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Property profile & analytics
OFF-MARKET
Estimated value
$14,655,000
Commercial real estate
1297 Shingle Crk Xing, Brooklyn Center, MN 55430-2835
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-0710328
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Construction
MIXED
Total area
214,824 SF
Lot
15.26 ac (664,726 SF)
APN
03-118-21-44-0026
UPID
US46-0710328
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.22M
Blend (final)
Blend
$14.66M
Owner & transaction history
Scannell Properties 522 LLC · 1 yrs held
Scannell Properties 522 LLC
since 2025
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 Brooklyn Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn Center 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
$14.66M
Range $13.19M – $16.12M · ±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
$68 / 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
$129,511
Tax year 2023
Assessed value
$4,000,000
Assessed 2023
Previous assessed
$4,000,000
+0.0% YoY
Effective rate
3.24%
On assessed value
Assessed land
$3,999,000
Assessed improvement
$1,000
Land market value
$3,999,000
Improvement market value
$1,000
Total market value
$4,000,000
Applied tax rate
281.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1962
Construction
MIXED
Heating
ELECTRIC
Cooling
YES
Stories
2
Total area
214,824 SF
Lot
15.26 ac (664,726 SF)
APN
03-118-21-44-0026
UPID
US46-0710328
Jurisdiction
HENNEPIN
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
1962
Construction
MIXED
Heating
ELECTRIC
Cooling
Yes
Stories
2
Lot
15.26 ac
Current owner
From public records · entity-resolved
Scannell Properties 522 LLC
Entity
Mailing address
5407 TRILLIUM BLVDB120, HOFFMAN ESTATES, IL 60192-3413
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
$1,650,000
Scannell Properties 522 LLC
Tf Brooklyn Center Mn LLC
Quitclaim Deed
related
—
Dec 9, 2021
—
Tf Brooklyn Center Mn LLC
—
Deed
related
$460,000,000 · Ubs Ag Tampa Branch
Apr 29, 2019
—
Tf Brooklyn Center Mn LLC
—
Loan Modification
related
$325,000,000 · Hps Inv Ptrs LLC
Mar 28, 2019
$500
Tf Brooklyn Center Mn LLC
Sears Roebuck & Co
Quit Claim Deed
related
$325,000,000 · Jpp LLC
May 30, 2017
—
Sears Roebuck & Co
—
Deed
related
$10,920,000 · Pension Benefit Gnty
—
—
Sears Roebuck & Co
—
Deed Of Trust
related
$10,920,000 · Pension Benefit Gnty
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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