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Property profile & analytics
OFF-MARKET
Commercial real estate
12767 Fremont Ave, Zimmerman, MN 55398-9407
Entity Owned
~
Est. High Equity
Property ID
US46-1029471
Property summary
AI-generated overview
This exceptional 1,325 square foot commercial building at 12767 Fremont Avenue in Zimmerman, Minnesota presents a rare investment opportunity. Situated on a 0.17-acre lot, this property boasts a highly desirable location just half a mile west of Highway 169, and a mere block from local schools and businesses. Its strategic corner placement at the intersection of County Road 4 (Fremont Avenue) and County Road 45 (128th Street NW) ensures maximum visibility and exposure to local traffic. The building is currently zoned commercial, offering immediate potential for a variety of business ventures. However, its adaptability extends beyond its current use
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
FRAME
Total area
984 SF
Lot
0.17 ac (7,405 SF)
APN
95-409-0415
UPID
US46-1029471
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
-
ZoChic Boutique Clothing Store
-
Rosie's Attic Room (Bike/Boat/Book/etc) Store
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
Little Spoon Industries LLC
Little Spoon Industries LLC
since 2025
Last sale
$175,000
4 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 Zimmerman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zimmerman 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
$1,246
Tax year 2023
Assessed value
$106,600
Assessed 2023
Previous assessed
$68,600
+55.4% YoY
Effective rate
1.17%
On assessed value
Assessed land
$38,900
Assessed improvement
$67,700
Land market value
$38,900
Improvement market value
$67,700
Total market value
$106,600
Applied tax rate
95.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Stories
2
Bathrooms
1
Total area
984 SF
Lot
0.17 ac (7,405 SF)
APN
95-409-0415
UPID
US46-1029471
Jurisdiction
SHERBURNE
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
1930
Construction
FRAME
Heating
HOT WATER
Stories
2
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Little Spoon Industries LLC
Entity
Mailing address
26475 QUAGGA ST NW, ZIMMERMAN, MN 55398-4066
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
$214,900
Little Spoon Industries LLC
Freedom Room LLC
Warranty Deed
$203,900 · First Bank & Trust
Nov 9, 2022
$175,000
Freedom Room LLC
Jonathan Clover
Warranty Deed
$187,200 · First Bank & Trust
Aug 2, 2018
$91,000
Jonathan Clover
Kragt,cindy & Gene
Warranty Deed
$69,600 · Bank Of Elk River
Apr 4, 2017
$45,000
Gene Kragt
Leonard,eric L & Jill
Warranty Deed
—
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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