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Property profile & analytics
OFF-MARKET
Turn key restaurants
166 Concord Exchange N, South Saint Paul, MN 55075-1144
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US46-1045842
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
CONCRETE
Total area
6,619 SF
Lot
0.44 ac (19,166 SF)
Zoning code
R
APN
36-72850-02-284
UPID
US46-1045842
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
-
Subway Take-out & Catering
-
Fresh Alternatives Inc Grocery & Convenience Store Food Market
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
Gb Davis Properties LLC · 1 yrs held
Gb Davis Properties LLC
since 2025
Last sale
$297,781
7 recorded transactions
Zoning & alternative use
R · South Saint Paul, MN
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 South Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Saint Paul 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
$15,904
Tax year 2023
Assessed value
$532,600
Assessed 2022
Previous assessed
$513,700
+3.7% YoY
Effective rate
2.99%
On assessed value
Assessed land
$129,500
Assessed improvement
$403,100
Land market value
$129,500
Improvement market value
$403,100
Total market value
$532,600
Applied tax rate
36.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Bathrooms
4
Total area
6,619 SF
Lot
0.44 ac (19,166 SF)
Zoning code
R
APN
36-72850-02-284
UPID
US46-1045842
Jurisdiction
DAKOTA
Zoning & alternative use
R · South Saint Paul, MN
Zoning R · permitted uses
R · South Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Bathrooms
4
Lot
0.44 ac
Current owner
From public records · entity-resolved
Gb Davis Properties LLC
Entity
Mailing address
166 CONCORD EXCHANGE N #2, SOUTH SAINT PAUL, MN 55075-1144
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
—
Gb Davis Properties LLC
Sstp Properties LLC
Quitclaim Deed
related
$690,000 · First State Bank & Trust
Jan 7, 2025
—
Gb Davis Properties LLC
Sstp Properties LLC
Quitclaim Deed
related
$690,000 · First State Bank & Trust
Jan 18, 2022
—
Sstp Properties LLC
—
Deed
related
$500,000 · Frandsen Bank & Trust
Mar 29, 2021
—
Sstp Properties LLC
—
Deed
related
$441,290 · Frandsen Bank & Trust
Jul 13, 2020
—
Sstp Properties LLC
—
Deed
related
$200,000 · Peoples Bank Midwest
Jul 10, 2020
—
Sstp Properties L L C
—
Deed
related
$200,000 · Peoples Bank Midwest
Feb 15, 2019
$500
City Of South St Paul
Housing Andredevelopment Autho
Quit Claim Deed
related
—
Jun 15, 2016
—
Sstp Properties LLC
—
Deed
related
$500,000 · Peoples Bk Midwest
Jun 14, 2016
—
Sstp Properties LLC
—
Deed
related
$500,000 · Peoples Bk Midwest
Jun 13, 2016
—
Sstp Properties LLC
—
Deed
related
$329,452 · Peoples Bk Midwest
Jun 10, 2016
—
Sstp Properties LLC
—
Deed
related
$329,352 · Peoples Bk Midwest
Aug 2, 2005
$297,781
Sstp Properties LLC
Luconic Properties LLC
Warranty Deed
$200,000 · Beacon Bank
Mar 2, 2005
$297,781
Sstp Properties LLC
Luconic Properties LLC
Warranty Deed
$200,000 · Beacon Bank
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$135,000 · Beacon Bank
—
—
Sstp Properties LLC
—
Loan Modification
related
$487,500 · Beacon Bk
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$329,452 · Peoples Bk Midwest
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$500,000 · Peoples Bk Midwest
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$329,352 · Peoples Bk Midwest
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$500,000 · Peoples Bk Midwest
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$21,000 · Beacon Bank
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$47,270 · Beacon Bank
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$47,270 · Beacon Bank
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$89,310 · Beacon Bank
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$89,310 · Beacon Bank
—
—
Sstp Properties LLC
—
Deed Of Trust
related
$135,000 · Beacon 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.
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