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Property profile & analytics
FOR LEASE
Industrial properties
1200 Northdale Blvd NW, Coon Rapids, MN 55448
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-0918371
For Lease
1 / 2
$6 SF/Yr
1200 Northdale Blvd NW, Coon Rapids, MN 55448
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
WOOD FRAME
Total area
97,770 SF
Lot
9.55 ac (416,041 SF)
APN
14-31-24-12-0009
UPID
US46-0918371
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
$9.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.46M
Blend (final)
Blend
$10.88M
Owner & transaction history
C Realty LLC · 3 yrs held
C Realty LLC
since 2022
Last sale
$10.8M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.8M
+62.3%
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 Coon Rapids submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coon Rapids 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
$11,460,000
ML approach
$9,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,100,000
Current use
COMMERCIAL (GENERAL)
$14,770,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$10.88M
Range $9.79M – $11.97M · ±10% · vs last sale $10.80M (Jul 11 2022)
Last sale anchor
$10.80M
Jul 11 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
$111 / 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
$273,449
Tax year 2024
Assessed value
$10,530,500
Assessed 2024
Previous assessed
$10,530,500
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$977,600
Assessed improvement
$9,552,900
Land market value
$977,600
Improvement market value
$9,552,900
Total market value
$10,530,500
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1986
Construction
WOOD FRAME
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
97,770 SF
Lot
9.55 ac (416,041 SF)
APN
14-31-24-12-0009
UPID
US46-0918371
Jurisdiction
ANOKA
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
INDUSTRIAL (GENERAL) Current
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$14.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1986
Construction
WOOD FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
9.55 ac
Current owner
From public records · entity-resolved
C Realty LLC
Entity
Mailing address
965 SPENCERVILLE RD, DELPHOS, OH 45833-2351
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2023
—
C Realty LLC
—
Deed
related
$7,500,000 · First Financial Bank
Jul 11, 2022
$10,800,000
C Realty LLC
Mt Real Estate LLC
Warranty Deed
$8,640,000 · First Financial Bank
Nov 7, 2019
—
Mt Real Estate LLC
—
Deed
related
$2,500,000 · Comerica Bk
May 22, 2014
$5,466,078
Mt Real Estate LLC
Woolston Family Limited Partnership
Warranty Deed
$9,300,000 · Comerica Bank
—
—
Woolston Family LP
—
Deed Of Trust
related
$4,700,000 · Associated Bank
—
—
Mt Real Estate LLC
—
Loan Modification
related
$2,500,000 · Comerica 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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