Property profile

23103 County Rd 3rd 3 Merrifield, MN 56465

OFF-MARKET
Flex space
Property ID
US46-1121685
42,500 SF 76.75 ac lot Built 1998
Entity Owned Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1998
Total area 42,500 SF
Lot 76.75 ac (3,343,232 SF)
APN 73240542
UPID US46-1121685

Cap rate & NOI

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

Location

23103 County Rd 3rd 3 Merrifield, MN 56465-4262
Merrifield metro Census 950502 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.83M
Comparable Approach Comparable
$2.89M
Blend (final) Blend
$3.36M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $3.8M +97.3%
Retail stores $3.8M +94.4%
Auto repair, garage $3.5M +82.3%

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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