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Property profile & analytics
OFF-MARKET
Estimated value
$350,000
Parking lots & garages
15186 Patricia Ctg7-1 Eden Prairie, MN 55346-2552
Individually Owned
9-yr Hold
Free & Clear
Property ID
US46-0592966
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1987
Total area
440 SF
Lot
0.88 ac (38,207 SF)
Zoning code
RM-6.5
APN
04-116-22-42-0122
UPID
US46-0592966
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
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$350k
Owner & transaction history
Winifred Sipprell · 9 yrs held
Winifred Sipprell
since 2017
5 recorded transactions
Zoning & alternative use
RM-6.5 · Eden Prairie, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
in which case, only the abbreviations of such subdivisions may be shown.) District Title Abbreviation Rural District R One-Family Residential District R-1 R1-44 R1-22 R1-13.5 R1-9.5 Multi-Family Residential District RM RM-6.5 RM-2.5 Office District OFC Commercial District Neighborhood Commercial District Community Commercial District Regional Commercial Dist…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
1,117.88 ac
Source
code of ordinances
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 Eden Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eden Prairie 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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$350k
Range $315k – $385k · ±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
$795 / 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
$171
Tax year 2023
Assessed value
$15,200
Assessed 2023
Previous assessed
$20,900
-27.3% YoY
Effective rate
1.13%
On assessed value
Assessed land
$3,100
Assessed improvement
$12,100
Land market value
$3,100
Improvement market value
$12,100
Total market value
$15,200
Applied tax rate
272.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
NONE
Stories
2
Total area
440 SF
Lot
0.88 ac (38,207 SF)
Zoning code
RM-6.5
APN
04-116-22-42-0122
UPID
US46-0592966
Jurisdiction
HENNEPIN
Zoning & alternative use
RM-6.5 · Eden Prairie, MNZoning RM-6.5 · permitted uses
RM-6.5 · Eden Prairie, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
in which case, only the abbreviations of such subdivisions may be shown.) District Title Abbreviation Rural District R One-Family Residential District R-1 R1-44 R1-22 R1-13.5 R1-9.5 Multi-Family Residential District RM RM-6.5 RM-2.5 Office District OFC Commercial District Neighborhood Commercial District Community Commercial District Regional Commercial District Regional Service District Highway Commercial District C N-Com C-Com C-Reg C-Reg-
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
1,117.88 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Winifred Sipprell
Individual
Free & Clear · 9 yrs held
Mailing address
15186 PATRICIA CT, EDEN PRAIRIE, MN 55346-2552
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2017
$159,000
Winifred Sipprell
Larson,jacquelyn
Warranty Deed
—
Jul 23, 2015
—
Jacquelyn J Larson
Larson,bruce R
Affidavit Of Death
related
—
May 31, 1991
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Winnie Sipprell
—
Deed Of Trust
related
$38,000 · Sharepoint Cu
—
—
Winifred Sipprell
—
Deed Of Trust
related
$40,000 · Sharepoint Cu
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
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