New search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
12 Division E St Buffalo, MN 55313-1674
Entity Owned
2-yr Hold
Free & Clear
Property ID
US46-1050129
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,020 SF
Lot
0.09 ac (3,790 SF)
APN
103-010-095092
UPID
US46-1050129
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
-
Scott Builders Inc Construction Company General Contractor
-
Janice Smith, Realtor, Edina Realty Real Estate Agency
-
Emma Loch Edina Realty Real Estate Agency
-
Amy Eben Edina Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Sds Realty Partners LLP · 2 yrs held
Sds Realty Partners LLP
since 2023
Last sale
$532,500
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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
$505,000
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$400,000
Current use
AUTO REPAIR, GARAGE
$355,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$355,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $533k (Sep 21 2023)
Last sale anchor
$533k
Sep 21 2023
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
$169 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,596
Tax year 2022
Assessed value
$295,900
Assessed 2023
Previous assessed
$295,900
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$67,900
Assessed improvement
$228,000
Land market value
$67,900
Improvement market value
$228,000
Total market value
$295,900
Applied tax rate
301.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Bathrooms
1
Total area
3,020 SF
Lot
0.09 ac (3,790 SF)
APN
103-010-095092
UPID
US46-1050129
Jurisdiction
WRIGHT
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
OFFICE BUILDING Current
Est. value
$400,000
AUTO REPAIR, GARAGE
Est. value
$355,000
RETAIL STORES
Est. value
$355,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Sds Realty Partners LLP
Entity
Free & Clear · 2 yrs held
Mailing address
3675 OAKTON RDG, HOPKINS, MN 55305-4440
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2023
$532,500
Sds Realty Partners LLP
Jjr Properties LLC
Limited Warranty Deed
—
Jul 25, 2023
$532,500
Sds Realty Partners LLP
Jjr Properties LLC
Limited Warranty Deed
$350,000 · Royal Cu
Mar 2, 2021
—
Jjr Properties LLC
—
Deed
related
$42,305 · Minnesota Lakes Bank
Oct 8, 2020
—
Jjr Properties LLC
—
Deed
related
—
Sep 15, 2017
—
Jjr Properties LLC
—
Deed
related
$226,077 · Minnesota Lks Bk
Aug 20, 2004
$280,000
Jjr Properties LLC
Carlson,robert S & Sheila
Quit Claim Deed
related
—
—
—
Jjr Properties LLC
—
Deed Of Trust
related
$115,000 · Crow River State Bank
—
—
Jjr Properties LLC
—
Deed Of Trust
related
$163,500 · Crow River St Bk
—
—
Jjr Properties LLC
—
Loan Modification
related
$226,077 · Minnesota Lks Bk
—
—
Jjr Properties LLC
—
Loan Modification
related
$226,077 · Minnesota Lks Bk
—
—
Jjr Properties LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 Division E St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
