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Property profile & analytics
OFF-MARKET
Turn key restaurants
14068 Bank St, Becker, MN 55308-8865
Individually Owned
7-yr Hold
Free & Clear
Property ID
US46-0037218
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1990
Total area
3,094 SF
Lot
1 ac (43,560 SF)
APN
60-435-0120
UPID
US46-0037218
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
-
Los Ortizes Mexican Restaurant Restaurant
-
Anika Athman Counselor Practitioner Service Location
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
Luis A O Borbotillo · 7 yrs held
Luis A O Borbotillo
since 2019
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 Becker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Becker 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
$9,822
Tax year 2023
Assessed value
$404,600
Assessed 2023
Previous assessed
$389,100
+4.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$142,000
Assessed improvement
$262,600
Land market value
$142,000
Improvement market value
$262,600
Total market value
$404,600
Applied tax rate
60.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Buildings
2
Total area
3,094 SF
Lot
1 ac (43,560 SF)
APN
60-435-0120
UPID
US46-0037218
Jurisdiction
SHERBURNE
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
1990
Heating
FORCED AIR
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Luis A O Borbotillo
Individual
Free & Clear · 7 yrs held
Mailing address
14068 BANK ST, BECKER, MN 55308-8865
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Dec 9, 2022
—
Luis A Ortiz
—
Deed
related
$76,261 · Sherburne State Bank
Jul 5, 2019
—
Heidi N Ortiz
—
Deed
related
$325,000 · Sherburne State Bank
May 23, 2019
$500
Luis A O Borbotillo
Jre Ents LLC
Correction Deed
—
Mar 25, 2019
$322,000
Luis A Ortiz Borbotillo
Jre Enterprises LLC
Warranty Deed
$181,000 · State Bank
Apr 5, 2017
$322,000
Luis Ortiz
Jre Ents LLC
Dual Purpose Document
related
$257,600 · Jre Ents LLC
Mar 1, 2017
—
Jre Ents LLC
—
Deed
related
$295,000 · Sherburne St Bk
Mar 17, 2016
$294,909
Jre Enterprises LLC
Sherburne State Bank
Warranty Deed
$295,000 · Sherburne State Bank
Jun 3, 2010
$579,000
Dennis Steele
Murphy,joseph P & Suzenne M
Grant Deed
—
May 15, 2009
$415,000
Joseph P Murphy
Sherburne State Bank
Warranty Deed
$426,951 · Sherburne State Bank
Apr 3, 2009
$500
Sherburne State Bank
S & T Properties LLC
Deed In Lieu Of Foreclosure
related
—
May 23, 2005
$425,000
S & T Properties LLC
Giacomino,david & Lora
Warranty Deed
—
—
—
Jre Ents LLC
—
Loan Modification
related
$295,000 · Sherburne St 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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