Property profile

501 1st Ave Grand Rapids, MN 55744

OFF-MARKET
Residential income homes
Property ID
US46-2348654
0.96 ac lot
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Lot 0.96 ac (41,818 SF)
APN 91-480-2610
UPID US46-2348654

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
  • Civil Engineer Land Surveyor
  • Charitable Organization Social Service Agency

Location

501 1st Ave Grand Rapids, MN 55744-3835
Grand Rapids metro Census 480805 GRAND RAPIDS, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2011
1 recorded transaction
2011
$229,900

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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