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Property profile & analytics
OFF-MARKET
Commercial land

1001 1st S St Willmar, MN 56201-3559

Entity Owned 11-yr Hold Free & Clear
Property ID
US46-2983190
Property summary
AI-generated overview

This exceptional 4,000 square foot contemporary office building, situated on a 0.36-acre lot at 1001 1st Street S in Willmar, Minnesota, presents a unique investment opportunity. Constructed in 2000, the building boasts three distinct suites, each offering a high-quality, finished build-out. Suite C (South Suite) is currently available for sale with a lease-back option. Suites B (2) and A (1) (North Unit) are also available for sale or lease individually, providing flexibility for various business needs. The building's design allows for easy renovation and customization, enabling businesses to tailor the space to their specific requirements with minimal effort. The property offers the advantage of purchasing only the space needed initially, with the option to acquire the entire building and lease out unused portions until future expansion is required. This presents a cost-effective solution compared to new construction, considering the additional expenses of land acquisition, building permits, landscaping, and parking lot development. The asking price for the entire building is $755,000. This is a prime opportunity to acquire a well-maintained, versatile office space in a desirable location. Individual suite pricing and lease terms are available upon request.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 95-822-0130
UPID US46-2983190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Anderson Law Office, PLLC Law Firm
  • Quist Wealth Management Financial Advisor
  • Sheila Kidwell at Homeowners Financial Group USA, LLC Loan Service Bank
  • Darrin Shemon at Homeowners Financial Group USA, LLC at Homeowners Financial Group USA, LLC Loan Service Bank
  • Hearing & Speech Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Quist Properties LLC · 11 yrs held
Quist Properties LLC
since 2015
2 recorded transactions
2015
$171,227
2009
$470,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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