Property profile

2151 3rd St White Bear Lake, MN 55110

OFF-MARKET
Banks
Property ID
US46-0218184
15,495 SF 0.65 ac lot Built 1937
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of approximately 4.92 acres in White Bear Lake and is zoned for Business Park use. It has visibility from Interstate 35E and convenient access to 35E via MN 96 and MN 244. The site includes four buildings located at 1081 Birch Lake Blvd South (two buildings) and 1101 Birch Lake Blvd S (two buildings). The parcels are arranged as two northerly parcels totaling approximately 2.28 acres and three southerly parcels totaling approximately 2.64 acres, providing the potential for full-site or phased development. The configuration supports use as an owner-occupied headquarters site or a multi-tenant industrial/business development, subject to applicable zoning and development requirements.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1937
Total area 15,495 SF
Lot 0.65 ac (28,445 SF)
Zoning code D
APN 14-30-22-41-0071
UPID US46-0218184

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
  • Bank Loan Service

Location

2151 3rd St White Bear Lake, MN 55110-3215
White Bear Lake metro Census 40200 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2004
3 recorded transactions
2004
Price N/A
2004
$340,000
2004
$1.0M

Zoning & alternative use

D · White Bear Lake, MN

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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