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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Investment properties
1148 7th W St, Saint Paul, MN 55102-3914
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0537929
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1882
Construction
WOOD FRAME
Total area
4,308 SF
Lot
0.04 ac (1,830 SF)
Zoning code
L
APN
11-28-23-41-0098
UPID
US46-0537929
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
$855k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$855k
Owner & transaction history
Dadders Estates LLC · 6 yrs held
Dadders Estates LLC
since 2020
Last sale
$865,000
6 recorded transactions
Zoning & alternative use
L · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$875,000
+167.7%
Neighborhood: shopping center
$725,000
+121.6%
Medical building
$635,000
+94.6%
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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
$835,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$700,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$875,000
Change: +168% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: +122% · Conversion: Difficult
MEDICAL BUILDING
$635,000
Change: +95% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $865k (Feb 4 2020)
Last sale anchor
$865k
Feb 4 2020
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
$198 / 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
$7,632
Tax year 2023
Assessed value
$392,200
Assessed 2023
Previous assessed
$331,800
+18.2% YoY
Effective rate
1.95%
On assessed value
Assessed land
$27,800
Assessed improvement
$364,400
Land market value
$27,800
Improvement market value
$364,400
Total market value
$392,200
Applied tax rate
625.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1882
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Units
1
Total area
4,308 SF
Lot
0.04 ac (1,830 SF)
Zoning code
L
APN
11-28-23-41-0098
UPID
US46-0537929
Jurisdiction
RAMSEY
Zoning & alternative use
L · Saint Paul, MN
Zoning L · permitted uses
L · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
MEDICAL BUILDING
Est. value
$635,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1882
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Dadders Estates LLC
Entity
Free & Clear · 6 yrs held
Mailing address
351 KELLOGG BLVD E, SAINT PAUL, MN 55101-1411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jan 9, 2025
—
Dadders Estates LLC
—
Deed
related
$295,000 · Citizens State Bank
Feb 19, 2020
$500
Dadders Estates LLC
Lte 1900 LLC
Quit Claim Deed
related
—
Feb 4, 2020
$865,000
Lte 1900 LLC
West 7th Street Holdings LLC
Grant Deed
$648,500 · Lake Cmnty Bk
Dec 31, 2018
$259,200
West 7th Street Holdings LLC
August Ventures LLC
Grant Deed
related
$264,000 · Bell Bk
Nov 19, 2018
$360,000
Liora Homes LLC
Professional R/e Mgmt LLC
Warranty Deed
—
Nov 24, 2015
$195,000
August Ventures LLC
Mateyka,paul J SR
Warranty Deed
$240,000 · Bridgewater 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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