Property profile

505 5th NW Ave New Prague, MN 56071

OFF-MARKET
Manufacturing properties
Property ID
US46-1216518
25,116 SF 4.37 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Total area 25,116 SF
Lot 4.37 ac (190,357 SF)
APN 24-119001-0
UPID US46-1216518

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
  • Fire Station

Location

505 5th NW Ave New Prague, MN 56071-1160
New Prague metro Census 81200 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.98M
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.6M +22.8%

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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