Property profile

4874 Hwy 61 Lutsen, MN 55612

OFF-MARKET
Motels
Property ID
US46-1151240
2,763 SF 3.61 ac lot Built 1985
Entity Owned Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1985
Construction WOOD FRAME
Total area 2,763 SF
Lot 3.61 ac (157,252 SF)
APN 51-019-3140
UPID US46-1151240

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
  • Charitable Organization Social Service Agency

Location

4874 Hwy 61 Lutsen, MN 55612-9515
Lutsen metro Census 480102
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

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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