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Property profile & analytics
OFF-MARKET
Medical Office Space
123 Lafayette SW Ave, Eyota, MN 55934-6507
Entity Owned
4-yr Hold
Property ID
US46-1182529
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1934
Construction
WOOD
Total area
2,044 SF
Lot
0.16 ac (7,013 SF)
APN
62.14.21.028173
UPID
US46-1182529
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
-
Eyota Chiropractic Alternative Medicine Practice
-
Dr. Mark Westphal Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Premier Chiropractic LLC · 4 yrs held
Premier Chiropractic LLC
since 2022
Last sale
$102,500
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 Eyota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eyota 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,776
Tax year 2023
Assessed value
$120,700
Assessed 2021
Previous assessed
$120,700
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$15,000
Assessed improvement
$105,700
Land market value
$15,000
Improvement market value
$105,700
Total market value
$120,700
Applied tax rate
2,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1934
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
2,044 SF
Lot
0.16 ac (7,013 SF)
APN
62.14.21.028173
UPID
US46-1182529
Jurisdiction
OLMSTED
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
1934
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Premier Chiropractic LLC
Entity
Mailing address
123 LAFAYETTE AVE SW, EYOTA, MN 55934-6507
Mailing matches property
Yes
Owner-occupied
Yes
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
Jan 18, 2022
—
Premier Chiropractic LLC
Lanny Westphal
Quit Claim Deed
related
$76,018 · Merchants Bank NA
Apr 11, 2019
$102,500
Lanny Westphal
Taylor Wait
Warranty Deed
$82,000 · State Bank Financial
Apr 25, 2017
$93,500
Melissa A Tumbleson
Sierra K Dittrich
Warranty Deed
$91,805 · Phh Home Loans LLC
Mar 12, 2015
$33,000
Sierra K Dittrich
Fannie Mae
Special Warranty Deed
—
Jun 3, 2014
—
Federal National Mortgage Associati
Colonial Savings Fa
Special Warranty Deed
—
Jan 10, 2013
—
Lawrence L Petit
Ann C Seebach
Quit Claim Deed
related
$168,000 · Primelending
Dec 9, 2005
—
Lawrence L Petit
Peoples State Bank Of Plainview
Quit Claim Deed
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.
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