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Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Warehouses
10111 Innsbrook Dr, Monticello, MN 55362
Entity Owned
9-yr Hold
Free & Clear
Property ID
US46-0053756
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Construction
WOOD
Total area
76,164 SF
Lot
6.28 ac (273,426 SF)
APN
155-125-004110
UPID
US46-0053756
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
Current use
Occupant on record · Public records
-
Affordable Storage LLC Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.07M
Owner & transaction history
Kb Properties LLC · 9 yrs held
Kb Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Monticello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monticello 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
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±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
$40 / 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
$87,394
Tax year 2023
Assessed value
$5,240,700
Assessed 2023
Previous assessed
$5,240,700
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,234,300
Assessed improvement
$4,006,400
Land market value
$1,234,300
Improvement market value
$4,006,400
Total market value
$5,240,700
Applied tax rate
1,101.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
NONE
Total area
76,164 SF
Lot
6.28 ac (273,426 SF)
APN
155-125-004110
UPID
US46-0053756
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
Building & site characteristics
From public records
Year built
2017
Construction
WOOD
Heating
NONE
Lot
6.28 ac
Current owner
From public records · entity-resolved
Kb Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 1677, MONTICELLO, MN 55362-1677
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2018
—
Kb Properties LLC
—
Trustees Deed
related
$800,000 · Star Bk
Oct 6, 2017
—
Kb Properties LLC
—
Trustees Deed
related
$520,000 · Star Bk
Feb 16, 2017
$240,000
Kb Properties LLC
Wells Fargo Bk NA
Grant Deed
—
Jul 13, 2009
$821,000
Wells Fargo Bank NA
Deputy Sheriff Of Wright County
Trustees Deed
related
—
Dec 31, 2008
—
Jacob Holdings Of Monticello LLC
—
Deed Of Trust
related
$2,000,000 · Us Bank NA
—
—
Kb Properties LLC
—
Loan Modification
related
$1,200,000 · Star Bk
—
—
Kb Properties LLC
—
Loan Modification
related
—
—
—
Kb Properties LLC
—
Loan Modification
related
$1,300,000 · Star Bk
—
—
Kb Properties LLC
—
Loan Modification
related
$400,000 · Star 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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