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Property profile & analytics
OFF-MARKET
Estimated value
$9,055,000
Motels
14201 Nicollet Ave Burnsville, MN 55337-5773
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-1416854
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Total area
93,205 SF
Lot
7.09 ac (308,870 SF)
APN
02-83520-01-010
UPID
US46-1416854
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
-
Wyndham Minneapolis South/Burnsville Hotel & Motel
-
Steak and Ale Restaurant
-
Wyndham Burnsville Nicollet Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.06M
Owner & transaction history
Ybr Properties Burnsville LLC · 3 yrs held
Ybr Properties Burnsville LLC
since 2023
Last sale
$8.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$12.5M
+698.4%
Restaurant
$9.0M
+474.4%
Office building
$7.9M
+402.2%
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 Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville 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
$8,805,000
ML approach
$10,120,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,530,000
Change: +698% · Conversion: Difficult
RESTAURANT
$9,015,000
Change: +474% · Conversion: Difficult
OFFICE BUILDING
$7,880,000
Change: +402% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,415,000
Change: +309% · Conversion: Difficult
Blend value · Realmo final
$9.06M
Range $8.15M – $9.96M · ±10% · vs last sale $8.65M (May 23 2023)
Last sale anchor
$8.65M
May 23 2023
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
$97 / 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
$145,628
Tax year 2023
Assessed value
$4,943,700
Assessed 2022
Previous assessed
$4,679,500
+5.6% YoY
Effective rate
2.95%
On assessed value
Assessed land
$1,945,900
Assessed improvement
$2,997,800
Land market value
$1,945,900
Improvement market value
$2,997,800
Total market value
$4,943,700
Applied tax rate
2.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Heating
NONE
Total area
93,205 SF
Lot
7.09 ac (308,870 SF)
APN
02-83520-01-010
UPID
US46-1416854
Jurisdiction
DAKOTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$12.5M
RESTAURANT
Est. value
$9.0M
OFFICE BUILDING
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$6.4M
INDUSTRIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
7.09 ac
Current owner
From public records · entity-resolved
Ybr Properties Burnsville LLC
Entity
Mailing address
8415 E 21ST ST N STE #140, WICHITA, KS 67206-2952
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
$8,650,000
Ybr Properties Burnsville LLC
Blithe Hospitality LLC
Warranty Deed
$5,579,750 · Stride Bank NA
Feb 19, 2013
—
Blithe Hospitality LLC
—
Trustees Deed
related
$350,000 · Great River Energy
Sep 12, 2011
—
Blithe Hospitality LLC
—
Deed Of Trust
related
$1,739,000 · Spedco
Jul 16, 2010
$3,500,000
Blithe Hospitality LLC
Burnsville Devs Ltd LP
Grant Deed
$1,725,000 · Citizens State 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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