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    185 High Point Pl Byron, MN 55920

    For Sale
    Contact for pricing

    Fully Leased, 5,720 SF Office/Retail Space

    Property size:
    5,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a fully leased, single-story multi-tenant building situated at 185 High Point Pl NE in Byron, Minnesota, 55920. The property encompasses 5,720 square feet across three units, ideally suited for a variety of office and retail uses. Currently occupied by a counseling business, a hair salon, and a flooring business, the building boasts a strong tenant roster. Each unit features its own private bathroom and convenient access to a rear employee parking lot. Ample client and customer parking is available in the spacious front lot. Built in 2005 on a 36,702 square foot lot (APN: 75.33.23.069461), this property benefits from a recently replaced roof (installed three years ago). The building's operational efficiency is enhanced by the tenants' responsibility for most utilities

    Property Features for 185 High Point Pl

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,720 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Fully leased, single‑story multi‑tenant building totaling 5,720 square feet.
    • Three units ideal for office and retail use, currently occupied by a counseling business, hair salon, and flooring business.
    • Features ample client/customer parking and rear employee parking.
    • Recently replaced roof (installed three years ago).
    • Tenants responsible for most utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    King's Flooring Flooring Contractor Hair Games Etc Beauty Salon Healing Moments Counseling Counselor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Byron
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.6346055
    Latitude
    44.0299501

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    FAQs

    What type of property is this?
    Individual retail property - Fully Leased, 5,720 SF Office/Retail Space
    Where is this individual retail property located?
    The property is located at 185 High Point Pl Byron, MN.
    What are key features of this property?
    This property features: Fully leased, single-story multi-tenant building totaling 5,720 square feet.; Three units ideal for office and retail use, currently occupied by a counseling business, hair salon, and flooring business.; Features ample client/customer parking and rear employee parking.
    Request Owner's contact information
    185 High Point Pl Byron, MN 55920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    185 High Point Pl Byron, MN 55920
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