Property profile

116 Oak St Farmington, MN 55024

OFF-MARKET
Commercial real estate
Property ID
US46-0963412
4,200 SF 0.5 ac lot Built 1992
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Construction WOOD FRAME
Total area 4,200 SF
Lot 0.5 ac (21,780 SF)
Zoning code R
APN 14-77000-16-020
UPID US46-0963412

Cap rate & NOI

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

Location

116 Oak St Farmington, MN 55024
Farmington metro Census 60904 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2008
4 recorded transactions
2017
Price N/A
2008
$350,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R · Farmington, MN

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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