Property profile

24400 Smiley Rd Nisswa, MN 56468

OFF-MARKET
Strip malls
Property ID
US46-0632425
19,006 SF 2.04 ac lot Built 2004
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 19,006 SF
Lot 2.04 ac (88,846 SF)
APN 28140557
UPID US46-0632425

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
  • Gym & Fitness Center
  • Spa & Massage Center
  • Hair Salon
  • Take-out & Catering
  • Clothing & Fashion Store

Location

24400 Smiley Rd Nisswa, MN 56468-2603
Nisswa metro Census 950501 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$973k
Blend (final) Blend
$720k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Warehouse, storage $945,000 +16.6%
Industrial (general) $865,000 +6.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24400 Smiley Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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