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Property profile & analytics
OFF-MARKET
Estimated value
$5,040,000
Warehouses
1770 75th NE St, Rochester, MN 55906-8905
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US46-1268335
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
40,364 SF
Lot
3.18 ac (138,695 SF)
APN
74.01.11.065575
UPID
US46-1268335
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
-
All Around Self Storage Storage Facility
-
Schoeppner Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.91M
Comparable Approach
Comparable
$4.35M
Blend (final)
Blend
$5.04M
Owner & transaction history
Lacey LLC · 14 yrs held
Lacey LLC
since 2011
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.1M
+80.2%
Retail stores
$6.5M
+65.4%
Commercial (general)
$6.4M
+62.8%
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 Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester 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%
$5,310,000
6.5%
$4,905,000
7%
$4,555,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,920,000
Current use
RESTAURANT
$7,065,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$6,485,000
Change: +65% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,380,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,380,000
Change: +63% · Conversion: Easy
OFFICE BUILDING
$6,325,000
Change: +61% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,910,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$5.04M
Range $4.54M – $5.54M · ±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
$125 / 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
$46,078
Tax year 2023
Assessed value
$1,729,200
Assessed 2021
Previous assessed
$1,729,200
+0.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$138,700
Assessed improvement
$1,590,500
Land market value
$138,700
Improvement market value
$1,590,500
Total market value
$1,729,200
Applied tax rate
102.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
REFRIGERATOR
Bathrooms
1
Total area
40,364 SF
Lot
3.18 ac (138,695 SF)
APN
74.01.11.065575
UPID
US46-1268335
Jurisdiction
OLMSTED
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
WAREHOUSE, STORAGE Current
Est. value
$3.9M
RESTAURANT
Est. value
$7.1M
RETAIL STORES
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$6.4M
OFFICE BUILDING
Est. value
$6.3M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1998
Heating
NONE
Cooling
Yes
Bathrooms
1
Lot
3.18 ac
Current owner
From public records · entity-resolved
Lacey LLC
Entity
Mailing address
1770 75TH ST NE, ROCHESTER, MN 55906-8905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2011
$300,000
Lacey LLC
Duxbury Tuohy Partnership LLP
Corporation Deed
$240,000 · Premier Bank Rochester
Nov 10, 2009
—
Duxbury Tuohy Properties LLP
Thomas Duxbury
Quit Claim Deed
related
$252,603 · Daniel Tuohy
Jan 3, 2005
$825,000
Thomas Duxbury
Russell W Hinz
Warranty Deed
$265,000 · Eastwood 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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