Technical
Financial
Distress signals
Property profile

1331 3rd SW Ave Forest Lake, MN 55025

OFF-MARKET
Strip malls
Property ID
US46-0846908
11,025 SF 0.75 ac lot Built 1995
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Total area 11,025 SF
Lot 0.75 ac (32,857 SF)
APN 07-032-21-14-0020
UPID US46-0846908

Cap rate & NOI

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

Location

1331 3rd SW Ave Forest Lake, MN 55025-1376
Forest Lake metro Census 70103 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2020
2 recorded transactions
2020
$500
2011
$1.2M

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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