Property profile

831 40th NE Ave Columbia Heights, MN 55421

OFF-MARKET
Commercial real estate
Property ID
US46-0172722
9,258 SF 0.44 ac lot Built 1948
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Construction WOOD FRAME
Total area 9,258 SF
Lot 0.44 ac (19,350 SF)
APN 35-30-24-41-0031
UPID US46-0172722

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
  • Social Service Agency
  • Landscaping General Contractor
  • Auto Repair Shop

Location

831 40th NE Ave Columbia Heights, MN 55421-2906
Columbia Heights metro Census 51501 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
$1.26M
Blend (final) Blend
$990k

Owner & transaction history

since 2016
5 recorded transactions
2021
Price N/A
2016
$295,000
2015
$216,000
1969
Price N/A
1969
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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