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Property profile & analytics
OFF-MARKET
Estimated value
$3,685,000
Showrooms
1090 Gemini Rd, Eagan, MN 55121-2205
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US46-0637544
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
CONCRETE
Total area
47,862 SF
Lot
3.1 ac (135,036 SF)
APN
10-28975-01-010
UPID
US46-0637544
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
$4.20M
Blend (final)
Blend
$3.69M
Owner & transaction history
Becken Family Properties LLC · 7 yrs held
Becken Family Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.5M
+52.2%
Office building
$5.2M
+44.6%
Retail stores
$4.9M
+35.0%
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 Eagan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagan 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
COMMERCIAL (GENERAL)
$3,625,000
Current use
WAREHOUSE, STORAGE
$5,515,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$5,240,000
Change: +45% · Conversion: Easy
RETAIL STORES
$4,895,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$3.69M
Range $3.32M – $4.05M · ±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
$77 / 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
$114,384
Tax year 2023
Assessed value
$3,990,800
Assessed 2022
Previous assessed
$3,523,000
+13.3% YoY
Effective rate
2.87%
On assessed value
Assessed land
$607,500
Assessed improvement
$3,383,300
Land market value
$607,500
Improvement market value
$3,383,300
Total market value
$3,990,800
Applied tax rate
10.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Bathrooms
3
Total area
47,862 SF
Lot
3.1 ac (135,036 SF)
APN
10-28975-01-010
UPID
US46-0637544
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.2M
RETAIL STORES
Est. value
$4.9M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1987
Construction
CONCRETE
Heating
NONE
Bathrooms
3
Lot
3.1 ac
Current owner
From public records · entity-resolved
Becken Family Properties LLC
Entity
Mailing address
2025 CTR POINTE BLVD STE #300, MENDOTA HEIGHTS, MN 55120-1259
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2020
—
Becken Family Properties LLC
—
Deed
related
$3,124,433 · Bremer Bk
Jan 8, 2019
—
Becken Family Properties LLC
—
Deed
related
$505,000 · Bremer Bk
Aug 9, 2018
$3,525,000
Becken Family Properties LLC
James Campbell Co LLC
Grant Deed
$2,768,000 · Bremer Bk
Aug 3, 2012
$2,690,000
Jcc Minnesota Portfolio LLC
Tr Gemini Road Corp
Grant Deed
$2,690,000 · James Campbell Co LLC
Jul 22, 2009
$500
Tr Gemini Road Corp
Teachers Retirement System Of St
Grant Deed
related
—
—
—
Becken Family Properties LLC
—
Loan Modification
related
$505,000 · Bremer Bk
—
—
Becken Family Properties LLC
—
Loan Modification, Consolidation And Extension
related
$3,124,433 · Bremer 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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