Technical
Financial
Distress signals
Property profile

106 Dunn N Ave Hinckley, MN 55037

OFF-MARKET
Manufacturing properties
Property ID
US46-1410815
18,701 SF 1.55 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

In Hinckley, Minnesota, the property consists of an 18,766 sq. ft. steel-clad industrial building on a 1.54-acre site with flat topography for truck access and vehicle circulation. The building includes 1,841 sq. ft. of office space with private offices, a conference room, and a lunch room, and a 16,925 sq. ft. warehouse/shop area with clear heights ranging from 14 to 17 feet. Constructed in 1966, it underwent updates between 2021 and 2022 and features a replaced rubber roof, LED lighting, and vinyl-clad windows, along with updated interior finishes and efficient heating systems (infrared and ceiling-hung gas units in the warehouse and forced-air heat with central A/C in the office). The industrial area is served by one drive-in door and one loading dock. Full municipal utilities are available, and the property has gravel parking for approximately 10–15 vehicles plus additional gravel surfaces around the building for loading, maneuvering, and outdoor storage. The property is zoned I – Industrial and P/SP – Public/Semi-Public, and is suitable for a range of industrial uses; it is configured as real estate only, with FF&E excluded (available separately), and the premises are also described as compatible with a powder coating operation under a separate agreement.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Construction STEEL FRAME
Total area 18,701 SF
Lot 1.55 ac (67,387 SF)
APN 40.0112.004
UPID US46-1410815

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
  • Powder Coating Service

Location

106 Dunn N Ave Hinckley, MN 55037-8733
Hinckley metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
by Request
Comparable Approach Comparable
$697k
Blend (final) Blend
$605k

Owner & transaction history

since 2020
Last sale
$560,000
2 recorded transactions
2020
$560,000
2014
$275,000

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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