Property profile

3901 Thurston NW Ave Anoka, MN 55303

OFF-MARKET
Industrial properties
Property ID
US46-0822000
5,880 SF 1.83 ac lot Built 1976
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,880 SF
Lot 1.83 ac (79,715 SF)
Zoning code M-1
APN 36-32-25-22-0069
UPID US46-0822000

Cap rate & NOI

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

Location

3901 Thurston NW Ave Anoka, MN 55303-1088
Anoka metro Census 50401 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$514k
Blend (final) Blend
$715k

Owner & transaction history

since 2022
Last sale
$675,000
7 recorded transactions
2023
Price N/A
2022
$675,000
2022
$675,000
2016
$330,000
2008
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M-1 · Anoka, MN
Zoning description

The M-1 Light Industrial District is intended for administrative, wholesaling, manufacturing and related uses which can maintain high standards of appearances, including open spaces and landscaping

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $1.0M +88.0%

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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