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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Grocery and convenience stores
1301 Southview Blvd, South Saint Paul, MN 55075-2244
Entity Owned
3-yr Hold
Free & Clear
Property ID
US46-2208533
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1959
Construction
STEEL FRAME
Total area
1,421 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R
APN
36-83900-10-030
UPID
US46-2208533
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
-
KAPOSIA CENTER 2 Gas Station
-
Pet Fresh Dog Wash Grooming Salon Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Linn Property Development LLC · 3 yrs held
Linn Property Development LLC
since 2022
Last sale
$535,800
5 recorded transactions
Zoning & alternative use
R · South Saint Paul, MN
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 South Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Saint Paul 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
$475,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $536k (Aug 8 2022)
Last sale anchor
$536k
Aug 8 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
$359 / 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
$6,704
Tax year 2023
Assessed value
$256,900
Assessed 2022
Previous assessed
$256,900
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$94,500
Assessed improvement
$162,400
Land market value
$94,500
Improvement market value
$162,400
Total market value
$256,900
Applied tax rate
36.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1959
Construction
STEEL FRAME
Heating
NONE
Bathrooms
2
Total area
1,421 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R
APN
36-83900-10-030
UPID
US46-2208533
Jurisdiction
DAKOTA
Zoning & alternative use
R · South Saint Paul, MN
Zoning R · permitted uses
R · South Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
STEEL FRAME
Heating
NONE
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Linn Property Development LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7616 CURRELL BLVD STE #245, WOODBURY, MN 55125-2295
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
—
Linn Property Development LLC
—
Deed
related
$1,381,000 · Merchants Bank NA
Aug 8, 2022
—
Linn Property Development LLC
Linn Diversified Investments LLC
Intrafamily Transfer
related
—
Jan 7, 2022
$535,800
Linn Diversified Investments LLC
R K Green LLP
Warranty Deed
—
Jan 19, 2011
$231,000
Rk Green LLP
Twin Cities Stores INC
Quit Claim Deed
related
—
—
—
R K Green LLP
—
Deed Of Trust
related
$600,000 · Key Community Bank
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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