Property profile

820 40th NE Ave Columbia Heights, MN 55421

OFF-MARKET
Commercial real estate
Property ID
US46-0771954
13,976 SF 0.46 ac lot Built 1965
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,976 SF
Lot 0.46 ac (20,028 SF)
APN 35-30-24-41-0115
UPID US46-0771954

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
  • Hotel & Motel Resort

Location

820 40th NE Ave Columbia Heights, MN 55421-2903
Columbia Heights metro Census 51400 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2017
2 recorded transactions
2017
$570,000
2017
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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