Property profile

1823 Old Hwy 8th NW New Brighton, MN 55112

OFF-MARKET
Retail space
Property ID
US46-0512279
47,660 SF 3.15 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Total area 47,660 SF
Lot 3.15 ac (137,214 SF)
APN 16-30-23-33-0011
UPID US46-0512279

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
  • Building Supply Hardware & Home Improvement

Location

1823 Old Hwy 8th NW New Brighton, MN 55112-1865
New Brighton metro Census 41105 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
$3.55M
Blend (final) Blend
$3.65M

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2020
$500
2018
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $5.5M +12.7%
Office building $5.2M +7.1%

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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