Property profile

141 1st St Waconia, MN 55387

OFF-MARKET
Retail space
Property ID
US46-0664343
5,670 SF 0.19 ac lot Built 2002
Entity Owned 28-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 5,670 SF
Lot 0.19 ac (8,276 SF)
APN 75-0501370
UPID US46-0664343

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
  • Law Firm
  • Charitable Organization
  • Discount Store
  • Social Service Agency

Location

141 1st St Waconia, MN 55387-1319
Waconia metro Census 90303 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
$789k
Blend (final) Blend
$735k

Owner & transaction history

3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $805,000 +39.3%
Commercial (general) $675,000 +17.0%
Restaurant $640,000 +11.2%

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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