Property profile

1020 Commerce Blvd Howard Lake, MN 55349

OFF-MARKET
Warehouses
Property ID
US46-1809070
8,976 SF 1 ac lot Built 2017
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2017
Construction WOOD
Total area 8,976 SF
Lot 1 ac (43,560 SF)
APN 109-053-001070
UPID US46-1809070

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Moving Company Storage Facility

Location

1020 Commerce Blvd Howard Lake, MN 55349
Howard Lake metro Census 101200 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$578k
Blend (final) Blend
$775k

Owner & transaction history

since 2022
Last sale
$799,000
3 recorded transactions
2022
$799,000
2017
$57,455
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.2M +63.3%
Restaurant $1.2M +61.2%
Auto repair, garage $1.1M +44.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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