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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Commercial real estate
1099 Helmo N Ave Oakdale, MN 55128-6033
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-1099820
Property summary
AI-generated overview
This exceptional two-story medical office building, located at 1099 Helmo Ave N in Oakdale, Minnesota, offers a variety of suite sizes perfect for medical practices of all sizes. Built in 2004, this Class B property boasts a total of 28,727 square feet situated on a 2.26-acre lot (98,446 square feet). The building features convenient amenities including elevators. Currently, there are 6,151 square feet of vacant space available, divisible into units ranging from a minimum of 1,015 square feet to a maximum contiguous space of 3,861 square feet. Multiple tenancy options are available to accommodate various practice needs. The property is located in the MN - Northeast submarket of Washington County, offering easy access for patients and staff. This is an excellent opportunity to establish or expand your medical practice in a well-maintained and conveniently located building. The property's address is 1099 Helmo Ave N, Oakdale, MN 55128. Inquire today to learn more about leasing opportunities.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
30,073 SF
Lot
2.26 ac (98,620 SF)
APN
29-029-21-43-0014
UPID
US46-1099820
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
$4.27M
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$3.60M
Owner & transaction history
Oakdale Healthcare Investors LLC · 1 yrs held
Oakdale Healthcare Investors LLC
since 2024
Last sale
$4.9M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.0M
+121.6%
Medical building
$4.4M
+94.6%
Warehouse, storage
$3.5M
+52.2%
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 Oakdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakdale 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%
$4,625,000
6.5%
$4,270,000
7%
$3,965,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,275,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,045,000
Change: +122% · Conversion: Difficult
MEDICAL BUILDING
$4,430,000
Change: +95% · Conversion: Easy
WAREHOUSE, STORAGE
$3,465,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$3,290,000
Change: +45% · Conversion: Easy
RETAIL STORES
$3,075,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±10% · vs last sale $4.90M (May 19 2024)
Last sale anchor
$4.90M
May 19 2024
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
$120 / 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
$134,262
Tax year 2023
Assessed value
$4,500,000
Assessed 2022
Previous assessed
$4,500,000
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$986,000
Assessed improvement
$3,514,000
Land market value
$986,000
Improvement market value
$3,514,000
Total market value
$4,500,000
Applied tax rate
6,401.0000
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
Off-Market
Year built
2004
Heating
NONE
Buildings
1
Total area
30,073 SF
Lot
2.26 ac (98,620 SF)
APN
29-029-21-43-0014
UPID
US46-1099820
Jurisdiction
WASHINGTON
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
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.3M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2004
Heating
NONE
Buildings
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Oakdale Healthcare Investors LLC
Entity
Mailing address
1215 TOWN CTR DR STE #130, EAGAN, MN 55123-2660
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
$4,900,000
Oakdale Healthcare Investors LLC
Oakcrest Professional Building LLC
Limited Warranty Deed
$4,000,000 · Alerus Financial NA
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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