Property profile

12345 Portland Ave Burnsville, MN 55337

OFF-MARKET
Warehouses
Property ID
US46-0634239
29,405 SF 2.75 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction CONCRETE
Total area 29,405 SF
Lot 2.75 ac (119,790 SF)
Zoning code R
APN 02-15396-01-010
UPID US46-0634239

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
  • Church
  • Restaurant
  • Charitable Organization Social Service Agency
  • Church

Location

12345 Portland Ave Burnsville, MN 55337-1529
Burnsville metro Census 60737 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.48M
Blend (final) Blend
$3.97M

Owner & transaction history

since 2023
Last sale
$3.9M
7 recorded transactions
2023
$3.9M
2017
Price N/A
2016
Price N/A
2016
$2.1M
2015
Price N/A
2008
$500
1969
Price N/A

Zoning & alternative use

R · Burnsville, MN
Top alternative use upside
Neighborhood: shopping center $5.8M +30.2%
Restaurant $5.7M +27.4%
Auto repair, garage $5.0M +12.1%

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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