Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,485,000
Strip malls
17793 Kenwood Trl Lakeville, MN 55044-9493
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US46-0607837
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Construction
CONCRETE
Total area
37,317 SF
Lot
3.59 ac (156,380 SF)
Zoning code
R
APN
22-11875-03-040
UPID
US46-0607837
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
by Request
Blend (final)
Blend
$3.49M
Owner & transaction history
Smack Dab LLC · 7 yrs held
Smack Dab LLC
since 2019
7 recorded transactions
Zoning & alternative use
R · Lakeville, 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 Lakeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeville 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
$93 / 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
$111,952
Tax year 2023
Assessed value
$3,791,400
Assessed 2022
Previous assessed
$3,604,800
+5.2% YoY
Effective rate
2.95%
On assessed value
Assessed land
$1,721,100
Assessed improvement
$2,070,300
Land market value
$1,721,100
Improvement market value
$2,070,300
Total market value
$3,791,400
Applied tax rate
22.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
NONE
Bathrooms
14
Total area
37,317 SF
Lot
3.59 ac (156,380 SF)
Zoning code
R
APN
22-11875-03-040
UPID
US46-0607837
Jurisdiction
DAKOTA
Zoning & alternative use
R · Lakeville, MN
Zoning R · permitted uses
R · Lakeville, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
NONE
Bathrooms
14
Lot
3.59 ac
Current owner
From public records · entity-resolved
Smack Dab LLC
Entity
Mailing address
811 LASALLE AVE AVE STE #210, MINNEAPOLIS, MN 55402
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2019
—
Smack Dab LLC
—
Deed
related
$315,000 · Royal Cu
Jan 16, 2019
$5,250,000
Smack Dab LLC
Pnl New Era LLC
Grant Deed
$3,598,234 · Royal Cu
Apr 26, 2017
—
Pnl New Era LLC
Pnl Nt LLC
Warranty Deed
—
Aug 6, 2014
—
Pnl Nt LLC
Pnl New Era LLC
Quit Claim Deed
related
$1,764,000 · Northern Tr
Jul 2, 2013
$2,500,000
Pnl New Era LLC
Deputy Sheriff Of Dakota County
Trustees Deed
—
Sep 29, 2011
—
R Schuyler Trust-kenwood Cente
S Schuyler Trust Kenwood Center L
Warranty Deed
related
—
Mar 9, 2010
$5,136
R Schuyler Trust-kenwood Cente
Tic Kenwood LLC
Grant Deed
—
Mar 9, 2010
$5,000
Schuyler R Trust
Kenwood LLC
Warranty Deed
—
Mar 9, 2010
$2,739
Tic Kenwood LLC
For 1031 Kenwood Center LLC
Grant Deed
related
—
May 27, 2005
$500
For 1031 Kenwood Center LLC
R Schuyler Tr-kenwood Center L
Quit Claim Deed
related
—
Mar 24, 2005
$330,381
Kerr-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$330,382
Schuyler S Trust
For 1031 Kenwood Ctr
Warranty Deed
—
Mar 24, 2005
$264,306
M Sheehan-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$429,939
Watanabe Tr-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$385,445
Entrust Cunningham-kenwood Cen
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$550,636
Oconnor-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$506,384
Gunter Tr-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$506,383
Kenwood Gunter Trust
For 1031 Kenwood Ctr
Warranty Deed
—
Mar 24, 2005
$1,458,815
Coverdale-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$566,369
Feldman-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 24, 2005
$361,369
J Peters-kenwood Center LLC
For 1031 Kenwood Center LLC
Grant Deed
—
Mar 23, 2005
$2,900,000
For 1031 Kenwood LLC
Pak LP Of Minnesota LLP
Grant Deed
—
—
—
Cooper-kenwood Center LLC
—
Deed Of Trust
related
$3,654,875 · Gmac Comm'l Mtg Securities INC
—
—
For 1031 Kenwood Center LLC
—
Deed Of Trust
related
$3,770,000 · Gmac Commercial Mortgage Bank
—
—
Pnl New Era LLC
—
Deed Of Trust
related
$15,000,000 · Pinnacle Bank
—
—
Smack Dab LLC
—
Deed Of Trust
related
$315,000 · Royal Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17793 Kenwood Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
