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Property profile & analytics
OFF-MARKET
Estimated value
$2,835,000
Retail properties & Spaces
1646 Diffley Rd, Eagan, MN 55122-2213
Entity Owned
Free & Clear
Property ID
US46-3192498
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2008
Construction
STEEL FRAME
Total area
38,752 SF
Lot
5.11 ac (222,592 SF)
APN
10-20500-01-040
UPID
US46-3192498
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.29M
Blend (final)
Blend
$2.84M
Owner & transaction history
Undefeated Tribe Eagan LLC
Undefeated Tribe Eagan LLC
since 2026
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.5M
+12.7%
Office building
$4.2M
+7.1%
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 Eagan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagan 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,960,000
Current use
WAREHOUSE, STORAGE
$4,465,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$4,245,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,565,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.84M
Range $2.55M – $3.12M · ±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
$73 / 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
$109,642
Tax year 2023
Assessed value
$3,878,500
Assessed 2022
Previous assessed
$3,865,700
+0.3% YoY
Effective rate
2.83%
On assessed value
Assessed land
$1,704,700
Assessed improvement
$2,173,800
Land market value
$1,704,700
Improvement market value
$2,173,800
Total market value
$3,878,500
Applied tax rate
10.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Bathrooms
5
Total area
38,752 SF
Lot
5.11 ac (222,592 SF)
APN
10-20500-01-040
UPID
US46-3192498
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
RETAIL STORES Current
WAREHOUSE, STORAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2008
Construction
STEEL FRAME
Heating
NONE
Bathrooms
5
Lot
5.11 ac
Current owner
From public records · entity-resolved
Undefeated Tribe Eagan LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1646 DIFFLEY RD #200, EAGAN, MN 55122-2213
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2026
—
Undefeated Tribe Eagan LLC
Fip Master Funding Lix LLC
Deed
—
Jun 24, 2008
$2,631,021
Diffley 35 LLC
Visions Of Eagan LLC
Warranty Deed
$1,301,870 · Anchor Bank Saint Paul
Apr 5, 2006
$2,766,060
Visions Of Eagan LLC
Astleford Family
Warranty Deed
—
—
—
Diffley 35 LLC
—
Deed Of Trust
related
$4,207,838 · Anchor Bank Saint Paul
—
—
Diffley 35 LLC
—
Deed Of Trust
related
$3,904,576 · Anchor Bank NA
—
—
Diffley 35 LLC
—
Deed Of Trust
related
$1,301,870 · Anchor Bank Saint Paul
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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