Property profile

1260 Hwy 25th S Monticello, MN 55362

OFF-MARKET
Office buildings
Property ID
US46-0775964
8,163 SF 0.95 ac lot Built 1952
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1260 Highway 25 S in Monticello, MN, boasts 8,500 square feet on a 0.95-acre lot. Benefitting from prime highway frontage with dual entrances (Highway 25 and Cedar Street), the building offers unparalleled visibility and accessibility. The property includes 37 parking spaces, including designated handicapped spots. Currently occupied by a chiropractic/physical therapy practice, a lease-back agreement is a possibility, but not a requirement. The versatile layout is well-suited for a variety of uses, having previously served as a veterinary clinic and boarding facility. Interior features include a full kitchen, four bathrooms, seven treatment rooms, a large central open area, and abundant natural light. High-quality finishes such as granite countertops and ample storage are throughout. The building also features a heated, over 1,000 square foot garage with a car lift and drains. Recent renovations, most notably in 2013, ensure the property is in excellent condition. Additional amenities include a large front desk area, multiple workstations, three-phase power, forced-air and supplemental baseboard heating, and a hardwired security camera system. With 181 feet of Highway 25 frontage and a daily traffic count of 27,406 vehicles, this property presents a unique opportunity for significant business growth. The asking price is $2,349,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Construction WOOD
Total area 8,163 SF
Lot 0.95 ac (41,208 SF)
APN 155-032-001040
UPID US46-0775964

Cap rate & NOI

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

Location

1260 Hwy 25th S Monticello, MN 55362-8921
Monticello metro Census 100206 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2020
Last sale
$360,000
7 recorded transactions
2024
Price N/A
2020
$500
2020
$360,000
2013
Price N/A
2013
Price N/A
2013
$360,000
2011
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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