Technical
Financial
Distress signals
Property profile

279 N Medina St Loretto, MN 55357

FOR SALE
Industrial properties
Property ID
US46-0464794
1.73 ac lot Built 1980
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Loretto, Minnesota office park, located at 279 N Medina St, 55357, offers a variety of flexible office spaces within a single, two-story, Class B building totaling 24,054 square feet. Built in 1980, the property features 21 suites, ranging from a minimum of 300 square feet to a maximum contiguous space of 2,500 square feet. The building provides convenient access to Highway 55 and is within 15 minutes of I-94. Ample parking is available with 80 spaces in a recently resurfaced lot, along with convenient front and rear building entrances. The property includes central air conditioning and heating, common restrooms, and a security system. Individual suites are wired with Cat-5. One example suite includes a 23' x 12' main office area, a 9' x 12' waiting area, a 9' x 12' bathroom, and access to a shared lunchroom. Built-in cabinets are also featured in some suites. Up to 7,500 square feet of warehouse space is also available, complete with a dock-high loading dock. Internet service is provided by Arvig and Frontier. This property is ideal for businesses seeking a convenient and well-maintained office space in a desirable location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Construction CONCRETE BLOCKS
Lot 1.73 ac (75,359 SF)
APN 06-118-23-42-0023
UPID US46-0464794

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • City Hall
  • Tech Support Center IT Consulting Firm
  • Corporate Office
  • (Bike/Boat/Book/etc) Store Florist

Location

279 N Medina St Loretto, MN 55357
Loretto metro Census 27101 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2026
2 recorded transactions
2026
$900,000
2014
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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