Prime 5-Acre Opportunity on Highway 101!
Unlock the potential of this expansive 5-acre level lot boasting an impressive 417 feet of frontage alonghighly traveled Highway 101. This property offers exceptional visibility and access, making it anoutstanding prospect for development. With strong potential for near-future commercial rezoning (buyer toverify with local authorities), this site is ideal for investors, business owners, or developers seekinga strategic location for future growth. Utilities are nearby and the level terrain provides a blankcanvas for your vision. Don’t miss out on this rare opportunity to secure a high-exposure parcel in arapidly developing area!
Active
$600,000
16197 65th St NE, Otsego, MN 55330
--beds
--baths
4.92Acres
Unimproved Land
Built in 1905
4.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level terrain
- 210 days
- 39
- 1
Zillow last checked:
Listing updated:
Listed by:
Daniel D Kreps 612-282-3173,
Keller Williams Classic Rlty NW,
David A Foy 612-990-5400
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7019772
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 4.92 Acres
- Dimensions: 517 x 417 x 469 x 422
- Features: Cleared
- Topography: Level
Details
- Parcel number: 118500353203
- Zoning description: Business/Commercial,Lot,Residential-Single Family
Utilities & green energy
- Utilities for property: Broadband Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Septic Available, Private Well Available, Phone Connected, Underground Utilities Connected, Underground Utilities
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Otsego
Financial & listing details
- Tax assessed value: $254,900
- Annual tax amount: $2,704
- Date on market: 2/12/2026
- Inclusions: None
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listed for sale | $600,000+140% |
Source:  NorthstarMLS as distributed by MLS GRID #7019772 Report a problem | ||
| 6/1/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5288029 Report a problem | ||
| 9/4/2019 | Listed for sale | $250,000 |
Source: Coldwell Banker Burnet #5288029 Report a problem | ||
| 6/1/2019 | Listing removed | $250,000 |
Source: Coldwell Banker Burnet - Buffalo and Wright County #4916865 Report a problem | ||
| 3/15/2018 | Listed for sale | $250,000+100% |
Source: Coldwell Banker Burnet - Buffalo and Wright County #4916865 Report a problem | ||
| 8/21/2017 | Sold | $125,000-1.5% |
Source: NorthstarMLS as distributed by MLS GRID #4803376 Report a problem | ||
| 8/17/2017 | Pending sale | $126,900 |
Source: Elk River #4803376 Report a problem | ||
| 8/17/2017 | Listed for sale | $126,900 |
Source: Elk River #4803376 Report a problem | ||
| 6/30/2017 | Listing removed | $126,900 |
Source: Elk River #4803376 Report a problem | ||
| 6/13/2017 | Pending sale | $126,900 |
Source: Elk River #4803376 Report a problem | ||
| 3/12/2017 | Listed for sale | $126,900-20.6% |
Source: Keller Williams - Elk River #4803376 Report a problem | ||
| 9/21/2016 | Listing removed | $159,900 |
Source: Keller Williams - Elk River #4686554 Report a problem | ||
| 3/8/2016 | Listed for sale | $159,900 |
Source: Keller Williams - Elk River #4686554 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,704 +0.2% | $254,900 +4.2% |
| 2024 | $2,698 +3.6% | $244,600 -3.4% |
| 2023 | $2,604 +12.9% | $253,200 +18% |
| 2022 | $2,306 -0.8% | $214,500 +28.3% |
| 2021 | $2,324 +16.3% | $167,200 +3.3% |
| 2020 | $1,998 -60.8% | $161,800 +0.2% |
| 2019 | $5,096 +155.1% | $161,500 +7.2% |
| 2018 | $1,998 +26.3% | $150,600 +29.7% |
| 2017 | $1,582 +4.2% | $116,100 |
| 2016 | $1,518 | -- |
| 2015 | $1,518 -8% | -- |
| 2014 | $1,650 -7.8% | -- |
| 2013 | $1,790 -9% | -- |
| 2012 | $1,968 -10.1% | -- |
| 2011 | $2,190 -35.2% | -- |
| 2010 | $3,379 +9.2% | -- |
| 2009 | $3,096 +27.5% | -- |
| 2008 | $2,428 +27.8% | -- |
| 2007 | $1,899 +8.8% | -- |
| 2006 | $1,745 +16.7% | -- |
| 2005 | $1,495 +13.4% | -- |
| 2004 | $1,319 +6.5% | -- |
| 2003 | $1,238 -1.4% | -- |
| 2002 | $1,256 -5.8% | -- |
| 2001 | $1,333 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 55330
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