Property profile

550 Shoreview Park Rd Shoreview, MN 55126

OFF-MARKET
Industrial properties
Property ID
US46-3241143
16,000 SF 1.61 ac lot Built 1991
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1991
Total area 16,000 SF
Lot 1.61 ac (70,132 SF)
Zoning code F
APN 25-30-23-33-0013
UPID US46-3241143

Cap rate & NOI

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

Location

550 Shoreview Park Rd Shoreview, MN 55126-7046
Shoreview metro Census 40704 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
$1.22M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2009
6 recorded transactions
2009
$945,100
2005
$885,000
2002
$670,000
2000
Price N/A
2000
$500,000
1969
Price N/A

Zoning & alternative use

F · Shoreview, MN
Top alternative use upside
Warehouse, storage $1.8M +70.3%
Office building $1.8M +61.9%
Retail stores $1.6M +51.1%

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
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