Technical
Financial
Distress signals
Property profile

487 8th NW Ave New Brighton, MN 55112

OFF-MARKET
Industrial properties
Property ID
US46-1670750
28,722 SF 1.32 ac lot Built 1988
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1988
Total area 28,722 SF
Lot 1.32 ac (57,586 SF)
APN 29-30-23-42-0039
UPID US46-1670750

Cap rate & NOI

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

Location

487 8th NW Ave New Brighton, MN 55112
New Brighton metro Census 41200 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2020
1 recorded transaction
2020
$75,000

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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