Property profile

821 Riv Rd Anoka, MN 55303

OFF-MARKET
Turn key restaurants
Property ID
US46-0290806
7,730 SF 1.02 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,730 SF
Lot 1.02 ac (44,431 SF)
Zoning code B-6
APN 07-31-24-42-0095
UPID US46-0290806

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
  • Restaurant

Location

821 Riv Rd Anoka, MN 55303-2827
Anoka metro Census 50504 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2022
Last sale
$267,000
5 recorded transactions
2022
$267,000
2019
$500
2019
$267,000
2012
$240,000
2010
$257,423

Zoning & alternative use

B-6 · Anoka, MN
Zoning description

The purpose of the B-6 Neighborhood Commercial Business District is to provide appropriately located areas for low intensity retail stores, offices, and personal service establishments patronized by residents of the neig…

General category COMMERCIAL

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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