Technical
Financial
Distress signals
Property profile

53 Main St Waconia, MN 55387

OFF-MARKET
Banks
Property ID
US46-0564031
8,156 SF 0.87 ac lot Built 1940
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1940
Total area 8,156 SF
Lot 0.87 ac (37,897 SF)
APN 75-0502720
UPID US46-0564031

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

53 Main St Waconia, MN 55387-1021
Waconia metro Census 90303 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$568k
Blend (final) Blend
$515k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $830,000 +21.3%
Medical building $770,000 +12.3%
Auto repair, garage $735,000 +7.3%

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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