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Property profile & analytics
OFF-MARKET
Industrial properties
1250 Park Rd 1270 Chanhassen, MN 55317-9260
Entity Owned
9-yr Hold
Free & Clear
Property ID
US46-1146638
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.59 ac (25,700 SF)
APN
25-1900230
UPID
US46-1146638
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
-
Jazzercise Chanhassen Gym & Fitness Center
-
TeamWerk MN Training Center
-
Velocity Dance and Theater Training Center
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
Mf Chanhassen I Owner LLC · 9 yrs held
Mf Chanhassen I Owner LLC
since 2017
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 Chanhassen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chanhassen 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,134
Tax year 2024
Assessed value
$154,200
Assessed 2024
Previous assessed
$108,000
+42.8% YoY
Effective rate
2.03%
On assessed value
Assessed land
$154,200
Land market value
$154,200
Total market value
$154,200
Applied tax rate
112.0000
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
Off-Market
Heating
NONE
Lot
0.59 ac (25,700 SF)
APN
25-1900230
UPID
US46-1146638
Jurisdiction
CARVER
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
0.59 ac
Current owner
From public records · entity-resolved
Mf Chanhassen I Owner LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6495 CITY W PKWY, EDEN PRAIRIE, MN 55344-3246
Ownership since
2017
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
Oct 3, 2018
—
Chanhassen Lks Busn Pk 3 LLP
—
Deed
related
$2,025,000 · Miscellaneous Ins Co
Aug 2, 2017
—
Mf Portfolio Parent LLC
—
Grant Deed
related
$1,406,400 · Wells Fargo Bk
Apr 11, 2017
$1,700,000
Mf Chanhassen I Owner LLC
Mf Chanhassen I Owner LLC
Warranty Deed
related
—
Oct 27, 2008
$906,228
Core Minneapolis Indl Portfol
Core Minneapolis Industrial Po
Grant Deed
—
Oct 13, 2005
$6,865,585
Firstcal Industrial
Duke Realty LP
Grant Deed
—
—
—
Chanhassen Lks Busn Pk 3 LLP
—
Loan Modification
related
$2,025,000 · Miscellaneous Ins Co
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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