Property profile

305 Main St Melrose, MN 56352

OFF-MARKET
Commercial real estate
Property ID
US46-1352813
1,144 SF 0.04 ac lot Built 1920
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,144 SF
Lot 0.04 ac (1,721 SF)
APN 66.37091.0000
UPID US46-1352813

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
  • Barber Shop
  • Computer & Electronic Repair
  • Insurance Agency

Location

305 Main St Melrose, MN 56352-1163
Melrose metro Census 10600 ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2006
$47,000

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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