Property profile

7421 Commerce NE Ln Fridley, MN 55432

OFF-MARKET
Industrial properties
Property ID
US46-1078152
29,424 SF 2.51 ac lot Built 1969
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,424 SF
Lot 2.51 ac (109,524 SF)
APN 11-30-24-23-0023
UPID US46-1078152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7421 Commerce NE Ln Fridley, MN 55432-3124
Fridley metro Census 51101 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.13M
Blend (final) Blend
$2.44M

Owner & transaction history

since 2023
Last sale
$2.4M
5 recorded transactions
2023
Price N/A
2023
$2.4M
2017
$12,248
2017
Price N/A
2014
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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