Property profile

471 Babcock E Blvd Delano, MN 55328

OFF-MARKET
Industrial properties
Property ID
US46-1668141
12,240 SF 2.67 ac lot Built 2003
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2003
Construction CONCRETE
Total area 12,240 SF
Lot 2.67 ac (116,349 SF)
APN 107-500-132116
UPID US46-1668141

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Parts Store (Bike/Boat/Book/etc) Store

Location

471 Babcock E Blvd Delano, MN 55328
Delano metro Census 101001 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2018
2 recorded transactions
2018
$3.0M
2012
$2.2M

Zoning & alternative use

Top alternative use upside
Office building $1.6M +62.2%
Restaurant $1.6M +60.1%
Auto repair, garage $1.4M +43.5%

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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