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Property profile & analytics
OFF-MARKET
Estimated value
$9,115,000
Industrial properties
11400 73rd N Ave, Maple Grove, MN 55369-5561
Entity Owned
~
Est. High Equity
Property ID
US46-0519439
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Construction
CONCRETE BLOCKS
Total area
60,369 SF
Lot
5.15 ac (224,334 SF)
APN
26-119-22-14-0002
UPID
US46-0519439
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
$8.77M
CAP Approach
CAP
$10.09M
Comparable Approach
Comparable
$8.50M
Blend (final)
Blend
$9.12M
Owner & transaction history
Bpl Ss2 LLC
Bpl Ss2 LLC
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.5M
+53.4%
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 Maple Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Grove 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
$8,765,000
CAP Approach
CAP Return
Estimation
6%
$10,930,000
6.5%
$10,090,000
7%
$9,370,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,870,000
Current use
COMMERCIAL (GENERAL)
$10,540,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$9.12M
Range $8.20M – $10.03M · ±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
$151 / 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
$224,030
Tax year 2023
Assessed value
$7,594,600
Assessed 2023
Previous assessed
$5,778,000
+31.4% YoY
Effective rate
2.95%
On assessed value
Assessed land
$1,281,000
Assessed improvement
$6,313,600
Land market value
$1,281,000
Improvement market value
$6,313,600
Total market value
$7,594,600
Applied tax rate
279.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
NONE
Stories
1
Total area
60,369 SF
Lot
5.15 ac (224,334 SF)
APN
26-119-22-14-0002
UPID
US46-0519439
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$10.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
2000
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Lot
5.15 ac
Current owner
From public records · entity-resolved
Bpl Ss2 LLC
Entity
Mailing address
1700 N LINCOLN ST FL, DENVER, CO 80203-4500
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
Dec 31, 2025
—
Bpl Ss2 LLC
Irwin Leitgeb Trust
Deed
—
Aug 26, 2022
$13,000,000
Brian Leitgeb
Eagle IV Realty LLC
Limited Warranty Deed
$6,800,000 · Wells Fargo Bank NA
May 5, 2011
—
Eagle IV Realty LLC
—
Deed Of Trust
related
$5,000,000 · Wells Fargo Bank
Jun 13, 2002
$4,700,000
Eagle IV Realty LLC
Eagle Lake IV Properties Ptshp
Grant Deed
related
—
Jun 21, 2000
$499,500
Lake LLP Eagle IV
Landecker,helen A & Myron L
Grant Deed
$3,117,300 · Norwest Bank Minnesota
Jul 2, 1999
—
Lake Partn Eagle IV
Landecker,helen A & Myron L
Grant 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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