Property profile

716 Freeport NW Ave 804 Elk River, MN 55330

OFF-MARKET
Commercial land
Property ID
US46-1497124
0.47 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.47 ac (20,473 SF)
APN 75-442-0230
UPID US46-1497124

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
  • Gym & Fitness Center
  • Physician Alternative Medicine Practice
  • Training Center
  • Alternative Medicine Practice Spa & Massage Center

Location

716 Freeport NW Ave, Unit 804 Elk River, MN 55330-2645
Elk River metro Census 30506 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k

Owner & transaction history

since 2023
Last sale
$650,000
6 recorded transactions
2024
Price N/A
2023
$650,000
2008
$1.2M
2005
$2.6M
2005
$3.4M
1969
Price N/A

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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