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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
1080 County Rd Ew, Shoreview, MN 55126-8067
Entity Owned
7-yr Hold
Free & Clear
Property ID
US46-0269449
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
WOOD FRAME
Total area
9,190 SF
Lot
0.7 ac (30,492 SF)
Zoning code
D
APN
35-30-23-22-0005
UPID
US46-0269449
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
by Request
Blend (final)
Blend
$935k
Owner & transaction history
1080cre LLC · 7 yrs held
1080cre LLC
since 2018
7 recorded transactions
Zoning & alternative use
D · Shoreview, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+53.3%
Medical building
$1.4M
+34.6%
Warehouse, storage
$1.1M
+5.2%
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 Shoreview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shoreview 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
OFFICE BUILDING
$1,005,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,540,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$1,355,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$1,060,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$940,000
Change: -7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$845,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$102 / 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
$24,152
Tax year 2023
Assessed value
$1,114,800
Assessed 2023
Previous assessed
$1,114,800
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$304,900
Assessed improvement
$809,900
Land market value
$304,900
Improvement market value
$809,900
Total market value
$1,114,800
Applied tax rate
621.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
CENTRAL
Total area
9,190 SF
Lot
0.7 ac (30,492 SF)
Zoning code
D
APN
35-30-23-22-0005
UPID
US46-0269449
Jurisdiction
RAMSEY
Zoning & alternative use
D · Shoreview, MN
Zoning D · permitted uses
D · Shoreview, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shoreview. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$940,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$845,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1969
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
Yes
Lot
0.7 ac
Current owner
From public records · entity-resolved
1080cre LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1387 HWY 96TH E, SAINT PAUL, MN 55110-3652
Ownership since
2018
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
Oct 2, 2025
—
Hong Phan LLC
—
Deed
related
$565,000 · 21st Century Bank
Nov 5, 2019
—
1080cre LLC
—
Deed
related
$401,124 · Wells Fargo Bk
May 8, 2019
—
Liberty Holdings LLC
—
Deed
related
$5,000,000 · Wells Fargo Bk
Nov 2, 2018
$500
1080cre LLC
Liberty Holdings LLC
Quit Claim Deed
related
—
Jan 11, 2017
—
Liberty Holdings LLC
—
Trustees Deed
related
$807,936 · Wells Fargo Bk
Oct 12, 2005
$675,800
Liberty Holdings LLC
Kantos,samuel & Joan E
Warranty Deed
related
—
—
—
Liberty Holdings LLC
—
Loan Modification
related
$5,000,000 · Wells Fargo Bk
—
—
1080cre LLC
—
Deed Of Trust
related
$401,124 · Wells Fargo Bk
—
—
1080cre LLC
—
Deed Of Trust
related
$333,000 · Minnesota Busn Fin
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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