Property profile

315 Washington St Redwood Falls, MN 56283

OFF-MARKET
Other commercial real estate
Property ID
US46-2195748
6,000 SF 0.14 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

A professional office suite located in downtown Redwood Falls, Minnesota, near banking, government centers, and other local businesses. The suite includes two private offices sized approximately 15’ x 12’ and 9.5’ x 12’, a dedicated conference room sized approximately 15’ x 12’, and a reception/waiting area arranged as two separate areas that can be used individually or combined into a larger waiting space. Access is provided through the building’s shared main entrance and also includes a separate private entrance for the suite’s private office. The suite is configured with two reception/waiting zones and includes a private bathroom that was scheduled to be completed in the near term. The property sits on a 0.14-acre lot, and utilities are provided as part of the space.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 6,000 SF
Lot 0.14 ac (6,000 SF)
APN 88-200-2020
UPID US46-2195748

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
  • Law Firm
  • Law Firm
  • Financial Advisor

Location

315 Washington St Redwood Falls, MN 56283-1657
Redwood Falls metro Census 750300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

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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