Property profile

240 3rd St Redwood Falls, MN 56283

OFF-MARKET
Other commercial real estate
Property ID
US46-2369541
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of development land subdivided into four lots, with individual lot sizes ranging from 1.15 to 3.36 acres and a combined total of 8.15 acres. The parcels are suitable for high-quality office use, light industrial development, and flex uses, depending on site planning and compliance with applicable requirements. The land is located with access to nearby amenities and road connections, and it is surrounded by a natural environment.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 88-200-1940
UPID US46-2369541

Cap rate & NOI

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

Location

240 3rd St Redwood Falls, MN 56283-4206
Redwood Falls metro Census 750300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

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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