Property profile

502 Rock St Springfield, MN 56087

OFF-MARKET
Motels
Property ID
US46-2473088
9,052 SF Built 2004
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2004
Total area 9,052 SF
APN 003.270.001.01.010
UPID US46-2473088

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
  • Hotel & Motel

Location

502 Rock St Springfield, MN 56087-1737
Springfield metro Census 960600 NEW ULM, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

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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