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    1227 Timberlane Dr Sauk Centre, MN 56378-1756

    • Commercial real estate
    • 8,288 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $365,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-1235092
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Westside Liquor of Sauk Centre / Wine Store / Liquor Store
    • ATM / Atm

    Property Details for 1227 Timberlane Dr

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    8,288 SF
    Property type
    Commercial real estate
    APN
    94.58460.0020
    APU
    94584600020

    Description

    This 33,272 square foot retail property in Sauk Centre, Minnesota, presents a compelling value-add investment opportunity. Shadow-anchored by a Walmart Supercenter, this shopping center benefits from a high-traffic location at the intersection of I-94/Main St (US Hwy 71), boasting a combined daily traffic count exceeding 33,000 vehicles. The property, built in 1998 and renovated in 2022, sits on a 2.95-acre lot and includes 164 parking spaces, pylon signage, and dual loading docks. Currently, occupancy stands at 23.02%, with three tenants on short-term leases providing immediate income while allowing for redevelopment of the substantial 26,000+ square foot vacant space. These tenants include Fastenal (a Nasdaq-100 and S&P 500 company), Options for Women, and Feldt Financial Services. The property is zoned C-2 and features a recently milled and overlaid front parking lot. The asking price is $1,400,000 ($42.08/sq ft). Seller financing is available. The property is located within the St. Cloud MSA, a major population center in central Minnesota, and enjoys proximity to numerous national brands including McDonald's, Taco Bell, and others. A clean environmental report from 2022 is available. Fee simple ownership is offered, free and clear of debt. This presents a rare chance to acquire a strategically positioned retail asset with significant upside potential through lease-up or redevelopment in a high-demand market with only a 4% vacancy rate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $365,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sauk Centre
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.9487
    Latitude
    45.7224
    CBSA code
    41060
    CBSA name
    ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,402
    $141,700
    $412,000
    $553,700
    -
    $141,700
    $412,000
    $553,700

    Comparable in this City

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      411 4th S St

      COMMERCIAL (GENERAL) • 1,120 SF
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    • Value Estimation
      $255,000
      2,196 SF

      321 Main N St

      COMMERCIAL (GENERAL) • 2,196 SF
      321 Main N St, Sauk Centre, MN 56378-1113
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    • Value Estimation
      $60,000
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      219 Oak S St

      COMMERCIAL (GENERAL) • 880 SF
      219 Oak S St, Sauk Centre, MN 56378-1243
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    • Value Estimation
      $250,000
      1,410 SF

      525 Sinclair Lewis Ave

      COMMERCIAL (GENERAL) • 1,410 SF
      525 Sinclair Lewis Ave, Sauk Centre, MN 56378-1245
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    • Value Estimation
      $410,000
      3,646 SF

      40536 Us Hwy 71

      COMMERCIAL (GENERAL) • 3,646 SF
      40536 Us Hwy 71, Sauk Centre, MN 56378-8432
      View Details
    • Value Estimation
      $385,000
      3,500 SF

      Sauk Centre, MN 56378

      COMMERCIAL (GENERAL) • 3,500 SF
      Sauk Centre, MN 56378
      View Details

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    Sauk Centre, MN 56378-1756
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    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
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