Property profile

587 1st SW St New Brighton, MN 55112

OFF-MARKET
Warehouses
Property ID
US46-0637241
10,525 SF 3.14 ac lot Built 1962
Entity Owned 27-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1962
Total area 10,525 SF
Lot 3.14 ac (136,778 SF)
APN 32-30-23-12-0021
UPID US46-0637241

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
  • Car Rental Facility

Location

587 1st SW St New Brighton, MN 55112-7753
New Brighton metro Census 41107 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
by Request
Blend (final) Blend
$1.12M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.8M +45.7%
Medical building $1.6M +27.9%

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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