Property profile

10981 4th NE St Hanover, MN 55341

OFF-MARKET
Strip malls
Property ID
US46-1012227
6,272 SF 0.54 ac lot Built 1980
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,272 SF
Lot 0.54 ac (23,740 SF)
APN 108-016-001021
UPID US46-1012227

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
  • Gym & Fitness Center
  • Gym & Fitness Center Alternative Medicine Practice
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

10981 4th NE St Hanover, MN 55341-4092
Hanover metro Census 100803 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2019
5 recorded transactions
2019
$500,000
2018
$273,147
2009
$500
2008
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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