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Property profile & analytics
OFF-MARKET
Office buildings
107 Paul N Ave, Cologne, MN 55322-9330
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US46-0234212
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Construction
FRAME
Total area
840 SF
Lot
0.1 ac (4,356 SF)
APN
40-0500300
UPID
US46-0234212
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
-
The Jonas Center | Cologne Foster Care Service Social Service Agency
-
Inntown Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Joy Vivian Foster Care Service Social Service Agency
-
Katherine Jonas Foster Care Service Social Service Agency
-
Nutrition Fix- healthy shakes & energy bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
James M Jonas · 21 yrs held
James M Jonas
since 2005
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 Cologne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cologne 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,094
Tax year 2024
Assessed value
$106,700
Assessed 2024
Previous assessed
$104,800
+1.8% YoY
Effective rate
1.96%
On assessed value
Assessed land
$25,400
Assessed improvement
$81,300
Land market value
$25,400
Improvement market value
$81,300
Total market value
$106,700
Applied tax rate
108.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1915
Construction
FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Rooms
4
Bathrooms
1
Total area
840 SF
Lot
0.1 ac (4,356 SF)
APN
40-0500300
UPID
US46-0234212
Jurisdiction
CARVER
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
1915
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
James M Jonas
Individual
Mailing address
15330 COUNTY RD 153, NORWOOD YOUNG AMERICA, MN 55368-9658
Ownership since
2005
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
Dec 20, 2016
—
James M Jonas
—
Deed
related
$75,000 · Klein Bk
Feb 11, 2005
$90,000
James M Jonas
Bosma,jerry D & Destiny
Grant Deed
$51,000 · First National Bank Waconia
—
—
James M Jonas
—
Deed Of Trust
related
$42,225 · Klein Bank
—
—
James M Jonas
—
Deed Of Trust
related
$10,245 · Klein Bank
—
—
James M Jonas
—
Deed Of Trust
related
$10,254 · Klein Bank
—
—
James M Jonas
—
Deed Of Trust
related
$75,000 · Klein 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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