Technical
Financial
Distress signals
Property profile

60505 216th St Eagle Lake, MN 56024

OFF-MARKET
Commercial real estate
Property ID
US46-1889306
5,961 SF 10.7 ac lot Built 2000
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 5,961 SF
Lot 10.7 ac (466,092 SF)
APN R39.10.17.100.007
UPID US46-1889306

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
  • Landscaping General Contractor

Location

60505 216th St Eagle Lake, MN 56024-4463
Eagle Lake metro Census 170100 MANKATO-NORTH MANKATO, MN MICROPOLITAN 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
$508k
Blend (final) Blend
$260k

Owner & transaction history

since 2015
1 recorded transaction
2015
$300,000

Zoning & alternative use

Top alternative use upside
Office building $775,000 +61.7%
Retail stores $610,000 +27.4%

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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