Property profile

602 Fair Ave Park Rapids, MN 56470

OFF-MARKET
Assisted living facilities
Property ID
US46-2386194
25,980 SF 0.98 ac lot Built 2000
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2000
Total area 25,980 SF
Lot 0.98 ac (42,689 SF)
APN 32.82.00200
UPID US46-2386194

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
  • Nursing Home

Location

602 Fair Ave Park Rapids, MN 56470-1394
Park Rapids metro Census 70600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$665k

Owner & transaction history

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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