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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Automotive properties
1000 Hwy 55th E Buffalo, MN 55313-8923
Entity Owned
15-yr Hold
Free & Clear
Property ID
US46-1484858
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,577 SF
Lot
4.91 ac (213,923 SF)
APN
103-500-293100
UPID
US46-1484858
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.89M
Owner & transaction history
Ryan Buffalo Land Co · 15 yrs held
Ryan Buffalo Land Co
since 2011
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+13.1%
Restaurant
$2.7M
+11.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,410,000
Current use
OFFICE BUILDING
$2,725,000
Change: +13% · Conversion: Difficult
RESTAURANT
$2,690,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$2,405,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,145,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$66,662
Tax year 2023
Assessed value
$2,534,600
Assessed 2023
Previous assessed
$2,534,600
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$1,267,900
Assessed improvement
$1,266,700
Land market value
$1,267,900
Improvement market value
$1,266,700
Total market value
$2,534,600
Applied tax rate
301.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
2
Total area
20,577 SF
Lot
4.91 ac (213,923 SF)
APN
103-500-293100
UPID
US46-1484858
Jurisdiction
WRIGHT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.7M
RESTAURANT
Est. value
$2.7M
RETAIL STORES
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.1M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
2
Lot
4.91 ac
Current owner
From public records · entity-resolved
Ryan Buffalo Land Co
Entity
Free & Clear · 15 yrs held
Mailing address
1000 HWY 55TH E, BUFFALO, MN 55313-8923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
—
Ryan Buffalo Land Company LLC
—
Deed
related
$13,500,000 · Old National Bank
Apr 30, 2018
—
Ryan Buffalo Land Company LLC
—
Deed
related
$4,850,000 · Ally Bank
Apr 18, 2011
—
Ryan Buffalo Land Co
Ryan Buffalo Land Co
Quit Claim Deed
related
—
—
—
Ryan Buffalo Land Co LLC
—
Deed Of Trust
related
$700,000 · Klein Bank
—
—
Ryan Buffalo Land Co LLC
—
Deed Of Trust
related
$6,000,000 · Ally Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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