Technical
Financial
Distress signals
Property profile

11385 State 34 Park Rapids, MN 56470

OFF-MARKET
Manufacturing properties
Property ID
US46-2707215
30,644 SF 120 ac lot Built 1998
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1998
Total area 30,644 SF
Lot 120 ac (5,227,200 SF)
APN 27.29.00700
UPID US46-2707215

Cap rate & NOI

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

Location

11385 State 34 Park Rapids, MN 56470-3201
Park Rapids metro Census 70500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2007
$266,663

Zoning & alternative use

Top alternative use upside
Office building $2.8M +83.9%
Restaurant $2.4M +63.2%
Commercial (general) $2.4M +61.7%

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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