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Property profile & analytics
OFF-MARKET
Retail space

111 Division E St Buffalo, MN 55313-1524

7,962 SF 0.44 ac lot Built 1953
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US46-0996972
Property summary
AI-generated overview

This exceptional mixed-use property, located at 111 Division St E in Buffalo, Minnesota, presents a compelling redevelopment opportunity. The property boasts a substantial lot size of 18,986 square feet, encompassing a 7,962 square foot building currently zoned B-5. This prime location in downtown Buffalo offers excellent visibility and accessibility, situated conveniently near Highways 25 and 55. The property's strategic placement ensures proximity to a variety of shops and stores, catering to a thriving local market. Ample parking is readily available through nearby municipal lots. The asking price is $400,000, translating to $50.24 per square foot. 2021 property taxes amounted to $8,260.00. The Parcel Identification Number (PID) is 103-010-065032. This versatile property is ideal for investors seeking to capitalize on the vibrant downtown Buffalo area and create a significant return on investment. The substantial lot size and existing building provide a solid foundation for a variety of development projects.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,962 SF
Lot 0.44 ac (18,992 SF)
APN 103-010-065032
UPID US46-0996972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mr Property LLC · 1 yrs held
Mr Property LLC
since 2025
Last sale
$300,000
3 recorded transactions
2025
$300,000
2018
Price N/A
2007
$550,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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