Residential

Richmond, MN Residential Land & Home Lots for Sale

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Land, Richmond, MN
Updated: Jun 12
Land, Richmond, MN

20734 Black Cherry Drive, Richmond, MN 56368

$79,000
1.90 AC lot
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Residential Building Lot
Updated: Jun 12
Residential Building Lot

20734 Black Cherry Dr, Richmond, MN 56368

$79,000
Residential land available for new home construction
Rolling hills with country views
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land in Cold Spring
Residential Land in Cold Spring

812 Krays Lake Road, Cold Spring, MN 56320

$129,900
0.28 AC lot

Premier residential development land available in Cold Spring, Minnesota.

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Residential Lots in Eden Valley
Residential Lots in Eden Valley

545 Willow Avenue, Eden Valley, MN 55329

Contact for pricing
0.15 AC lot

Affordable residential lots in a desirable Eden Valley neighborhood.

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Residential Lots in Eden Valley
Residential Lots in Eden Valley

525 Willow Avenue, Eden Valley, MN 55329

Contact for pricing
0.15 AC lot

Affordable lots in a softly traveled neighborhood, ready to build.

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Land, Cold Spring, MN
Land, Cold Spring, MN

809 Krays Lake Road, Cold Spring, MN 56320

$389,900
0.72 AC lot

Land · 0.72 Acres

View details

Richmond, MN Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Richmond, MN on our real estate platform. These investment opportunities span a total of 82,764 square feet of properties for sale, with an estimated market value of $158,000.

Sale prices for home sites in Richmond, MN average $79,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 2
Residential land & home lots 2
Commercial land 1
Recreation land 1

Demographics Overview

Population 4,162
Population Growth (5Y) -9.1%
Median Household Income $92,963
College Educated 28.0%

High-Yield Neighborhoods for Investment

Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Richmond - 56368 $79K
Winona - 55987 $97.4K

Taxes & Financing

Tax Rate (average for all types) 2.02%
Property Tax per SF $68.66 per SF
Tax Rate vs County Average 0.78 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stearns County

New Delisted

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