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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    5 Riv St, Cook, MN 55723

    864 SF Built 1992
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US46-0838352
    Property summary
    AI-generated overview

    This exceptional 0.4-acre lot is situated on a prime corner in downtown Cook, Minnesota, at 5 S River Street. The property offers significant potential for a new business venture, boasting ample space for construction and the inclusion of a dedicated parking lot. Its central location within the Cook business district ensures high visibility and accessibility for customers. The lot's size provides flexibility in design and development, allowing for a variety of building options to suit diverse business needs. The address, 5 S River Street, places the property in a high-traffic area, maximizing exposure and potential customer reach. This presents a unique opportunity for entrepreneurs seeking a prominent location to establish their business. The existing zoning regulations should be independently verified to ensure compliance with any planned development. The asking price of $50,000 represents a compelling investment opportunity in a thriving community. This is a rare chance to acquire a prime commercial lot in a desirable downtown location. Don't miss this chance to secure a foothold in the heart of Cook. The property is sold as-is.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1992
    Total area 864 SF
    APN 120-0010-00150
    UPID US46-0838352
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Steven V Kajala · 5 yrs held
    Steven V Kajala
    since 2021
    Last sale
    $45,000
    2 recorded transactions
    2021
    $45,000
    2012
    $260,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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