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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Industrial properties
150 Swendra NE Blvd, Cokato, MN 55321-4740
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US46-1080806
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Construction
STEEL FRAME
Total area
4,000 SF
Lot
5.65 ac (246,201 SF)
APN
105-500-273423
UPID
US46-1080806
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
-
Advanced Process Technologies Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$471k
Blend (final)
Blend
$560k
Owner & transaction history
Cokato Land Co LLC · 16 yrs held
Cokato Land Co LLC
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$530,000
+62.2%
Auto repair, garage
$470,000
+43.5%
Retail stores
$465,000
+43.2%
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 Cokato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cokato 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
$545,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$530,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$470,000
Change: +43% · Conversion: Easy
RETAIL STORES
$465,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$415,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$140 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$55,780
Tax year 2022
Assessed value
$2,071,200
Assessed 2023
Previous assessed
$2,071,200
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$311,900
Assessed improvement
$1,759,300
Land market value
$311,900
Improvement market value
$1,759,300
Total market value
$2,071,200
Applied tax rate
501.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
RADIANT
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
4,000 SF
Lot
5.65 ac (246,201 SF)
APN
105-500-273423
UPID
US46-1080806
Jurisdiction
WRIGHT
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
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$470,000
RETAIL STORES
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$415,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2001
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
2
Buildings
4
Lot
5.65 ac
Current owner
From public records · entity-resolved
Cokato Land Co LLC
Entity
Mailing address
PO BOX 939, COKATO, MN 55321-0939
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2010
—
Cokato Land Co LLC
—
Trustees Deed
related
$650,000 · State Bank
Apr 9, 2009
—
Cokato Land Co LLC
—
Trustees Deed
related
$300,000 · State Bank
Feb 21, 2008
—
Cokato Land Co LLC
—
Trustees Deed
related
$650,000 · State Bank
Dec 14, 2005
—
Cokato Land Co LLC
—
Trustees Deed
related
$300,000 · State Bank
—
—
Cokato Land Co LLC
—
Deed Of Trust
related
$300,000 · State Bank
—
—
Cokato Land Co LLC
—
Loan Modification
related
$1,117,088 · First Nat'l Bk/cokato
—
—
Cokato Land Co LLC
—
Deed Of Trust
related
$1,240,000 · First Nat'l Bk/hico
—
—
Cokato Land Co LLC
—
Deed Of Trust
related
$650,000 · State Bank
—
—
Cokato Land Co LLC
—
Deed Of Trust
related
$300,000 · State Bank
—
—
Cokato Land Co LLC
—
Deed Of Trust
related
$650,000 · 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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