Property profile

500 1st E St Park Rapids, MN 56470

OFF-MARKET
Turn key restaurants
Property ID
US46-2846248
5,382 SF 0.28 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 5,382 SF
Lot 0.28 ac (12,197 SF)
APN 32.44.03200
UPID US46-2846248

Cap rate & NOI

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

Location

500 1st E St Park Rapids, MN 56470-1703
Park Rapids metro Census 70600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

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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