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Property profile & analytics
FOR SALE
Commercial land
11930 Business Park Blvd N, Champlin, MN 55316
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0730115
For Sale
1 / 3
$6,844,196
11930 Business Park Blvd N, Champlin, MN 55316
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.11 ac (48,352 SF)
APN
30-120-21-42-0007
UPID
US46-0730115
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
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Lb Champlin Mn Owner LLC · 1 yrs held
Lb Champlin Mn Owner LLC
since 2024
Last sale
$604,751
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 Champlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Champlin 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
$605,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $605k (Oct 17 2024)
Last sale anchor
$605k
Oct 17 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
—
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
$4,615
Tax year 2023
Assessed value
$218,000
Assessed 2023
Previous assessed
$194,000
+12.4% YoY
Effective rate
2.12%
On assessed value
Assessed land
$218,000
Land market value
$218,000
Total market value
$218,000
Applied tax rate
11.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
1.11 ac (48,352 SF)
APN
30-120-21-42-0007
UPID
US46-0730115
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
Building & site characteristics
From public records
Heating
NONE
Lot
1.11 ac
Current owner
From public records · entity-resolved
Lb Champlin Mn Owner LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10050 CROSSTOWN CIR STE #600, EDEN PRAIRIE, MN 55344-3347
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2024
$604,751
Lb Champlin Mn Owner LLC
Ctl Holdings LLC
Deed
—
Nov 9, 2018
$500
Ctl Holdings LLC
Tlh Holdings LLC
Quit Claim Deed
related
—
Oct 10, 2017
—
Tlh Holdings LLC
Target Land Holdings LLC
Quit Claim Deed
related
—
Feb 17, 2016
$311,082
Champlin Target Land LLC
Ryan Companies Us INC
Limited Warranty Deed
$233,250 · Bridgewater Bank
Jun 13, 2013
—
Ryan Companies Us INC
—
Loan Modification
related
$27,000,000 · Us Bank NA
Jan 17, 2012
—
Ryan Companies Us INC
—
Deed Of Trust
related
$47,775,497 · Us Bank NA
Apr 7, 2011
—
Ryan Companies Us INC
—
Deed Of Trust
related
$40,467,982 · Us Bank NA
Mar 12, 2010
—
Ryan Companies Us INC
—
Grant Deed
related
$45,000,000 · Us Bank NA
Apr 3, 2009
—
Ryan Companies Us INC
—
Deed Of Trust
related
$32,000,000 · Us Bk
—
—
Ryan Companies Us INC
—
Loan Modification
related
$8,573,866 · Us 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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