Property profile

21150 Hamburg Ave Lakeville, MN 55044

OFF-MARKET
Industrial properties
Property ID
US46-1134343
87,505 SF 10.76 ac lot Built 1971
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1971
Construction CONCRETE
Total area 87,505 SF
Lot 10.76 ac (468,740 SF)
APN 22-11750-01-011
UPID US46-1134343

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 Factory

Location

21150 Hamburg Ave Lakeville, MN 55044-8060
Lakeville metro Census 60836 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
$6.49M
Blend (final) Blend
$6.01M

Owner & transaction history

since 2021
7 recorded transactions
2021
$7.0M
2018
$225,000
2016
$3.3M
2012
Price N/A
2010
Price N/A
2008
Price N/A
2004
$500

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $7.5M +1.3%

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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