New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,110,000
Office buildings
14898 Energy Way, Apple Valley, MN 55124-5757
Entity Owned
20-yr Hold
Free & Clear
Property ID
US46-0296058
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
CONCRETE
Total area
67,920 SF
Lot
6.67 ac (290,545 SF)
APN
01-81101-01-010
UPID
US46-0296058
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
$5.87M
Blend (final)
Blend
$6.11M
Owner & transaction history
Valley Business Center I LLC · 20 yrs held
Valley Business Center I LLC
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.0M
+34.6%
Warehouse, storage
$7.8M
+5.2%
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
$7,435,000
Current use
MEDICAL BUILDING
$10,005,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$7,825,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$6,945,000
Change: -7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,245,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$6.11M
Range $5.50M – $6.72M · ±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
$90 / 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
Assessed value
$6,785,900
Assessed 2022
Previous assessed
$6,727,800
+0.9% YoY
Assessed land
$1,292,200
Assessed improvement
$5,493,700
Land market value
$1,292,200
Improvement market value
$5,493,700
Total market value
$6,785,900
Applied tax rate
1.0000
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
1999
Construction
CONCRETE
Heating
NONE
Bathrooms
10
Total area
67,920 SF
Lot
6.67 ac (290,545 SF)
APN
01-81101-01-010
UPID
US46-0296058
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
OFFICE BUILDING Current
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$10.0M
WAREHOUSE, STORAGE
Est. value
$7.8M
RETAIL STORES
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
OFFICE BUILDING Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
CONCRETE
Heating
NONE
Bathrooms
10
Lot
6.67 ac
Current owner
From public records · entity-resolved
Valley Business Center I LLC
Entity
Free & Clear · 20 yrs held
Mailing address
14898 ENERGY WAY #200, APPLE VALLEY, MN 55124-5757
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
—
River Valley Church Of Apple Valley
—
Deed
related
$1,966,000 · Assemblies Of God Loan Fund
Oct 29, 2021
—
River Valley Church Of Apple Valley
—
Deed
related
$1,000,000 · Assemblies Of God Loan Fund
May 31, 2018
—
Dakota Upreit LP
—
Grant Deed
related
$7,320,000 · First Wstrn Bk
Jul 5, 2017
—
River Valley Ch Of Apple Valley
—
Grant Deed
related
$9,098,500 · Assemblies/god Ln Fin
Dec 12, 2016
—
River Valley Ch Of Apple Valley
—
Deed
related
$18,523,000 · Assemblies/god Ln Fin
Mar 31, 2014
—
River Valley Ch Of Apple Valley
—
Grant Deed
related
$5,770,500 · Assemblies/god Ln Fin
Jan 20, 2011
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$6,142,900 · Assemblies Of God Fin'l Svcs
Aug 10, 2005
$102,615
Valley Business Center I LLC
Xela Properties INC
Grant Deed
—
Aug 10, 2005
$110,051
Valley Business Center I LLC
Solyntjes,ron
Grant Deed
—
Aug 10, 2005
$119,290
Valley Business Center I LLC
Geneva Exchange Fund X LLC
Grant Deed
—
Aug 10, 2005
$118,966
Valley Business Center I LLC
Carlson Catherine A Trust
Grant Deed
—
Aug 10, 2005
$307,451
Valley Business Center I LLC
Eagle4 LLC
Grant Deed
—
Aug 10, 2005
$243,860
Valley Business Center I LLC
Brecht,carol J
Grant Deed
—
Aug 10, 2005
$77,060
Valley Business Center I LLC
Mendota Caseys INC
Grant Deed
—
Aug 10, 2005
$1,605,581
River Valley Ch Of Apple Valley
Valley Business Center I LLC
Grant Deed
related
—
Jan 21, 2004
$270,822
Mary K Rose
Geneva Exchange Fund
Warranty Deed
—
Jan 5, 2004
$100,000
Ron Solyntjes
Geneva Exchange Fund X LLC
Grant Deed
—
Jan 5, 2004
$108,000
Carlson Catherine A Trust
Geneva Exchange Fund X LLC
Grant Deed
—
Jan 5, 2004
$237,500
Carol J Brecht
Geneva Exchange Fund X LLC
Grant Deed
—
Jan 5, 2004
$75,000
Mendota Caseys INC
Geneva Exchange Fund X LLC
Grant Deed
—
Jan 5, 2004
$547,581
Geneva Exchange Fund X LLC
Valley Business Center I LLC
Grant Deed
related
—
Jan 2, 2004
$292,823
Mark Carlson
Geneva Exchange Fund
Grant Deed
—
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$4,000,000 · Tcf National Bank
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$18,523,000 · Assemblies/god Ln Fin
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$1,655,500 · Assemblies Of God Fin'l Svcs
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$360,000 · Valley Business Center I LLC
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$2,025,000 · Assemblies Of God Fin'l Svcs
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$2,537,500 · Assemblies/god Ln Fin
—
—
River Valley Ch Of Apple Valley
—
Deed Of Trust
related
$1,702,000 · Assemblies/god Ln Fin
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 14898 Energy Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
