New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Commercial real estate
116 Broadway S St, Jordan, MN 55352-1506
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0495362
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Total area
3,779 SF
Lot
0.31 ac (13,504 SF)
APN
22-002081-0
UPID
US46-0495362
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
-
Broadway Market Grocery & Convenience Store
-
Shell Car Wash
-
Byte Federal Bitcoin ATM (Broadway Market) Crypto Atm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Ssm Real Estate LLC · 4 yrs held
Ssm Real Estate LLC
since 2022
Last sale
$1.6M
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 Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jordan 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
$1,495,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.60M (Apr 6 2022)
Last sale anchor
$1.60M
Apr 6 2022
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
$421 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,512
Tax year 2024
Assessed value
$1,106,300
Assessed 2024
Previous assessed
$1,005,700
+10.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$130,700
Assessed improvement
$975,600
Land market value
$130,700
Improvement market value
$975,600
Total market value
$1,106,300
Applied tax rate
1,701.0000
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
2000
Heating
NONE
Bathrooms
2
Total area
3,779 SF
Lot
0.31 ac (13,504 SF)
APN
22-002081-0
UPID
US46-0495362
Jurisdiction
SCOTT
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
Year built
2000
Heating
NONE
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Ssm Real Estate LLC
Entity
Mailing address
116 BROADWAY ST S, JORDAN, MN 55352-1506
Ownership since
2022
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
Apr 6, 2022
$1,600,000
Ssm Real Estate LLC
D & D Marketing INC
Warranty Deed
$707,500 · Old National Bank
Dec 4, 2018
—
D & D Marketing INC
—
Deed
related
$350,000 · Old National Bank
Jun 1, 2018
—
D & D Marketing INC
—
Deed
related
$250,000 · Klein Bk
Oct 14, 2005
$267,448
D & D Marketing INC
Propellant Marketing Group INC
Warranty Deed
—
—
—
D & D Marketing INC
—
Deed Of Trust
related
$275,000 · Klein Bk
—
—
D & D Marketing INC
—
Loan Modification
related
$445,000 · Klein Bk
—
—
D & D Marketing INC
—
Loan Modification
related
$250,000 · Klein 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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