Property profile

8 Pne Tree Dr Arden Hills, MN 55112

OFF-MARKET
Office buildings
Property ID
US46-0939508
68,113 SF 3.01 ac lot Built 1985
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1985
Total area 68,113 SF
Lot 3.01 ac (131,246 SF)
Zoning code C
APN 34-30-23-11-0023
UPID US46-0939508

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
  • Insurance Agency
  • Title Company
  • Financial Advisor
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Industrial Manufacturer Production Facility

Location

8 Pne Tree Dr Arden Hills, MN 55112-3744
Arden Hills metro Census 40804 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.35M
CAP Approach CAP
$13.28M
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.98M

Owner & transaction history

since 2020
Last sale
$12.2M
6 recorded transactions
2020
$12.2M
2020
Price N/A
2006
$250,000
1998
$91,500
1998
$13.1M
1969
Price N/A

Zoning & alternative use

C · Arden Hills, MN
Top alternative use upside
Restaurant $14.4M +92.8%
Auto repair, garage $13.8M +85.1%
Neighborhood: shopping center $11.4M +53.3%

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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