$205,000
●
Land -
Off Market
10005 Rice Road
Brook Park, MN 55007
Studio
0 Bath
$1,040
Est. Monthly
About This Property
This 44.24 acre parcel is one of Minnesota's finest. This is
top-quality buildable land with numerous possibilities, from a
hunting and recreation cabin, to a year-round home. It's
half-way between the Twin Cities and Duluth, and only one-hour
drive from the Minneapolis/St. Paul metro area. While you'll
be deep in Minnesota wilderness, it's only 15 minutes from Pine
City, Mora, and Hinkley, so you'll be a short drive from grocery
stores, great restaurants, and gas stations. The property is
set off from the road by 1/4 mile of gated pasture for privacy.
It's surveyed with easy to locate boundaries. While heavily
wooded, it's full of clearings and trails allowing for exploration
and enjoyment all four seasons. It contains 989 feet of the
Pokegama Creek, which is great for canoes and kayaks. And
it's full of all the incredible wildlife Minnesota is known for.
Click on the "Virtual Tour" tab for a great overview video of this
property. Then arrange a time to come visit this incredible
parcel.
Unit Size
-
Days on Market
-
Land Size
44.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$82
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (RMLS #NST7080205)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$195,000
↓ $15K
(7.1%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Savvy Avenue, LLC | $210,000 | |
| Listed by Savvy Avenue, LLC | |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pine
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Moe Mossa, Savvy Avenue, LLC
Last Updated: 3 days ago
Data Source: RMLS, MLS# NST7080205
Last Updated: 3 days ago
Data Source: RMLS, MLS# NST7080205
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Lee Chuan Lin are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Lee Chuan Lin is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lee Chuan Lin, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Some IDX listings have been excluded from this website. Data last updated: 2026-09-29.
Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017