Technical
Financial
Distress signals
Property profile

3009 State Ave Anoka, MN 55303

OFF-MARKET
Warehouses
Property ID
US46-3153296
4,800 SF 0.5 ac lot Built 1994
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,800 SF
Lot 0.5 ac (21,780 SF)
Zoning code M-2
APN 01-31-25-12-0027
UPID US46-3153296

Cap rate & NOI

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

Location

3009 State Ave Anoka, MN 55303-1006
Anoka metro Census 50401 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2008
1 recorded transaction
2008
$450,000

Zoning & alternative use

M-2 · Anoka, MN
Zoning description

The M-2 District allows for more intensive industrial uses than other industrial zones, tailored to the city's fully developed layout with limited land and smaller parcels. It includes performance standards to ensure com…

General category INDUSTRIAL

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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