Property profile

401 Prospect Ave Minneapolis, MN 55419

OFF-MARKET
Commercial real estate
Property ID
US46-0788398
9,500 SF 0.93 ac lot Built 1931
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1931
Construction CONCRETE
Total area 9,500 SF
Lot 0.93 ac (40,511 SF)
Zoning code R1
APN 15-028-24-32-0149
UPID US46-0788398

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
  • Resort

Location

401 Prospect Ave Minneapolis, MN 55419
Minneapolis metro Census 111500 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
$1.59M
Blend (final) Blend
$350k

Owner & transaction history

Zoning & alternative use

R1 · 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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