Property profile

7181 42nd N Ave New Hope, MN 55427

OFF-MARKET
Commercial real estate
Property ID
US46-0976522
0.29 ac lot Built 1958
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1958
Construction CONCRETE BLOCKS
Lot 0.29 ac (12,632 SF)
APN 17-118-21-24-0108
UPID US46-0976522

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
  • Cafe & Coffee Shop

Location

7181 42nd N Ave New Hope, MN 55427-1313
New Hope metro Census 21504 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2020
Last sale
$200,000
1 recorded transaction
2020
$200,000

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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