Property profile

510 3rd W Ave Alexandria, MN 56308

OFF-MARKET
Motels
Property ID
US46-1339142
9,368 SF 1.58 ac lot Built 1948
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1948
Total area 9,368 SF
Lot 1.58 ac (68,825 SF)
APN 63-0716-000
UPID US46-1339142

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
  • Apartment Building

Location

510 3rd W Ave Alexandria, MN 56308-1327
Alexandria metro Census 450702 ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
$460k
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2026
Last sale
$675,000
6 recorded transactions
2026
$675,000
2017
Price N/A
2017
$522,500
2016
Price N/A
2005
Price N/A
2005
$341,251

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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