Property profile

2324 3rd NE Ave Cambridge, MN 55008

OFF-MARKET
Industrial properties
Property ID
US46-1883040
153,008 SF 17.25 ac lot Built 2009
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2009
Construction TILT-UP CONCRETE
Total area 153,008 SF
Lot 17.25 ac (751,410 SF)
APN 15.290.0010
UPID US46-1883040

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
  • Big Box & Wholesale Store
  • Department Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

2324 3rd NE Ave Cambridge, MN 55008-4159
Cambridge metro Census 130302 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.32M
Blend (final) Blend
$15.64M

Owner & transaction history

since 2022
Last sale
$19.0M
5 recorded transactions
2022
$19.0M
2021
$14.0M
2021
Price N/A
2021
$14.0M
2012
$5.0M

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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