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Property profile & analytics
OFF-MARKET
Flex space
1404 7th NW St Faribault, MN 55021-4729
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-2844154
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1966
Total area
2,665 SF
Lot
0.84 ac (36,503 SF)
APN
18.25.4.50.020
UPID
US46-2844154
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
-
Comprehensive Wealth Solutions: Cook Jake Financial Advisor
-
RJR Faribo Insurance Agency Insurance Agency
-
Crystal Clear Water Conditioning Home Appliance Store Hardware & Home Improvement
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
Eleanor Holdings LLC · 1 yrs held
Eleanor Holdings LLC
since 2025
Last sale
$1.0M
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 Faribault submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Faribault 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 2024Property tax & assessments
Tax year 2024
Tax billed
$17,846
Tax year 2024
Assessed value
$704,500
Assessed 2024
Previous assessed
$704,500
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$221,600
Assessed improvement
$482,900
Land market value
$221,600
Improvement market value
$482,900
Total market value
$704,500
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1966
Heating
NONE
Buildings
4
Stories
1
Total area
2,665 SF
Lot
0.84 ac (36,503 SF)
APN
18.25.4.50.020
UPID
US46-2844154
Jurisdiction
RICE
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
1966
Heating
NONE
Stories
1
Buildings
4
Lot
0.84 ac
Current owner
From public records · entity-resolved
Eleanor Holdings LLC
Entity
Mailing address
10050 CROSSTOWN CIR STE #105, EDEN PRAIRIE, MN 55344-3349
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2025
$1,000,000
Eleanor Holdings LLC
Rsw LLC
Warranty Deed
$800,000 · Reliance Bank
Jan 11, 2023
$1,000,000
Eleanor Holdings LLC
Rsw LLC
Contract Sale
—
Dec 4, 2020
—
Rs W LLC
—
Deed
related
$40,229 · 1st United Bk NA
Apr 26, 2017
—
Rsw LLC
—
Deed
related
$81,500 · First United Bk
Nov 1, 2016
—
R S W LLC
—
Deed
related
—
—
—
R S W LLC
—
Loan Modification
related
$359,198 · First United Bk
—
—
R S W LLC
—
Loan Modification
related
$45,453 · First United Bk
—
—
R S W LLC
—
Loan Modification
related
—
—
—
R S W LLC
—
Deed Of Trust
related
$800,000 · First United Bk
—
—
Rsw LLC
—
Deed Of Trust
related
$81,500 · First United Bk
—
—
R S W LLC
—
Loan Modification
related
$639,469 · 1st United Bk NA
—
—
Rs W LLC
—
Loan Modification
related
$40,229 · 1st United Bk NA
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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