Property profile

12246 42nd NE St Saint Michael, MN 55376

OFF-MARKET
Retail space
Property ID
US46-0207788
3,304 SF 3.56 ac lot Built 1992
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction WOOD
Total area 3,304 SF
Lot 3.56 ac (154,986 SF)
APN 114-800-073309
UPID US46-0207788

Cap rate & NOI

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

Location

12246 42nd NE St Saint Michael, MN 55376-9430
Saint Michael metro Census 100807 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
$625k
Comparable Approach Comparable
$588k
Blend (final) Blend
$560k

Owner & transaction history

since 2011
4 recorded transactions
2011
$214,500
2010
$699,188
2007
$1.3M
2005
$77,500

Zoning & alternative use

Top alternative use upside
Commercial (general) $740,000 +91.3%
Office building $440,000 +13.3%
Auto repair, garage $385,000 +0.2%

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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