Property profile

11011 61st NE St Albertville, MN 55301

OFF-MARKET
Strip malls
Property ID
US46-1146783
11,800 SF 2.42 ac lot Built 2001
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,800 SF
Lot 2.42 ac (105,241 SF)
APN 101-078-001010
UPID US46-1146783

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
  • Sports School
  • Employment Agency
  • (Bike/Boat/Book/etc) Store
  • Training Center
  • Spa & Massage Center Alternative Medicine Practice

Location

11011 61st NE St Albertville, MN 55301-3307
Albertville metro Census 100804 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$709k
Blend (final) Blend
$560k

Owner & transaction history

since 2016
3 recorded transactions
2016
$1.0M
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $910,000 +39.5%

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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