New search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office buildings
150 Travelers Trl 4 Burnsville, MN 55337-6889
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0771703
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
CONCRETE
Total area
1,433 SF
APN
02-90620-01-004
UPID
US46-0771703
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
-
Counseling Care Marriage Or Relationship Counselor
-
Avery Roy Alternative Medicine Practice
-
Julie Temmel-Friesen Marriage Or Relationship Counselor
-
Lucas Bachmann Physician
-
Scott Hogan Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
J & J Simon Properties LLC · 4 yrs held
J & J Simon Properties LLC
since 2022
Last sale
$595,000
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 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
$525,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $595k (Mar 18 2022)
Last sale anchor
$595k
Mar 18 2022
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
$387 / 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
$4,714
Tax year 2023
Assessed value
$215,100
Assessed 2022
Previous assessed
$215,100
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$40,000
Assessed improvement
$175,100
Land market value
$40,000
Improvement market value
$175,100
Total market value
$215,100
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
2006
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
1,433 SF
APN
02-90620-01-004
UPID
US46-0771703
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
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Current owner
From public records · entity-resolved
J & J Simon Properties LLC
Entity
Mailing address
22851 HAMILTON CT, RANDOLPH, MN 55065
Ownership since
2022
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
Mar 18, 2022
$595,000
J & J Simon Properties LLC
Nicollet Plaza Partners LLC
Limited Warranty Deed
$332,000 · Merchants Bank NA
Dec 1, 2014
$250,000
Nicollet Plaza Partners LLC
Us Bk National Assn
Quit Claim Deed
related
—
May 31, 2013
$263,000
Us Bk National Assn
Deputy Sheriff Of Dakota Cnty
Trustees Deed
related
—
Dec 6, 2007
$696,284
Macik Properties LLC
Klingelhutz Dev
Warranty Deed
$626,500 · Us Bank NA
Dec 6, 2007
$500
Klingelhutz Dev Co
Nicollet Dev INC
Quit Claim Deed
related
—
Sep 17, 2007
$183,763
Melinda Mellenbruch
Nicollet Dev INC
Warranty Deed
$128,750 · Wells Fargo Bank
Feb 13, 2006
—
Ksh Dev LLC
—
Deed Of Trust
related
$13,300,000 · Heartland Business Bank
—
—
Melinda Mellenbruch
—
Deed Of Trust
related
$125,001 · Wells Fargo 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.
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 150 Travelers Trl, Unit 4?
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.
