Property profile

5641 Blackburn Ln Inver Grove Heights, MN 55076

OFF-MARKET
Auto shops
Property ID
US46-0035736
8,168 SF 1 ac lot Built 2000
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2000
Construction CONCRETE
Total area 8,168 SF
Lot 1 ac (43,560 SF)
APN 20-14152-01-010
UPID US46-0035736

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
  • Auto Repair Shop

Location

5641 Blackburn Ln Inver Grove Heights, MN 55076-1608
Inver Grove Heights metro Census 60506 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$1.79M

Owner & transaction history

since 2021
Last sale
$1.9M
7 recorded transactions
2021
$1.9M
2017
Price N/A
2017
Price N/A
2007
Price N/A
2005
$1.0M
2004
$782,599
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.6M +16.2%
Restaurant $1.6M +13.6%

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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