Property profile

201 1st St Waconia, MN 55387

OFF-MARKET
Retail space
Property ID
US46-3237678
3,564 SF 0.09 ac lot Built 1965
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Total area 3,564 SF
Lot 0.09 ac (3,920 SF)
APN 75-0501300
UPID US46-3237678

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
  • Medical Clinic
  • Foster Care Service Social Service Agency
  • Engineering Consultant

Location

201 1st St Waconia, MN 55387-1302
Waconia metro Census 90303 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
$675k
Comparable Approach Comparable
$547k
Blend (final) Blend
$505k

Owner & transaction history

since 2016
3 recorded transactions
2016
$390,000
2016
$390,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $505,000 +39.3%
Commercial (general) $425,000 +17.0%

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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