Property profile

Ely, MN 55731

OFF-MARKET
Commercial real estate
Property ID
US46-1602609
16,000 SF 0.4 ac lot
Individually Owned 27-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 16,000 SF
Lot 0.4 ac (17,424 SF)
APN 030-0500-00391
UPID US46-1602609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ely, MN 55731
Ely metro DULUTH, 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
$766k
Blend (final) Blend
$315k

Owner & transaction history

since 1999
5 recorded transactions
2018
Price N/A
1999
$795,000
1969
Price N/A
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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