Property profile

4910 Hwy 61st N White Bear Lake, MN 55110

OFF-MARKET
Office buildings
Property ID
US46-1062880
6,091 SF 0.35 ac lot Built 1997
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Construction WOOD FRAME
Total area 6,091 SF
Lot 0.35 ac (15,290 SF)
Zoning code C
APN 14-30-22-14-0008
UPID US46-1062880

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
  • Real Estate Agency

Location

4910 Hwy 61st N White Bear Lake, MN 55110-2661
White Bear Lake metro Census 40200 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
$526k
Blend (final) Blend
$745k

Owner & transaction history

since 2020
Last sale
$830,000
7 recorded transactions
2020
$830,000
2004
Price N/A
1999
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · White Bear Lake, MN
Top alternative use upside
Restaurant $1.3M +80.9%
Auto repair, garage $1.2M +73.7%
Neighborhood: shopping center $1.0M +43.8%

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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