Listed at
$299,000

29xxx County Highway 1

29xxx County Highway 1, Underwood, MN, 56586
10  Acres
Days on market52
TypeLand
Est. $5,970buyer credit when you buy with SODL
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About this home

Fantastic opportunity with this lot! The combination of being located at the intersection of County Hwy 1 and Hwy 35, along with having 10 acres +/- of land, offers tremendous potential for various businesses or projects. Converting it from agricultural use to a commercial or mixed-use property will likely require a survey to define the exact boundaries before finalizing the sale. Given its prime location and size, you have the flexibility to explore different options such as a storage building, convenience store, or even landscaping services. Each of these could benefit greatly from the visibility and accessibility that this location offers. It's essential to consider zoning regulations and any local ordinances that might affect your plans, but overall, this seems like an excellent opportunity for a successful venture!

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Home facts

Property typeLand
Lot size10 acres (400x 1269 irregular- see survey)
Days on market52
ListedAug 7, 2026
MLS #NST7123988
CountyOtter Tail
Parcel #57000050037900

Facts & features

Interior

Bathrooms
0

Property

Lot size
10 acres
Lot dimensions
400x 1269 irregular- see survey
Road frontage
Paved Streets
Parcel #
57000050037900
Zoning
Agriculture

Construction

Property type
Land

Utilities

Utilities
Other Available, Other Connected

Community & HOA

HOA
No HOA
School district
550 - Underwood
High school district
Underwood

Financial & listing details

Annual tax
$908 (2026)
Listed
Aug 7, 2026
Days on market
52
Inclusions
None

Interior details

Total bathrooms0

Exterior & lot

Road frontagePaved Streets
ZoningAgriculture

Utilities

Parking & garage

Financial details

Annual taxes$908
Tax year2026
Taxes w/ assessments908
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District550 - Underwood
District number550
District phone2188266101
High schoolUnderwood
SODL flat fee brokerage
$5,970Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,970

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,747/mo
Principal & interest$1,571
Property taxes$76
Home insurance (est.)$100
%
$59,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

29xxx County Highway 1, Underwood, MN, 56586

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Listing information

MLS #NST7123988
StatusActive
Last updatedAug 10, 2026, 7:08 PM
Originally listedAug 7, 2026, 10:08 PM
Listing officeDane Arthur Real Estate Agency-Crosslake

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.