Property profile

485 4th S Ave Isle, MN 56342

OFF-MARKET
Hotels
Property ID
US46-1323587
Built 1985
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial garage/shop located just off Main Street in Isle, Minnesota, near the south shore of Mille Lacs Lake. The main heated building measures 40 feet by 60 feet (approximately 2,400 square feet) and includes a wide-open shop workspace with two overhead doors sized 14 feet by 14 feet, suitable for accommodating large vehicles, boats, or equipment. The building is served by city water and sewer and has natural gas service, along with cable internet availability. Interior features include an air-conditioned office, a half bath on the main level, a second-floor storage area, two heaters in the shop, and ample electrical power.

Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Year built 1985
APN 20-160-0020
UPID US46-1323587

Cap rate & NOI

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

Location

485 4th S Ave Isle, MN 56342
Isle metro Census 970100 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2021
Last sale
$60,000
2 recorded transactions
2021
$60,000
2017
$65,000

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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