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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Office buildings
103 20th NE St, Stewartville, MN 55976-7915
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US46-1140290
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
4,884 SF
Lot
3.22 ac (140,133 SF)
APN
54.27.13.063616
UPID
US46-1140290
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
$1.86M
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.58M
Owner & transaction history
103 Building LLC · 5 yrs held
103 Building LLC
since 2020
Last sale
$1.7M
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 Stewartville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stewartville 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
$2,165,000
ML approach
$1,860,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10% · vs last sale $1.70M (Dec 31 2020)
Last sale anchor
$1.70M
Dec 31 2020
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
$324 / 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
$52,682
Tax year 2023
Assessed value
$1,023,000
Assessed 2021
Previous assessed
$1,023,000
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$560,500
Assessed improvement
$462,500
Land market value
$560,500
Improvement market value
$462,500
Total market value
$1,023,000
Applied tax rate
2,401.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Heating
NONE
Bathrooms
4
Total area
4,884 SF
Lot
3.22 ac (140,133 SF)
APN
54.27.13.063616
UPID
US46-1140290
Jurisdiction
OLMSTED
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
2002
Heating
NONE
Bathrooms
4
Lot
3.22 ac
Current owner
From public records · entity-resolved
103 Building LLC
Entity
Mailing address
103 20TH ST NE, STEWARTVILLE, MN 55976-7915
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
$1,700,000
103 Building LLC
Roger Engholm
Warranty Deed
$850,000 · Pine Island Bank
Sep 4, 2020
$1,700,000
103 Building LLC
Roger Engholm
Contract Sale
—
Mar 20, 2020
—
Roger W Engholm
—
Deed
related
$300,000 · Pine Island Bank
Nov 29, 2018
$1,200,000
Roger Engholm
Cusb Bank
Limited Warranty Deed
$840,000 · Pine Island Bank
Sep 20, 2018
—
Cubs Bank
Conrad D Clement
Quit Claim Deed
related
—
Jun 11, 2012
—
Tracy J Clement
Conrad D Clement
Quit Claim Deed
related
—
Nov 19, 2007
$292,054
Conrad Clement
Bco Foods INC
Sheriffs Deed
related
—
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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