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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Retail space
1200 Hwy 13th E, Burnsville, MN 55337-2911
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US46-1965660
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
CONCRETE
Total area
32,415 SF
Lot
4.41 ac (192,214 SF)
APN
02-77400-01-010
UPID
US46-1965660
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
-
Town & Country Trailer Sales, Division of Tri-State Bobcat Car Dealership
-
Tri-State Bobcat - Burnsville Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$2.23M
Owner & transaction history
Quirks 1200 East Highway 13 L · 12 yrs held
Quirks 1200 East Highway 13 L
since 2013
6 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 Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±10%
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
$69 / 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
$47,710
Tax year 2023
Assessed value
$1,690,200
Assessed 2022
Previous assessed
$1,690,200
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,095,600
Assessed improvement
$594,600
Land market value
$1,095,600
Improvement market value
$594,600
Total market value
$1,690,200
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Total area
32,415 SF
Lot
4.41 ac (192,214 SF)
APN
02-77400-01-010
UPID
US46-1965660
Jurisdiction
DAKOTA
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
1968
Construction
CONCRETE
Heating
NONE
Lot
4.41 ac
Current owner
From public records · entity-resolved
Quirks 1200 East Highway 13 L
Individual
Mailing address
1200 HWY 13TH E, BURNSVILLE, MN 55337-2911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Dec 30, 2013
$1,610,000
Quirks 1200 East Highway 13 L
Security St Bk
Grant Deed
$1,446,000 · Security St Bk/lubbock Tx
Oct 11, 2010
$1,680,900
Ross Inv Props Of Burnsville LLC
Commercial Bk Of Mn
Grant Deed
—
Jul 6, 2010
—
Commercial Bk Of Mn
Hatten,robert A & Kimberly C A
Deed In Lieu Of Foreclosure
related
—
Jul 20, 2004
—
Hatten,robert A & Kimberly C A
—
Trustees Deed
related
$1,800,000 · Americana Cmnty Bk
—
—
Hatten,robert A & Kimberly C A
—
Deed Of Trust
related
$750,000 · Heron Lake State Bank
—
—
Hatten,robert A & Kimberly C A
—
Deed Of Trust
related
$1,450,000 · Heron Lake State Bank
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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