Property profile

3808 Nicollet Ave Minneapolis, MN 55409

OFF-MARKET
Commercial real estate
Property ID
US46-0899166
13,920 SF 0.35 ac lot Built 1963
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Construction CONCRETE
Total area 13,920 SF
Lot 0.35 ac (15,246 SF)
Zoning code C2
APN 10-028-24-21-0228
UPID US46-0899166

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
  • Wellness Program Hiv Testing Center
  • Charitable Organization Social Service Agency
  • Food Bank Charitable Organization

Location

3808 Nicollet Ave Minneapolis, MN 55409-1304
Minneapolis metro Census 109900 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.10M
Blend (final) Blend
$1.81M

Owner & transaction history

5 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Minneapolis, 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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