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Property profile & analytics
OFF-MARKET
Commercial real estate
1313 Main Ave, Moorhead, MN 56560-2905
Entity Owned
~
Est. High Equity
Property ID
US46-0707424
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
58.847.0360
UPID
US46-0707424
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
-
Ray's Certified Auto Repair Auto Repair Shop
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
Cge Real Estate LLC
Cge Real Estate LLC
since 2025
Last sale
$420,000
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 Moorhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorhead 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
$6,028
Tax year 2023
Assessed value
$311,400
Assessed 2023
Previous assessed
$311,400
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$175,700
Assessed improvement
$135,700
Land market value
$175,700
Improvement market value
$135,700
Total market value
$311,400
Applied tax rate
58.0000
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
Heating
NONE
APN
58.847.0360
UPID
US46-0707424
Jurisdiction
CLAY
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
Current owner
From public records · entity-resolved
Cge Real Estate LLC
Entity
Mailing address
1313 MAIN AVE, MOORHEAD, MN 56560-2905
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
$420,000
Cge Real Estate LLC
Ma & Paas LLC
Warranty Deed
$330,000 · Bell Bank
Oct 24, 2024
—
Agassiz Rentals LLC
Agassiz Builders LLC
Quitclaim Deed
related
$400,000 · American Federal Bank
Sep 16, 2024
—
Agassiz Builders LLC
—
Deed
related
$2,900,000 · American Federal Bank
May 16, 2024
$720,000
Rich Novak
Agassiz Builders LLC
Warranty Deed
$200,000 · Town & Country Cu
Jan 9, 2023
$420,000
Ma & Pas LLC
Cge Real Estate LLC
Contract Sale
—
Apr 19, 2017
—
Ma & Pas LLC
—
Deed
related
$130,977 · Valley Premier Bk
Oct 5, 2009
$220,000
Ma & Pas LLC
Gilbertson,alfred D & Dianne
Warranty Deed
$253,400 · State Bank
Jan 12, 2007
$500
Jeffrey Gilbertson
Kar-du INC
Quit Claim Deed
related
—
—
—
Ma & Pas LLC
—
Deed Of Trust
related
$227,581 · State Bank Of Hawley/moorhead
—
—
Ma & Pas LLC
—
Loan Modification
related
$130,977 · Valley Premier Bk
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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