Property profile

1040 Commerce Blvd Howard Lake, MN 55349

OFF-MARKET
Flex space
Property ID
US46-0293277
12,480 SF 1.01 ac lot Built 2001
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2001
Construction WOOD
Total area 12,480 SF
Lot 1.01 ac (43,952 SF)
APN 109-039-001010
UPID US46-0293277

Cap rate & NOI

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

Location

1040 Commerce Blvd Howard Lake, MN 55349-4500
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
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$425k

Owner & transaction history

since 2018
7 recorded transactions
2018
$475,000
2017
$310,000
2009
$350,000
2008
$400,062
2008
$384,942
1969
Price N/A
1969
Price N/A

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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