Property profile

308 Elm St Farmington, MN 55024

OFF-MARKET
Industrial properties
Property ID
US46-0790453
5,054 SF 0.2 ac lot Built 1946
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1946
Construction CONCRETE
Total area 5,054 SF
Lot 0.2 ac (8,712 SF)
Zoning code R
APN 14-77000-23-041
UPID US46-0790453

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
  • Auto Repair Shop

Location

308 Elm St Farmington, MN 55024-1029
Farmington metro Census 60904 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2022
Last sale
$185,000
3 recorded transactions
2022
Price N/A
2010
$185,000
1969
Price N/A

Zoning & alternative use

R · Farmington, MN

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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