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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Office buildings
14551 County Rd 11 Burnsville, MN 55337-4735
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-3237667
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
CONCRETE
Total area
19,796 SF
Lot
2.06 ac (89,734 SF)
Zoning code
R
APN
02-02900-71-011
UPID
US46-3237667
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.81M
Owner & transaction history
Jacs 14551 County Road 11 LLC · 8 yrs held
Jacs 14551 County Road 11 LLC
since 2018
7 recorded transactions
Zoning & alternative use
R · Burnsville, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.8M
+24.5%
Industrial (general)
$2.3M
+1.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,265,000
Current use
RETAIL STORES
$2,820,000
Change: +25% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,290,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,815,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10%
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
$91 / 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
$36,324
Tax year 2023
Assessed value
$1,275,600
Assessed 2022
Previous assessed
$1,275,600
+0.0% YoY
Effective rate
2.85%
On assessed value
Assessed land
$625,900
Assessed improvement
$649,700
Land market value
$625,900
Improvement market value
$649,700
Total market value
$1,275,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
19,796 SF
Lot
2.06 ac (89,734 SF)
Zoning code
R
APN
02-02900-71-011
UPID
US46-3237667
Jurisdiction
DAKOTA
Zoning & alternative use
R · Burnsville, MN
Zoning R · permitted uses
R · Burnsville, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burnsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
RETAIL STORES
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING Current
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Jacs 14551 County Road 11 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
7225 OHMS LN STE #150, EDINA, MN 55439-2172
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Oct 22, 2021
—
Jacs 14551 County Road 11 LLC
—
Deed
related
$3,590,600 · Frandsen Bank & Trust
Oct 18, 2021
—
Jacs 14551 County Road 11 LLC
—
Deed
related
$3,590,600 · Frandsen Bank & Trust
May 2, 2019
—
Jacs 14551 County Road 71 LLC
—
Trustees Deed
related
$3,625,000 · Wells Fargo Bk
Jan 8, 2018
$1,195,000
Jacs 14551 County Road 11 LLC
County Road 11 Ptshp LLC
Grant Deed
—
Jan 5, 2018
$1,195,000
Jacs 14551 County Road 11 LLC
County Road 11 Ptshp LLC
Grant Deed
—
Jun 15, 2006
$1,445,172
County Road 11 Ptshp LLC
Summit Real Estate LLP
Warranty Deed
—
Dec 20, 2005
$1,168,909
Skoog Properties I LLC
Sheriff Of Dakota County
Trustees Deed
—
—
—
County Road 11 Ptshp LLC
—
Deed Of Trust
related
$1,470,000 · Park Midway 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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