Property profile

1475 Commerce Dr Mendota Heights, MN 55120

OFF-MARKET
Showrooms
Property ID
US46-1418082
72,063 SF 4.37 ac lot Built 2014
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2014
Total area 72,063 SF
Lot 4.37 ac (190,357 SF)
Zoning code R
APN 27-48273-02-010
UPID US46-1418082

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
  • Big Box & Wholesale Store Building Supply
  • Industrial Manufacturer Production Facility

Location

1475 Commerce Dr Mendota Heights, MN 55120-3400
Mendota Heights metro Census 60605 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
$6.14M
Blend (final) Blend
$5.35M

Owner & transaction history

since 2013
4 recorded transactions
2013
$403,000
2013
Price N/A
2012
Price N/A
1969
Price N/A

Zoning & alternative use

R · Mendota Heights, MN
Top alternative use upside
Warehouse, storage $8.3M +52.2%
Office building $7.9M +44.6%
Retail stores $7.4M +35.0%

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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