Technical
Financial
Distress signals
Property profile

231 Industrial Blvd Waconia, MN 55387

OFF-MARKET
Warehouses
Property ID
US46-0309828
72,000 SF 4.41 ac lot Built 1984
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Total area 72,000 SF
Lot 4.41 ac (192,100 SF)
APN 75-4600050
UPID US46-0309828

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

231 Industrial Blvd Waconia, MN 55387
Waconia metro Census 90302 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$3.33M

Owner & transaction history

since 2020
Last sale
$2.8M
7 recorded transactions
2020
$500
2017
$2.8M
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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