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Property profile & analytics
OFF-MARKET
Commercial real estate
151 7th N St, Albany, MN 56307-4510
Individually Owned
1-yr Hold
Free & Clear
Property ID
US46-1266009
Property summary
AI-generated overview
This exceptional 0.16-acre commercial lot in Albany, Minnesota, presents a remarkable opportunity for entrepreneurs and investors. Located at 151 7th Street N, this property offers unparalleled convenience with easy access from I-94. Follow the simple route: Exit I-94 to Albany, turn right at the four-way stop, then right onto Railroad Avenue, and finally left onto 7th Street North. The property will be on your left. The existing building on the lot is fully finished on both levels, providing a flexible, open floor plan ready for immediate occupancy or customization. This is an ideal site for a variety of commercial ventures, offering a cost-effective entry point into the thriving Albany market. The property's address is 151 7th Street N, Albany, MN 56307, within Stearns County. This affordable price point makes it an exceptional investment opportunity. The lot size is 0.16 acres. Seize this chance to establish your business in a prime location.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,176 SF
Lot
0.16 ac (6,960 SF)
APN
40.25379.0000
UPID
US46-1266009
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
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Silver Feather Language Services Translator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark Rodenwald · 1 yrs held
Mark Rodenwald
since 2024
2 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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,734
Tax year 2023
Assessed value
$123,300
Assessed 2023
Previous assessed
$129,100
-4.5% YoY
Effective rate
3.03%
On assessed value
Assessed land
$28,500
Assessed improvement
$94,800
Land market value
$28,500
Improvement market value
$94,800
Total market value
$123,300
Applied tax rate
745.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Total area
2,176 SF
Lot
0.16 ac (6,960 SF)
APN
40.25379.0000
UPID
US46-1266009
Jurisdiction
STEARNS
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mark Rodenwald
Individual
Free & Clear · 1 yrs held
Mailing address
151 7TH ST N, ALBANY, MN 56307-4510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
Mark Rodenwald
Barkers Holdings LLC
Warranty Deed
—
Jul 3, 2018
—
Barkers Holdings LLC
Barkers More 4 Less INC
Quit Claim Deed
related
—
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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