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Property profile & analytics
FOR LEASE
Commercial real estate
10405 6Th Ave N, Plymouth, MN 55441
Entity Owned
1-yr Hold
Free & Clear
Property ID
US46-1091927
For Lease
1 / 2
$15 SF/Yr
10405 6Th Ave N, Plymouth, MN 55441
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
STEEL FRAME
Lot
4.67 ac (203,425 SF)
APN
36-118-22-24-0010
UPID
US46-1091927
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
$5.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.11M
Owner & transaction history
Emperor Investments LLC · 1 yrs held
Emperor Investments LLC
since 2025
Last sale
$6.7M
6 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 Plymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth 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
$5,390,000
ML approach
$5,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.11M
Range $5.50M – $6.72M · ±10% · vs last sale $6.73M (Mar 6 2025)
Last sale anchor
$6.73M
Mar 6 2025
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
—
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
$196,468
Tax year 2023
Assessed value
$7,067,000
Assessed 2023
Previous assessed
$6,232,000
+13.4% YoY
Effective rate
2.78%
On assessed value
Assessed land
$2,120,000
Assessed improvement
$4,947,000
Land market value
$2,120,000
Improvement market value
$4,947,000
Total market value
$7,067,000
Applied tax rate
270.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1990
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Lot
4.67 ac (203,425 SF)
APN
36-118-22-24-0010
UPID
US46-1091927
Jurisdiction
HENNEPIN
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
1990
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Lot
4.67 ac
Current owner
From public records · entity-resolved
Emperor Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4660 WATERTOWN RD, ORONO, MN 55359-9372
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
$6,725,000
Emperor Investments LLC
Dn Enterprises LLC
Warranty Deed
—
Feb 4, 2022
$6,500,000
Dn Enterprises LLC
Dakota Upreit Limited Partnership
Warranty Deed
$5,200,000 · Bell Bank
Dec 20, 2016
—
Dakota Upreit Limted Partnership
—
Deed
related
$9,560,250 · Hiway FCU
Nov 28, 2016
$5,725,000
Dakota Upreit LP
Cre 55 West LLC
Grant Deed
—
Sep 15, 2014
$3,250,000
Cre 55 West LLC
General Elec Cr Equities
Grant Deed
$2,730,000 · Tcf Nat'l Bk
May 22, 2012
$3,913,319
Elec Cr Equities
Deputy Sheriff Of Hennepin Cnty
Trustees 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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