Property profile

5685 Blaine Ave Inver Grove Heights, MN 55076

OFF-MARKET
Commercial real estate
Property ID
US46-0950741
15,395 SF 1.74 ac lot Built 2005
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction CONCRETE
Total area 15,395 SF
Lot 1.74 ac (75,794 SF)
APN 20-14153-01-010
UPID US46-0950741

Cap rate & NOI

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

Location

5685 Blaine Ave Inver Grove Heights, MN 55076-1226
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$1.60M

Owner & transaction history

since 2017
6 recorded transactions
2017
$1.1M
2014
Price N/A
2005
Price N/A
2005
$491,496
2005
$500
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.6M +105.4%
Warehouse, storage $2.3M +83.3%
Retail stores $2.2M +71.5%

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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