Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2301 Dupont S Ave Minneapolis, MN 55405-2755

    • Commercial real estate
    • 24,231 SF
    • 1.51 lot acres
    OFF-MARKET
    Last Sale
    Oct 01, 2021
    $3,750,000
    Value Estimations
    $3,585,000
    Show details
    Cap Rate Potential
    8.9%
    Commercial real estate
    Location Intelligence
    Property ID
    US46-0928117
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Washburn-McReavy Davies Uptown Chapel / Social Service Agency
    • Hotel / Hotel & Motel

    Property Details for 2301 Dupont S Ave

    Year built
    1900
    Construction
    CONCRETE
    Lot size
    1.51 lot acres
    Property size
    24,231 SF
    Zone code
    OR2
    Property type
    Commercial real estate
    APN
    33-029-24-11-0176
    APU
    3302924110176

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,080,000
      ML approach
      $3,095,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,560,000
      6.5%
      $4,210,000
      7%
      $3,905,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,640,000
      Market price range: $1.82M - $5.31M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2926
    Latitude
    44.9601
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $122,853
    $3,669,400
    $231,400
    $3,900,800
    -
    $3,669,400
    $231,400
    $3,900,800

    Comparable in this City

    • Value Estimation by Request
      3,138 SF

      1138 Glenwood Ave

      COMMERCIAL (GENERAL) • 3,138 SF
      1138 Glenwood Ave, Minneapolis, MN 55405-1430
      View Details
    • Value Estimation by Request
      2,690 SF

      901 Olson Memorial Hwy

      COMMERCIAL (GENERAL) • 2,690 SF
      901 Olson Memorial Hwy, Minneapolis, MN 55405-1359
      View Details
    • Value Estimation
      $3,220,000
      25,548 SF

      525 7th St

      COMMERCIAL (GENERAL) • 25,548 SF
      525 7th St, Minneapolis, MN 55405-1523
      View Details
    • Value Estimation
      $740,000
      5,862 SF

      1922 4th N Ave

      COMMERCIAL (GENERAL) • 5,862 SF
      1922 4th N Ave, Minneapolis, MN 55405-1112
      View Details
    • Value Estimation by Request
      2,212 SF

      1930 Glenwood Ave

      COMMERCIAL (GENERAL) • 2,212 SF
      1930 Glenwood Ave, Minneapolis, MN 55405-1248
      View Details
    • Value Estimation by Request
      2,920 SF

      2548 Hennepin Ave

      COMMERCIAL (GENERAL) • 2,920 SF
      2548 Hennepin Ave, Minneapolis, MN 55405-3548
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,400 SF

      Minneapolis Warehouse - 10,400 SF

      1-Story Warehouse, 8 Docks, Prime Location
      156 Irving Ave, Minneapolis, MN 55405
      View Details
    • Contact for pricing
      18,088 SF

      Downtown Minneapolis Apartment Building

      19-unit apartment building in downtown Minneapolis, renovated in 2009.
      1920 3Rd Ave S, Minneapolis, MN 55405
      View Details
    • $1,760,000
      14,849 SF

      Hennepin Ave Mixed-Use Investment

      Prime Minneapolis retail & restaurant opportunity.
      2400-2414 Hennepin Ave, Minneapolis, MN 55405
      View Details
    • $1,150,000
      5,070 SF

      Mixed-Use Building Near Major Interstates

      5,500 SF building with office and industrial space for sale.
      2316 4Th Ave S, Minneapolis, MN 55405
      View Details
    • Contact for pricing
      6,133 SF

      Lyndale Avenue Retail Space - Minneapolis

      Prime Retail Space, High Visibility, Ample Parking
      2004 Lyndale Ave, Minneapolis, MN 55405
      View Details
    • Contact for pricing
      44,203 SF

      Minneapolis Office Building on I-394

      44,203 SF office building near downtown Minneapolis with highway visibility.
      2501 Wayzata Blvd, Minneapolis, MN 55405
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,753 SF

      Retail Space in Minneapolis

      Retail space available for lease in Minneapolis, MN.
      1301-1311 E Franklin Ave, Minneapolis, MN 55405
      View Details
    • Contact for pricing
      3,000 SF

      Uptown Retail/Office Space Available

      Historic building in vibrant Uptown, ideal for retail or office.
      2110 Lyndale Ave S, Minneapolis, MN 55405
      View Details
    • $18 SF/Yr
      2,277 SF

      West Loop Creative Office Space

      Creative office space in the West Loop neighborhood.
      811 Glenwood Ave, Minneapolis, MN 55405
      View Details
    • Contact for pricing
      152 SF

      Charming Lowry Hill Office Space

      Spacious office suites with Victorian charm, ideal for professionals.
      2124 Dupont Ave S, Minneapolis, MN 55405
      View Details
    • $16 SF/Yr
      2,510 SF

      Minneapolis Office Space For Rent

      Office space available for lease in Minneapolis, Minnesota.
      245-275 Market St, Minneapolis, MN 55405
      View Details
    • Contact for pricing
      54,000 SF

      South Minneapolis Commercial Land

      1.24 Acres, 54,000 sqft potential
      199 Irving Ave, Minneapolis, MN 55405
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2301 Dupont S Ave
    Minneapolis, MN 55405-2755
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.