Property profile

4040 Hwy 60th W Faribault, MN 55021

OFF-MARKET
Hotels
Property ID
US46-1299696
13,160 SF 2.3 ac lot Built 1977
Entity Owned 17-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1977
Total area 13,160 SF
Lot 2.3 ac (100,188 SF)
APN 18.35.1.50.009
UPID US46-1299696

Cap rate & NOI

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

Location

4040 Hwy 60th W Faribault, MN 55021-8456
Faribault metro Census 70300 FARIBAULT-NORTHFIELD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2009
7 recorded transactions
2016
Price N/A
2009
$655,919
2009
$685,100
2009
$664,000
2005
$1.3M
1969
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4040 Hwy 60th W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message