Property profile

1199 Osborne NE Rd Spring Lake Park, MN 55432

OFF-MARKET
Commercial real estate
Property ID
US46-0512877
7,000 SF 0.7 ac lot Built 1973
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Construction STEEL FRAME
Total area 7,000 SF
Lot 0.7 ac (30,360 SF)
APN 01-30-24-34-0027
UPID US46-0512877

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
  • (Bike/Boat/Book/etc) Store Rental Equipment Company

Location

1199 Osborne NE Rd Spring Lake Park, MN 55432-2837
Spring Lake Park metro Census 51001 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$656k
Blend (final) Blend
$995k

Owner & transaction history

since 2023
Last sale
$900,000
4 recorded transactions
2023
Price N/A
2023
$900,000
2021
$500
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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