Property profile

5398 Broadway St Alexandria, MN 56308

OFF-MARKET
Warehouses
Property ID
US46-1174125
18,000 SF 2.29 ac lot Built 1972
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Total area 18,000 SF
Lot 2.29 ac (99,752 SF)
APN 63-0012-120
UPID US46-1174125

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
  • School Administration Office Public Educational Institution
  • High School Vocational School

Location

5398 Broadway St Alexandria, MN 56308-4423
Alexandria metro Census 450703 ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.38M

Owner & transaction history

since 2021
Last sale
$1.1M
3 recorded transactions
2021
$1.1M
2020
Price N/A
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.9M +8.5%

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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