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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Industrial properties
1350 Budd Ave, Maple Plain, MN 55359-9366
Entity Owned
3-yr Hold
Free & Clear
Property ID
US46-0529983
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1974
Construction
CONCRETE BLOCKS
Lot
3 ac (130,680 SF)
APN
25-118-24-13-0004
UPID
US46-0529983
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
-
Minnetonka Micro General Contractor Construction Company
-
Crius Corp General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Budd Cliff LLC · 3 yrs held
Budd Cliff LLC
since 2022
Last sale
$1.8M
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 Maple Plain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Plain 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
$1,720,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Sep 8 2022)
Last sale anchor
$1.75M
Sep 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
—
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
$50,785
Tax year 2023
Assessed value
$1,760,000
Assessed 2023
Previous assessed
$1,500,000
+17.3% YoY
Effective rate
2.89%
On assessed value
Assessed land
$523,000
Assessed improvement
$1,237,000
Land market value
$523,000
Improvement market value
$1,237,000
Total market value
$1,760,000
Applied tax rate
278.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1974
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
AC.PACKAGE
Lot
3 ac (130,680 SF)
APN
25-118-24-13-0004
UPID
US46-0529983
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
1974
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Lot
3 ac
Current owner
From public records · entity-resolved
Budd Cliff LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2350 W WAYZATA BLVD, LONG LAKE, MN 55356-9612
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$1,750,000
Budd Cliff LLC
Cp Maple Plain LLC
Warranty Deed
—
Nov 10, 2021
$850,000
Cp Maplke Plain LLC
Prescient Capital Partners Ltd
Quit Claim Deed
related
$7,850,000 · Trustone Financial Cu
Apr 6, 2021
$1,350,000
Prescient Capital Partners Ltd
1350 Budd LLC
Sheriffs Deed
related
—
Apr 24, 2020
—
Prescient Cap Ptrs Ltd
1350 Budd LLC
Warranty Deed
related
—
Jun 25, 2019
$864,309
5130 Industrial Street LLC
Sheriffhennepincounty
Grant Deed
—
Jun 25, 2019
$500
1350 Budd LLC
130 Industrial LLC
Warranty Deed
related
$1,100,000 · Other Institutional Lenders
Dec 26, 2018
$796,155
Ml-cfc 2007-7 Indl Street LLC
Sheriff Of Hennepin County|5130 Industrial Street
Trustees Deed
—
Dec 26, 2018
$4,569,822
Ml-cfc 2007-7 Indl Street LLC
Sheriff Of Hennepin County|5130 Industrial Street
Trustees 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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