Property profile

4940 Hwy 61st N White Bear Lake, MN 55110

OFF-MARKET
Hotels
Property ID
US46-0464232
50,283 SF 2.55 ac lot Built 1984
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1984
Construction WOOD FRAME
Total area 50,283 SF
Lot 2.55 ac (110,947 SF)
Zoning code D
APN 14-30-22-11-0057
UPID US46-0464232

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
  • Restaurant

Location

4940 Hwy 61st N White Bear Lake, MN 55110-2658
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
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$810k
Blend (final) Blend
$785k

Owner & transaction history

since 2000
7 recorded transactions
2024
Price N/A
2020
Price N/A
2000
$1.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

D · White Bear Lake, MN

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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