Entity Owned Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Total area
74,936 SF
Lot
6.85 ac (298,473 SF)
Zoning code
F
APN
26-30-23-23-0004
UPID
US46-0628634
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
-
Hotel & Motel Resort
-
Resort
-
Take-out & Catering Catering Service
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.84M
CAP Approach
CAP
$9.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.32M
Owner & transaction history
since 2015
Last sale
$9.3M
4 recorded transactions
Zoning & alternative use
F · Shoreview, MN
Top alternative use upside
Restaurant
$6.4M
+634.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$8.32M
Value range
$7.49M – $9.15M
±10% around blend
Estimated value / SF
$111 / SF
Confidence
Low
4 county-verified comps
Property data
88
Comparable evidence
40
$7.49M
blend $8.32M
$9.15M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
74,936 SF
Lot area
6.85 ac
Year built
1985
APN
26-30-23-23-0004
Zoning
F
Assessed value
$6,821,300
Annual tax
$200,678
3
Income approach: direct capitalization
Partial preview
Income approach indication
$9.93M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$10.76M
@ 6.5% CAP return
$9.93M
@ 7% CAP return
$9.22M
4
Sales comparison
Partial preview
Sales approach indication
$12.41M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.9 mi away · 75,108 SF
13.0 mi away · 87,020 SF
14.8 mi away · 61,560 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.32M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+634%
vs current-use indication
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
7.80%
Implied, in-place cap rate for this hotels
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.80%
9.0%
NOI (est.)
$648k *
Last sale · Jan 2020
$9.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.30M
Move the market yield to see immediate price impact.
Value / SF
$111
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.30%7.80%8.30%
$583k
$7.98M
$7.47M
$7.02M
$648k
$8.87M
$8.30M
$7.80M
$712k
$9.76M
$9.13M
$8.58M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$3.50M
4.3 mi · Sep 2025 · $65/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$200,678
Tax year 2023
Assessed value
$6,821,300
Assessed 2023
Previous assessed
$6,316,600
+8.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$2,985,000
Assessed improvement
$3,836,300
Land market value
$2,985,000
Improvement market value
$3,836,300
Total market value
$6,821,300
Applied tax rate
621.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1985
Heating
STEAM
Buildings
3
Total area
74,936 SF
Lot
6.85 ac (298,473 SF)
Zoning code
F
APN
26-30-23-23-0004
UPID
US46-0628634
Jurisdiction
RAMSEY
Zoning & alternative use
F · Shoreview, MNZoning F · permitted uses
F · Shoreview, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
STEAM
Buildings
3
Lot
6.85 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
F
Jurisdiction
Shoreview, MN
Recorded code
F
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for F in Shoreview, MN.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1000 Gramsie Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
