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    1226 3Rd St Sartell, MN 56377

    • Commercial real estate
    • 10.85 lot acres
    For Sale
    View listing
    $975,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-1265188
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1226 3Rd St

    Lot size
    10.85 lot acres
    Property type
    Commercial real estate
    APN
    92.56569.0150

    Description

    This exceptional 10.85-acre commercial property in Sartell, Minnesota, presents a unique development opportunity. Located at the corner of Pine Cone Road and 6th Street South (County Road 133), this site boasts a highly visible location adjacent to the new Sartell Public Safety building and Central Minnesota Credit Union, ensuring high traffic and excellent brand exposure. The property is zoned General Business by the City of Sartell, allowing for a wide range of development possibilities. Approximately 6.88 acres are usable, offering ample space for construction. The land is generally flat and build-ready, with city services readily available along Pine Cone Road. This prime location in a rapidly growing area of Sartell offers significant potential for investors and developers seeking a strategic foothold in a thriving community. The asking price is $975,000, translating to approximately $89,862 per acre. The property's APN is 92.56569.0150. This is a rare opportunity to acquire a substantial parcel of commercial land in a highly desirable location with excellent access and visibility. Don't miss this chance to capitalize on the growth and potential of Sartell.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sartell
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.2292019
    Latitude
    45.6089449

    Comparable in this City

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      Sartell Office Space Available

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      Sartell Office Space For Sale

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      Legacy Park Executive Offices

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    Similar Nearby for Sale

    • $1,000,000
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      Sartell Commercial Building with Expansion

      Well-constructed commercial building in Sartell with income potential and expansion.
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      View Details
    • $2,573,525
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      Sartell Commercial Land - 8.44 Acres

      Prime 8.44-acre commercial land, divisible, highway visibility.
      150 19Th St, Sartell, MN 56377
      View Details
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      1.10 Acres

      Sartell Office Space Available

      Professional office space in Sartell with Mississippi River views.
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    • $1,000,000
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      Sartell Office Building - Great Location

      6,000 sq ft Office Building, High Visibility
      304 1St Ave, Sartell, MN 56377
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    • $4,225,000
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      Legacy Park Executive Offices

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      Sartell Office Building For Sale

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    Similar Nearby for Lease

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      Sartell Office Space for Lease

      Individual offices available in Sartell, utilities and internet included.
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      Professional Office Space in Sartell

      Professional office space with easy access to Highway 15.
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    Sartell, MN 56377
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
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