Property profile

131 2nd St Duluth, MN 55802

OFF-MARKET
Specialty properties
Property ID
US46-0648627
14,988 SF Built 1959
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1959
Total area 14,988 SF
APN 010-0960-00190
UPID US46-0648627

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
  • Hotel & Motel
  • Apartment Building

Location

131 2nd St Duluth, MN 55802-2193
Duluth metro Census 1900 DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.39M
Blend (final) Blend
$2.95M

Owner & transaction history

since 2021
Last sale
$2.7M
7 recorded transactions
2021
$2.7M
2021
$2.7M
2019
Price N/A
2019
$500
2015
$1.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $3.1M +26.6%

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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