Property profile

3025 Scenic NE Hwy Pennington, MN 56663

OFF-MARKET
Industrial properties
Property ID
US46-2557000
6,000 SF 6.13 ac lot Built 2015
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2015
Total area 6,000 SF
Lot 6.13 ac (267,023 SF)
APN 08.00029.00
UPID US46-2557000

Cap rate & NOI

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

Location

3025 Scenic NE Hwy Pennington, MN 56663-3700
Pennington metro Census 940002 BEMIDJI, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2015
$53,251
2005
$33,000

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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