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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Commercial real estate
115 8th S St, Moorhead, MN 56560-2808
Entity Owned
Free & Clear
Property ID
US46-1136582
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
58.575.0870
UPID
US46-1136582
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
Current use
Occupant on record · Public records
-
Northland Vapor Company & CBD (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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U-Haul Neighborhood Dealer Car Rental Facility
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Wonkyweeds Department Store
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Bichler Tina M CPA Accounting Firm Tax Preparation
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Fiebiger Swanson West & Co Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Roy Zzz Real LLC
Roy Zzz Real LLC
since 2025
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Moorhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorhead 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,390
Tax year 2023
Assessed value
$500,300
Assessed 2023
Previous assessed
$500,300
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$219,000
Assessed improvement
$281,300
Land market value
$219,000
Improvement market value
$281,300
Total market value
$500,300
Applied tax rate
58.0000
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
Heating
NONE
APN
58.575.0870
UPID
US46-1136582
Jurisdiction
CLAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Roy Zzz Real LLC
Entity
Free & Clear · 0 yrs held
Mailing address
312 RIV DR S, FARGO, ND 58104-8000
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
$925,000
Roy Zzz Real LLC
Carlis Kramer
Warranty Deed
—
Jun 12, 2020
—
Carlis Kramer
—
Deed
related
$250,091 · Bremer Bk Nat'l Assn
Jun 5, 2019
—
Carlis Kramer
—
Deed
related
—
May 16, 2019
—
8th & Main LLC
—
Loan Modification
related
$4,805,247 · Blackridgebank
Sep 12, 2018
$560,000
Carlis Kramer
518 Properties LLC
Warranty Deed
$370,000 · Bremer Bank NA
Mar 16, 2017
$430,000
518 Properties LLC
Professional Investors LLP
Warranty Deed
$332,000 · First Community Cu
—
—
Carlis Kramer
—
Loan Modification
related
—
—
—
Professional Investors LLP
—
Loan Modification
related
—
—
—
Carlis Kramer
—
Loan Modification
related
$250,091 · Bremer Bk Nat'l Assn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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