Property profile

4479 County 5th NW Hackensack, MN 56452

OFF-MARKET
Commercial real estate
Property ID
US46-1453092
4 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This expansive 15,680 square foot commercial building situated on a level 3.9-acre lot in Hackensack, MN presents a remarkable investment opportunity. The property boasts a large paved parking lot and is conveniently connected to city water and sewer. Its prime location offers easy access to the heart of Hackensack. The building currently features four separate units, each with access to shared bathrooms and a common concessions area, ideal for a variety of uses. Imagine a vibrant mixed-use space incorporating a live theater, golf simulator, climbing wall, or sports complex. Alternatively, the building could easily be converted into apartments or a storage facility. The possibilities are truly endless. The interior includes a spacious office with a window overlooking the lobby and ample storage throughout. This versatile property offers significant potential for a savvy investor seeking a high-return venture. The existing infrastructure, combined with the generous lot size and convenient location, makes this an exceptional opportunity to create a thriving business or a lucrative rental portfolio. Don't miss out on this chance to shape the future of this dynamic property. The building is located at 4479 County 5 NW, Hackensack, MN and is listed at $785,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4 ac (174,240 SF)
APN 89-019-1104
UPID US46-1453092

Cap rate & NOI

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

Location

4479 County 5th NW Hackensack, MN 56452-2080
Hackensack metro Census 960600 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2023
Last sale
$3,100
4 recorded transactions
2023
$3,100
2006
Price N/A
2005
Price N/A
2005
$125,000

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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