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    Property profile & analytics
    OFF-MARKET Estimated value $2,270,000
    Warehouses

    1470 Clinton Ln, Northfield, MN 55057-3293

    6,400 SF 0.6 ac lot Built 2006
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US46-1330051
    Property summary
    AI-generated overview

    This exceptional 6,400 square foot retail space, located at 1470 Clinton Ln in Northfield, Minnesota, presents a unique opportunity for businesses seeking high visibility and accessibility. Built in 2006, the property is situated on Minnesota State Highway 3, boasting a daily traffic count of approximately 20,000 vehicles. The single-tenant building offers ample space, perfectly suited for a variety of retail uses. The entire 6,400 square feet is currently vacant, providing immediate occupancy for a new tenant. A key feature is the inclusion of eight bay doors, facilitating efficient operations and convenient access for customers and deliveries. The property's location in Rice County, with a Northfield zip code of 55057, ensures excellent exposure to a substantial customer base. This is an ideal space for businesses seeking a high-traffic location with significant visibility and convenient access. The property's size and features make it suitable for a wide range of retail operations. The building's modern construction and excellent location combine to create a compelling opportunity for growth and success. This is a rare chance to secure a prime retail space in a thriving Minnesota community.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2006
    Total area 6,400 SF
    Lot 0.6 ac (26,172 SF)
    APN 22.01.3.54.004
    UPID US46-1330051
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.63M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.36M
    Blend (final) Blend
    $2.27M
    Owner & transaction history
    Bcg LLC · 5 yrs held
    Bcg LLC
    since 2020
    Last sale
    $2.5M
    4 recorded transactions
    2020
    $2.5M
    2006
    $500,562
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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