Property profile

5520 Colby Lk Rd Hoyt Lakes, MN 55750

OFF-MARKET
Manufacturing properties
Property ID
US46-1943659
30,000 SF Built 2003
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2003
Total area 30,000 SF
APN 142-0058-00040
UPID US46-1943659

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
  • Factory Production Facility
  • Industrial Manufacturer Production Facility

Location

5520 Colby Lk Rd Hoyt Lakes, MN 55750-4000
Hoyt Lakes metro Census 14000 DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.83M
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k

Owner & transaction history

since 2018
5 recorded transactions
2018
$800,000
2016
Price N/A
2016
$1.6M
1969
Price N/A
1969
Price N/A

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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