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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Retail space
1690 Robert S St, West Saint Paul, MN 55118-3918
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0900521
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
CONCRETE
Total area
7,066 SF
Lot
1.01 ac (43,996 SF)
Zoning code
R
APN
42-43204-01-020
UPID
US46-0900521
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
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.53M
Owner & transaction history
1690 South Robert Street LLC · 4 yrs held
1690 South Robert Street LLC
since 2022
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
R · West 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 West Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
Method
Estimation
Statistic approach
$2,370,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10% · vs last sale $2.68M (Apr 18 2022)
Last sale anchor
$2.68M
Apr 18 2022
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
$358 / 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
$32,166
Tax year 2023
Assessed value
$1,085,600
Assessed 2022
Previous assessed
$1,085,600
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$612,300
Assessed improvement
$473,300
Land market value
$612,300
Improvement market value
$473,300
Total market value
$1,085,600
Applied tax rate
42.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
7,066 SF
Lot
1.01 ac (43,996 SF)
Zoning code
R
APN
42-43204-01-020
UPID
US46-0900521
Jurisdiction
DAKOTA
Zoning & alternative use
R · West Saint Paul, MN
Zoning R · permitted uses
R · West Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
1690 South Robert Street LLC
Entity
Mailing address
5201 EDEN AVE STE #370, EDINA, MN 55436-2350
Ownership since
2022
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
Apr 18, 2022
$2,680,000
1690 South Robert Street LLC
Mittanni Robert LLC
Warranty Deed
$1,787,500 · Tradition Capital Bank
Jul 5, 2017
—
Mittanni Robert LLC
Sundblad,matthew K & Lakshmi
Quit Claim Deed
related
—
May 23, 2017
$1,962,054
Matthew K Sundblad
Spirit Master Funding Vi LLC
Limited Warranty Deed
$1,443,000 · Us Bank NA
Dec 16, 2014
—
Spirit Master Funding Vi LLC
—
Grant Deed
related
$1,880,000 · Citibank
Apr 2, 2014
$1,925,427
Spirit Master Funding Vi LLC
Wsp Holdings LLC
Warranty Deed
—
May 6, 2011
$1,500,000
Wsp Holdings LLC
Anthony N Kraft R/e Fam Ptshp
Warranty Deed
related
$1,079,161 · Associated 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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