Property profile

400 State Hwy 4th 4 Sherburn, MN 56171

OFF-MARKET
Commercial real estate
Property ID
US46-2289249
9,220 SF 2.37 ac lot Built 2016
Individually Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2016
Construction STEEL FRAME
Total area 9,220 SF
Lot 2.37 ac (103,237 SF)
APN 38.040.0090
UPID US46-2289249

Cap rate & NOI

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

Location

400 State Hwy 4th 4 Sherburn, MN 56171-1269
Sherburn metro Census 790300 FAIRMONT, MN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$996k
Blend (final) Blend
$390k

Owner & transaction history

since 2013
4 recorded transactions
2013
$70,000
2006
$57,400
2006
Price N/A
2006
$60,000

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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