Property profile

4187 16th NW St Backus, MN 56435

OFF-MARKET
Commercial real estate
Property ID
US46-0050313
1,600 SF 2.94 ac lot Built 1989
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, situated on the highly trafficked MN Highway 371 between Backus and Hackensack, presents a remarkable investment opportunity. Boasting 2.94 acres of land and 559 feet of road frontage, this location ensures maximum visibility for any business. The substantial 4,954 square foot building offers versatile space, ideal for a variety of commercial uses. The layout includes a sizable 50 x 32 foot office area, perfect for administrative functions or client interaction. A generous 46 x 29 foot shop provides ample room for workshops, storage, or manufacturing, depending on the intended business. Additionally, a 38 x 12 foot storage area offers extra space for inventory or equipment. The property is being sold "as is," providing an opportunity for buyers to customize and develop the space to meet their specific needs. This prime location and substantial building size make this a rare find in the Backus area. Don't miss this chance to establish your business in a highly visible and accessible location. The property's size and highway frontage offer significant potential for growth and expansion.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Total area 1,600 SF
Lot 2.94 ac (128,066 SF)
APN 34-017-1202
UPID US46-0050313

Cap rate & NOI

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

Location

4187 16th NW St Backus, MN 56435-2101
Backus metro Census 960302 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2025
Last sale
$179,000
5 recorded transactions
2025
$179,000
2018
Price N/A
2015
Price N/A
2009
Price N/A
2009
$49,000

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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