Property profile

21 Minnesota St Sandstone, MN 55072

OFF-MARKET
Other commercial real estate
Property ID
US46-1219151
4,872 SF 5.96 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This commercial office building is located on a level 2.98-acre lot in Sandstone, Pine County, Minnesota. The property consists of a single-level manufactured building constructed on a slab with an approximately 2,595-square-foot interior area. It features handicap-accessible entry with ramping and additional handicap-friendly entry points. The site is laid out for convenient access with multiple points of entry, ample parking, and a corner-style exposure, along with mature trees and open setting. The building has had several exterior and systems improvements, including a roof replacement, siding replacement, new air conditioning, select electrical updates, and new flooring. It is configured to support a range of commercial and professional uses such as office, medical, professional services, or community-based operations.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 4,872 SF
Lot 5.96 ac (259,792 SF)
APN 45.0128.000
UPID US46-1219151

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
  • Daycare Center
  • Home Health Care Service
  • Tour Operator

Location

21 Minnesota St Sandstone, MN 55072-4403
Sandstone metro Census 950402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2021
Last sale
$212,500
1 recorded transaction
2021
$212,500

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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