Property profile

15 5th NE Ave Melrose, MN 56352

OFF-MARKET
Commercial real estate
Property ID
US46-1400334
12,460 SF 0.95 ac lot Built 1954
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,460 SF
Lot 0.95 ac (41,250 SF)
APN 66.36951.0000
UPID US46-1400334

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
  • Industrial Manufacturer

Location

15 5th NE Ave Melrose, MN 56352-1133
Melrose metro Census 10600 ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$730k
Blend (final) Blend
$770k

Owner & transaction history

since 2021
Last sale
$710,000
1 recorded transaction
2021
$710,000

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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