Property profile

2218 3rd St White Bear Lake, MN 55110

OFF-MARKET
Investment properties
Property ID
US46-0666891
3,288 SF 0.26 ac lot Built 1889
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1889
Construction WOOD FRAME
Total area 3,288 SF
Lot 0.26 ac (11,238 SF)
Zoning code C
APN 14-30-22-41-0091
UPID US46-0666891

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
  • Hair Salon Nail Salon
  • Hair Salon
  • Hair Salon

Location

2218 3rd St White Bear Lake, MN 55110-3211
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
$525k
CAP Approach CAP
$575k
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2014
Last sale
$525,000
3 recorded transactions
2014
$250,000
1998
$65,000
1998
Price N/A

Zoning & alternative use

C · White Bear Lake, MN
Top alternative use upside
Auto repair, garage $665,000 +167.7%
Neighborhood: shopping center $550,000 +121.6%
Medical building $485,000 +94.6%

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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