609 1st NW Ave, Dilworth, MN 56529-1700
This exceptional 3.46-acre vacant land parcel in Dilworth, Minnesota, presents a unique investment opportunity. Located at 609 1st Ave NW, the property boasts 580 feet of prime highway frontage on Hwy 10 and a depth of 250 feet, ensuring outstanding visibility and accessibility. The expansive 150,717.6 square foot lot is zoned Commercial - General Business District (C-3), allowing for a diverse range of development possibilities. Potential uses include hotels, restaurants, pubs, retail spaces, or multi-family residential projects. Its strategic location offers proximity to residential areas and benefits from increasing traffic counts. Priced at $866,605.35, or $5.75 per square foot, this property represents an excellent value for developers seeking a high-visibility location with significant development potential. The property's APN is 52.900.0070 / 52.900.0040. This is a for sale by owner listing. The property is suitable for both commercial and residential development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.