Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2230 Ranchview Ln N, Unit 93 Plymouth, MN 55447

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,900

    Refreshed 2-bedroom townhome in Plymouth with modern updates.

    Property size:
    962 SF
    Lot size:
    0.84 Acres

    Property Features for 2230 Ranchview Ln N

    General Information

    Size
    962 SF
    Lot size
    0.84 Acres

    Building Details

    Year built
    1994

    We can help!

    Listing Contact
    Tara Renstrom
    Tara Renstrom
    Source: Kw

    Listing Agent: Tara Renstrom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Refreshed Townhome in Prime Location

    This refreshed 2-bedroom, 1-bath end-unit townhome is located in Plymouth. The property benefits from an end-unit location, providing extra privacy and natural light. The home features new ceilings with recessed lighting and modern flooring in the entryway and patio area. The updated kitchen includes countertops and a functional layout suitable for everyday living and entertaining. A private side patio offers outdoor space. The property includes a one-stall garage for storage and parking. The community is association-maintained.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Clothing Store Auto Repair Shop Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4755136
    Latitude
    45.0030329

    Nearby Similar for Sale

    • Contact for pricing
      0.05 Acres

      Office Space in Plymouth, MN

      Office space with four offices, reception, kitchenette, and storage.
      3165 Fernbrook Ln N, Plymouth, MN 55447
      View Details
    • $339,700
      1,840 SF

      Updated Townhome in Prime Location

      Well-maintained 3-bedroom townhome with updated features and convenient location.
      5304 Yorktown Ln N, Plymouth, MN 55442
      View Details
    • $389,900
      1,776 SF

      Plymouth Rambler Townhome with Pond Views

      Rare rambler townhome in prime location with pond and backyard views.
      1725 Weston Ln N, Plymouth, MN 55447
      View Details
    • $225,000

      West Facing Townhome in Plymouth

      Townhome in Plymouth near shopping, restaurants, parks, and trails.
      13460 60Th Pl N, Plymouth, MN 55446
      View Details
    • $2,995,000
      15,127 SF

      Plymouth Class-A Office Building

      Class-A office building in a high-visibility Plymouth location.
      9655 Schmidt Lake Rd, Plymouth, MN 55442
      View Details
    • $713,645

      New Construction Twin Home

      New construction twin home in Plymouth with Wayzata Schools.
      18028 38Th Pl N, Plymouth, MN 55446
      View Details
    • $225,000
      1,080 SF

      Renovated Townhome with Modern Features

      Newly renovated townhome with updated flooring and remodeled bathroom.
      5955 Wedgewood Ln N, Plymouth, MN 55446
      View Details
    • $335,000
      1,614 SF

      End Unit Townhome in Plymouth

      Well-crafted townhome in Wayzata school district, close to park.
      3615 Lawndale Ln N, Plymouth, MN 55446
      View Details
    • $4,800,000
      29,230 SF

      Plymouth Warehouse with Unique Amenities

      29,230 SF Plymouth warehouse featuring high-end amenities.
      2800 Niagara Ln N, Plymouth, MN 55447
      View Details
    • Contact for pricing
      22,844 SF

      Plymouth Medical/Office Building For Sale

      Medical/Office building with great exposure and easy access.
      9750-9800 Rockford Rd, Plymouth, MN 55442
      View Details
    • Contact for pricing
      92,654 SF

      Plymouth Manufacturing Facility For Sale

      92,654 SF manufacturing facility in Plymouth, MN, with heavy power.
      14905 23 Ave N, Plymouth, MN
      View Details
    • $2,600,000
      20,412 SF

      Plymouth Office Building - Great Investment

      Multi-use office, ample parking, strong tenant base.
      4205 Lancaster Ln, Plymouth, MN 55441
      View Details

    FAQs

    What type of property is this?
    Single family property - Refreshed 2-bedroom townhome in Plymouth with modern updates.
    Where is this single family property located?
    The property is located at 2230 Ranchview Ln N, Unit 93 Plymouth, MN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Highly desirable Plymouth location.; - Refreshed 2-bedroom end-unit townhome with extra privacy and natural light.; - Updated kitchen with stunning countertops and smart layout.
    (763) 234-0929
    Request Owner's contact information
    2230 Ranchview Ln N, Unit 93 Plymouth, MN 55447
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2230 Ranchview Ln N, Unit 93
    Plymouth, MN 55447
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2230 Ranchview Ln N, Unit 93 Plymouth, MN 55447
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tara Renstrom
    Tara Renstrom
    (763) 234-0929
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.