Property profile

505 12th Ave Virginia, MN 55792

OFF-MARKET
Other specialty properties
Property ID
US46-0698125
12,600 SF 3.14 ac lot Built 1970
Individually Owned 22-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A single-level office or medical building located in Virginia, Minnesota, with a fully built-out interior designed for office use. The structure provides at-grade access and is served by surface parking, supporting convenient customer or client arrival. The building is configured and suitable for office or medical use.

Property profile

Verified
Property type Other specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1970
Total area 12,600 SF
Lot 3.14 ac (136,778 SF)
APN 090-0180-00447
UPID US46-0698125

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
  • Dental Office
  • Counselor
  • Crisis Center Medical Clinic
  • Social Service Agency Charitable Organization
  • Physician

Location

505 12th Ave Virginia, MN 55792-3099
Virginia metro Census 13200 DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2004
7 recorded transactions
2006
Price N/A
2004
$45,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 505 12th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message