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    Property profile & analytics

    1551 Payne Ave Saint Paul, MN 55130-3218

    • Office buildings
    • 18,416 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 29, 2022
    Location Intelligence
    Property ID
    US46-0475660
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1551 Payne Ave

    Year built
    1953
    Lot size
    0.77 lot acres
    Property size
    18,416 SF
    Zone code
    K
    Property type
    Office buildings
    APN
    20-29-22-13-0174
    APU
    202922130174

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.0743
    Latitude
    44.988
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,848
    $202,400
    $1,172,300
    $1,374,700
    -
    $202,400
    $1,172,300
    $1,374,700

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      1031 Payne Ave

      OFFICE BUILDING • 10,000 SF
      1031 Payne Ave, Saint Paul, MN 55130-3840
      View Details
    • Value Estimation
      $230,000
      1,600 SF

      1323 Payne Ave

      OFFICE BUILDING • 1,600 SF
      1323 Payne Ave, Saint Paul, MN 55130-3433
      View Details
    • Value Estimation
      $165,000
      2,000 SF

      1090 Payne Ave

      OFFICE BUILDING • 2,000 SF
      1090 Payne Ave, Saint Paul, MN 55130-3739
      View Details
    • Value Estimation by Request
      4,000 SF

      393 Maryland E Ave

      OFFICE BUILDING • 4,000 SF
      393 Maryland E Ave, Saint Paul, MN 55130-3623
      View Details
    • Value Estimation by Request
      10,332 SF

      579 Wls St

      OFFICE BUILDING • 10,332 SF
      579 Wls St, Saint Paul, MN 55130-4134
      View Details
    • Value Estimation
      $200,000
      1,300 SF

      1310 Payne Ave

      OFFICE BUILDING • 1,300 SF
      1310 Payne Ave, Saint Paul, MN 55130-3543
      View Details

    Similar Nearby for Sale

    • $349,900
      17,000 SF

      Prime St. Paul Executive Office Building

      17,000 SF Office Space - $349,900
      1001 Payne Ave, Saint Paul, MN 55130
      View Details
    • $365,000
      0.03 Acres

      Payne Avenue Mixed-Use Investment

      Mixed-use property with expansion potential in a redeveloping corridor.
      977 Payne Ave, Saint Paul, MN 55130
      View Details
    • $400,000
      0.05 Acres

      Mixed-Use Investment in Payne-Phalen

      Four-unit property with commercial space and residential units.
      985 Payne Ave, Saint Paul, MN 55130
      View Details
    • $115,000
      Pending

      Saint Paul Commercial Opportunity

      Single-level commercial building in St. Paul for sale.
      1560 Payne Ave, Saint Paul, MN 55130
      View Details
    • $290,000
      0.06 Acres

      Mixed-Use Commercial Property in Saint Paul

      Value-add investment opportunity in revitalizing Payne-Phalen corridor.
      1132 Payne Ave, Saint Paul, MN 55130
      View Details
    • $35,000
      0.14 Acres

      Saint Paul Buildable Residential Lots

      Two buildable lots near downtown St. Paul with all utilities.
      505 Whitall St, Saint Paul, MN 55130
      View Details
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    Saint Paul, MN 55130-3218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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