Property profile

4483 Highway 53 Orr, MN 55771

OFF-MARKET
Other hospitality properties
Property ID
US46-0514360
Built 1994
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Property summary

AI-generated overview

A 12-unit motel property located on Pelican Lake in Orr, Minnesota, with frontage directly along Highway 53. The property sits on a 1.28-acre site and contains approximately 5,832 square feet of building area. It is configured as short-stay guest lodging and historically served travelers visiting the Pelican Lake area and nearby destinations, with access to year-round recreational activities associated with the lake and surrounding region. The facility includes updates that include new automatic combination locks and an updated booking/online reservation website. The on-site configuration supports the owners living on the premises.

Property profile

Verified
Property type Other hospitality properties
Year built 1994
UPID US46-0514360

Cap rate & NOI

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

Location

4483 Highway 53 Orr, MN 55771
Orr metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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