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    Property profile & analytics

    4601 Nicollet Ave Minneapolis, MN 55419-5506

    • Commercial real estate
    • 8,274 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0738951
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Steve's Tire & Auto / Auto Repair Shop / Auto Air Conditioning Service
    • Lube Xpress / Oil Change Service

    Property Details for 4601 Nicollet Ave

    Year built
    2009
    Construction
    CONCRETE
    Lot size
    0.35 lot acres
    Property size
    8,274 SF
    Zone code
    C2
    Property type
    Commercial real estate
    APN
    15-028-24-12-0087
    APU
    1502824120087

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2776
    Latitude
    44.9194
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,638
    $305,100
    $1,025,700
    $1,330,800
    -
    $305,100
    $1,025,700
    $1,330,800

    Comparable in this City

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      5750 Wentworth Ave

      COMMERCIAL (GENERAL) • 7,860 SF
      5750 Wentworth Ave, Minneapolis, MN 55419-1817
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      15,808 SF

      4501 Colfax S Ave

      COMMERCIAL (GENERAL) • 15,808 SF
      4501 Colfax S Ave, Minneapolis, MN 55419-4736
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      127,065 SF

      1601 50th St

      COMMERCIAL (GENERAL) • 127,065 SF
      1601 50th St, Minneapolis, MN 55419-1110
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      9,500 SF

      401 Prospect Ave

      COMMERCIAL (GENERAL) • 9,500 SF
      401 Prospect Ave, Minneapolis, MN 55419
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    • Value Estimation by Request
      139,806 SF

      5757 Irving S Ave

      COMMERCIAL (GENERAL) • 139,806 SF
      5757 Irving S Ave, Minneapolis, MN 55419-1641
      View Details

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    Similar Nearby for Lease

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      Retail property is currently 100% leased with no availability.
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    Property Visit Statistics

    • Visits by month
      19.7k
    • Visitors by month
      15.2k
    • Avg Time on site
      12 min
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    4601 Nicollet Ave
    Minneapolis, MN 55419-5506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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