Prime commercial opportunity in Norwood Young America! This C-3 zoned property consists of three combined lots, offering exceptional space and flexibility for redevelopment. With strong potential for an apartment complex, mixed-use retail with residential above, or a variety of commercial ventures, this site is ideal for investors and developers. Located in a high-visibility area with significant growth potential, it’s a rare chance to bring new energy to the community. Explore the possibilities and capitalize on this versatile property.
Active
$299,000
120 Morse St N, Nya, MN 55368
--beds
--baths
1.3Acres
Unimproved Land
Built in ----
1.3 Acres Lot
$176,700 Zestimate®
$--/sqft
$-- HOA
What's special
Three combined lots
- 88 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
David A Gilmore 612-750-8411,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7062060
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 1.3 Acres
- Features: Irregular Lot
- Topography: Level,Walkout
Details
- Parcel number: 580145250
- Zoning description: Business/Commercial
Utilities & green energy
- Utilities for property: Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Water Available
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Nya
Financial & listing details
- Tax assessed value: $221,200
- Annual tax amount: $4,113
- Date on market: 4/25/2026
- Inclusions: Survey, Survey Stakes, Topographic Map
- Road surface type: Paved
Estimated market value
$176,700
$127,000 - $239,000
$1,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2026 | Listed for sale | $299,000+298.7% |
Source:  NorthstarMLS as distributed by MLS GRID #7062060 Report a problem | ||
| 12/12/2024 | Sold | $75,000-40% |
Source: NorthstarMLS as distributed by MLS GRID #6462470 Report a problem | ||
| 11/16/2023 | Sold | $125,000+733.3% |
Source: Public Record Report a problem | ||
| 11/19/2012 | Sold | $15,000-40% |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1697152 Report a problem | ||
| 12/22/2011 | Price change | $25,000-16.7% |
Source: RE/MAX #4096491 Report a problem | ||
| 10/21/2011 | Listed for sale | $30,000-55.9% |
Source: RE/MAX #4096491 Report a problem | ||
| 1/29/2004 | Sold | $68,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,226 -17.8% | $221,200 +12.7% |
| 2024 | $8,788 +23.9% | $196,200 -0.7% |
| 2023 | $7,094 +103.3% | $197,500 +5.7% |
| 2022 | $3,490 -80.4% | $186,900 +22.2% |
| 2021 | $17,840 +108.9% | $153,000 +1.9% |
| 2020 | $8,538 +139.3% | $150,100 +3.2% |
| 2019 | $3,568 | $145,500 +14.7% |
| 2017 | $3,568 +186.4% | $126,800 +43.3% |
| 2016 | $1,246 | $88,500 +3.8% |
| 2015 | $1,246 +48.7% | $85,300 +85.4% |
| 2014 | $838 +0.2% | $46,000 |
| 2013 | $836 -1.4% | $46,000 |
| 2012 | $848 +0.5% | $46,000 -23.8% |
| 2011 | $844 -4.1% | $60,400 |
| 2010 | $880 +7.3% | -- |
| 2009 | $820 -34% | $69,300 -35.1% |
| 2008 | $1,242 | $106,700 -12.7% |
| 2007 | -- | $122,230 +12.2% |
| 2005 | -- | $108,948 +1.6% |
| 2004 | -- | $107,237 |
| 2002 | -- | -- |
| 2001 | $711 +2% | -- |
| 2000 | $697 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 55368
Nearby schools
GreatSchools rating
- 7/10Central Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Central Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10Central Senior High SchoolGrades: 9-12Distance: 0.4 mi
- $--2 bd1 ba-- sqft120 Morse St N #200, Norwood Young America, MN 55368Off Market
- $35,8006,098 Square Feet120 Elm St W, Nya, MN 55368Off Market
- $--4,791.6 Square Feet118 Elm St W, Norwood Young America, MN 55368Off Market
- $---- bd1 ba450 sqft110 Elm St W APT 6, Nya, MN 55368Off Market
- $--2 bd1 ba900 sqft110 Elm St W APT 5, Nya, MN 55368Off Market
- $---- bd1 ba400 sqft110 Elm St W APT 3, Norwood Young America, MN 55368Off Market
- $270,9004 bd3 ba2.4k sqft110 Morse St N, Nya, MN 55368Off Market
- $---- bd-- ba-- sqft127 Elm St W, Norwood Young America, MN 55368Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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