You are browsing as a guest. Register to access key data for free.
Property profile

16297 223rd St Little Falls, MN 56345

OFF-MARKET
Warehouses
Property ID
US46-1958148
24,720 SF 209.91 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction STEEL FRAME
Total area 24,720 SF
Lot 209.91 ac (9,143,680 SF)
APN 27.0434.000
UPID US46-1958148

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
  • Food Processing Plant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $2.0M +42.3%
Auto repair, garage $1.9M +32.3%
Apartment house (5+ units) $1.8M +27.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16297 223rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message