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27 2nd SW St Eyota, MN 55934-9708

OFF-MARKET Banks Google Maps
3,941 SF 0.39 ac lot Built 1977
Entity Owned 3-yr Hold Free & Clear
Estimated value (blended)
$260k
Range $234k – $286k (±10%)
Property ID US46-1292405

Property summary

AI-generated overview

This 3,941-square-foot, two-story Class B commercial building in downtown Eyota, Minnesota, presents a unique investment opportunity. Located on a 0.39-acre lot at 27 W 2nd St, 55934, this vacant property offers a versatile space previously used as a bank. Features include a drive-through window, ample parking, attic storage, a skylight, an intact vault, dedicated office and conference rooms, and a break room. The building, constructed in 1977, is zoned for commercial use and boasts a convenient location in the heart of Eyota. With its 1 unit and 3,941 square feet, the asking price is $480,000 ($121.80/sq ft). The property's unique features and prime location make it ideal for a variety of businesses. This is a chance to acquire a well-maintained building with significant potential in a thriving community. The property's APN is 621424028195.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1977
Total area 3,941 SF
Lot 0.39 ac (16,858 SF)
APN 62.14.24.028195
UPID US46-1292405

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
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2023
Last sale
$300,000
1 recorded transaction
2023
$300,000

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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