Technical
Financial
Distress signals
Property profile

540 1st St Waconia, MN 55387

OFF-MARKET
Medical Office Space
Property ID
US46-1115260
6,848 SF 0.29 ac lot Built 1974
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1974
Total area 6,848 SF
Lot 0.29 ac (12,632 SF)
APN 75-5300010
UPID US46-1115260

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
  • Marriage Or Relationship Counselor
  • Physician
  • Physician Medical Clinic
  • Foster Care Service Social Service Agency
  • Physician Medical Clinic

Location

540 1st St Waconia, MN 55387-1600
Waconia metro Census 90303 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$850k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $970,000 +50.4%
Commercial (general) $815,000 +26.4%
Restaurant $775,000 +20.1%

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 540 1st St?
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