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Property profile & analytics
FOR SALE
Commercial real estate

1939 160Th Ave S Comstock, MN 56525

0.9 ac lot Built 1960
Individually Owned 20-yr Hold Free & Clear
Property ID
US46-0551746
No photos on file
For Sale
$250,000
1939 160Th Ave S, Comstock, MN 56525
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Property summary
AI-generated overview

This exceptional 4,000 square foot commercial property presents a remarkable opportunity for entrepreneurs in Comstock, Minnesota. Situated on a one-acre lot, this versatile space is ideally suited for a variety of retail or industrial businesses. Its prime location offers convenient access, being just over ten minutes south of Moorhead. The building boasts three-phase power, ensuring sufficient energy for demanding operations. Inside, you'll find a well-appointed office space, a bathroom, and the comfort of heating and air conditioning. Two 14-foot-plus overhead doors provide easy access for loading and unloading, accommodating larger equipment or inventory. The property is available for sale at $250,000, offering a compelling investment opportunity. This is a rare chance to acquire a well-equipped, spacious commercial building in a desirable location. The combination of size, features, and location makes this property an exceptional value. Don't miss the chance to secure this promising business asset. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Lot 0.9 ac (39,204 SF)
APN 51.900.0230
UPID US46-0551746
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Michael J Nelson · 20 yrs held
Michael J Nelson
since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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