Property profile

12200 52Nd St NE Albertville, MN 55301

FOR SALE
Flex space
Property ID
US46-1600096
33,750 SF 3.21 ac lot Built 2015
Entity Owned 4-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 33,750 SF
12200 52Nd St NE, Albertville, MN 55301
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 33,750 SF
Lot 3.21 ac (139,610 SF)
APN 101-135-002010
UPID US46-1600096

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
  • Industrial Manufacturer Production Facility

Location

12200 52Nd St NE Albertville, MN 55301
Albertville metro Census 100807 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.46M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.56M
Blend (final) Blend
$4.44M

Owner & transaction history

since 2021
Last sale
$3.8M
5 recorded transactions
2021
$3.8M
2016
$2.9M
2015
$410,667
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $4.5M +50.2%
Restaurant $4.4M +48.2%
Auto repair, garage $4.0M +32.8%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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