 26-acre commercial development site in Nicollet, Minnesota, presents a unique investment opportunity. Located at 47260 461st Avenue, Nicollet County, zip code 56074, this property boasts unparalleled visibility due to its adjacency to the Highway 14 Bypass. The site offers excellent access to major transportation routes, connecting Nicollet to North Mankato, Owatonna, Rochester, and New Ulm. Ideal for retail, office, or industrial development, the land is relatively flat with a gentle east-to-west slope. The asking price is $700,000. Please note that the exact acreage and new parcel identification number (PID) will be determined following final road placement and county approvals. Zoning details will also be finalized by Nicollet County. This prime location, combined with its size and accessibility, makes this property an attractive prospect for developers seeking a strategic foothold in a growing area. The property is situated on the southwestern edge of Nicollet, offering both visibility and proximity to the city's amenities. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a desirable Minnesota location.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nicollet
    County
    Nicollet
    State
    Minnesota
    Longitude
    -94.1955301
    Latitude
    44.2648919

    Comparable in this City

    • $650,000

      Land with Development Potential

      Agricultural land with rezoning potential and highway access.
      46928 461St Ave, Nicollet, MN 56074
      View Details
    • Contact for pricing
      Pending

      Farmland Auction Near Nicollet, Minnesota

      132.63 acre farm auction near Nicollet on November 19, 2025.
      Co. Rd 4, Nicollet, MN 56074
      View Details
    • $1,200,000

      Highway 14 Bypass Development Land

      26 acres with excellent visibility, ideal for development.
      47260 461St Ave, Nicollet, MN 56074
      View Details
    • $137,900
      3,578 SF

      Nicollet Commercial Building - Huge Potential

      Prime Nicollet location, 3578 sq ft, high visibility.
      710 3Rd St, Nicollet, MN 56074
      View Details
    • Contact for pricing
      Pending

      Farmland Auction Near Nicollet, Minnesota

      39.87 acre farm auction near Nicollet on November 19, 2025.
      Co. Rd 4, Nicollet, MN 56074
      View Details

    Similar Nearby for Sale

    • $650,000

      Land with Development Potential

      Agricultural land with rezoning potential and highway access.
      46928 461St Ave, Nicollet, MN 56074
      View Details
    • Contact for pricing
      Pending

      Farmland Auction Near Nicollet, Minnesota

      132.63 acre farm auction near Nicollet on November 19, 2025.
      Co. Rd 4, Nicollet, MN 56074
      View Details
    • $1,200,000

      Highway 14 Bypass Development Land

      26 acres with excellent visibility, ideal for development.
      47260 461St Ave, Nicollet, MN 56074
      View Details
    • $137,900
      3,578 SF

      Nicollet Commercial Building - Huge Potential

      Prime Nicollet location, 3578 sq ft, high visibility.
      710 3Rd St, Nicollet, MN 56074
      View Details
    • Contact for pricing
      Pending

      Farmland Auction Near Nicollet, Minnesota

      39.87 acre farm auction near Nicollet on November 19, 2025.
      Co. Rd 4, Nicollet, MN 56074
      View Details
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    47260 461St Ave
    Nicollet, MN 56074
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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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