Technical
Financial
Distress signals
Property profile

8990 Springbrook NW Dr 2 Coon Rapids, MN 55433

OFF-MARKET
Industrial properties
Property ID
US46-1931044
14,493 SF 0.29 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,493 SF
Lot 0.29 ac (12,512 SF)
APN 36-31-24-13-0063
UPID US46-1931044

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
  • Physician
  • Physician Medical Clinic
  • Registered General Nurse Doctor
  • Physician

Location

8990 Springbrook NW Dr, Unit 2 Coon Rapids, MN 55433-5850
Coon Rapids metro Census 50710 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.35M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.1M +51.9%

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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