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Property profile & analytics
OFF-MARKET
Industrial properties

841 Frst E Ave Mora, MN 55051-4413

4,320 SF 1 ac lot Built 1969
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US46-2458215
Property summary
AI-generated overview

The Mora Business Center, a meticulously renovated two-story office building (5,200 total square feet) situated on a 2.16-acre lot, presents a unique opportunity for businesses seeking a professional and convenient workspace. Built in 1985 and completely renovated in 2022, this property boasts 12 individual suites, with 2,500 square feet currently available for lease. The building features high 20-foot ceilings and ample parking with 30 spaces. Conveniently located near the intersection of Barker Street and Highways 23 and 65, the center offers excellent signage opportunities and easy highway access. The interior features modern amenities including a reservable conference room, a shared kitchenette, and a copy/print area. Available office spaces range from 83 to 128 square feet, with monthly lease rates ranging from $600 to $850. The property is zoned for business/commercial use and is serviced by electric and gas utilities. This is an ideal location for businesses of all sizes looking for a modern, well-maintained, and easily accessible office space. The newly paved parking lot and updated exterior enhance the professional image of this impressive business center.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1969
Construction WOOD
Total area 4,320 SF
Lot 1 ac (43,560 SF)
APN 22.02145.00
UPID US46-2458215
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bci Land Holdings LLC · 4 yrs held
Bci Land Holdings LLC
since 2022
Last sale
$340,000
3 recorded transactions
2022
$340,000
2021
Price N/A
2021
$280,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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