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Property profile & analytics
OFF-MARKET
Estimated value
$51,995,000
Office buildings
180 5th E St, Saint Paul, MN 55101-2672
Trust Owned
Absentee Owner
Free & Clear
Property ID
US46-0897733
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1914
Total area
856,223 SF
Lot
1.76 ac (76,578 SF)
Zoning code
K
APN
06-28-22-11-0050
UPID
US46-0897733
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
$52.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$69.77M
Blend (final)
Blend
$52.00M
Owner & transaction history
Great Northern Downtown Revival Trust
Great Northern Downtown Revival Trust
since 2026
Last sale
$52.0M
7 recorded transactions
Zoning & alternative use
K · 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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$51,995,000
ML approach
$51,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$78,730,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$52.00M
Range $46.80M – $57.19M · ±10% · vs last sale $52.00M (Oct 2 2024)
Last sale anchor
$52.00M
Oct 2 2024
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
$61 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$724,782
Tax year 2024
Assessed value
$17,746,700
Assessed 2024
Previous assessed
$17,746,700
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$4,596,000
Assessed improvement
$13,150,700
Land market value
$4,596,000
Improvement market value
$13,150,700
Total market value
$17,746,700
Applied tax rate
625.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1914
Heating
YES
Buildings
3
Total area
856,223 SF
Lot
1.76 ac (76,578 SF)
Zoning code
K
APN
06-28-22-11-0050
UPID
US46-0897733
Jurisdiction
RAMSEY
Zoning & alternative use
K · Saint Paul, MN
Zoning K · permitted uses
K · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$78.7M
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
1914
Heating
YES
Buildings
3
Lot
1.76 ac
Current owner
From public records · entity-resolved
Great Northern Downtown Revival Trust
Trust
Free & Clear · 0 yrs held
Mailing address
3600 MINNESOTA DR STE #70, EDINA, MN 55435-7901
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2026
$1,920,000
Great Northern Downtown Revival Trust
Gnb Holding Co LLC
Special Warranty Deed
—
Oct 2, 2024
$7,500,000
Gnb Holdings Co LLC
Gre 180 East Fifth LLC
Sheriffs Deed
related
—
Oct 2, 2024
—
Gnb Holding Co LLC
Gre 180 East Fifth LLC
Sheriffs Deed
related
—
Dec 18, 2019
—
Gre 180 East Fifth LLC
—
Grant Deed
related
$12,500,000 · Stearns Bk Natl Assn
Jul 12, 2018
$51,995,000
Gamma Lndg Omega LLC
Sheriff Of Ramsey County|talon First Trust LLC
Trustees Deed
—
Jul 8, 2014
$4,832,000
Talon First Trust LLC
Fairfield Apartments LLC
Grant Deed
related
—
Jul 8, 2014
$1,000,000
Talon First Trust LLC
4330 LLC
Grant Deed
related
—
Jul 8, 2014
$3,832,000
Talon First Trust LLC
Lakes Area Properties LLC
Grant Deed
related
$33,000,000 · Rcc R/e
Jul 8, 2014
$3,668,000
Talon First Trust LLC
3014-20 LLC
Grant Deed
related
—
Jul 8, 2014
$26,668,000
Talon First Trust LLC
Jackson I LLC
Grant Deed
related
$33,000,000 · Rcc R/e
Feb 22, 2008
$1,450,000
Fairfield Apartments LLC
Jackson I LLC
Warranty Deed
—
Feb 22, 2008
$300,000
4330 LLC
Jackson I LLC
Warranty Deed
—
Feb 22, 2008
$1,150,000
Lakes Area Properties LLC
Jackson I LLC
Warranty Deed
—
Feb 22, 2008
$1,100,000
3014-20 LLC
Jackson I LLC
Warranty Deed
—
Jan 8, 2008
$1,150,000
Lakes Area Properties LLC
Jackson I LLC
Warranty Deed
—
Jan 8, 2008
$1,450,000
Fairfield Apartments LLC
Jackson I LLC
Warranty Deed
—
Jan 8, 2008
$300,000
4330 LLC
Jackson I LLC
Warranty Deed
—
Jan 8, 2008
$1,100,000
3014-20 LLC
Jackson I LLC
Warranty Deed
—
Jul 30, 2007
—
Jackson I LLC
Jackson Street Associates LLC
Quit Claim Deed
related
$28,000,000 · M & I Marshall & Isley Bank
Nov 2, 2004
$500
Jackson Street Associates LLC
St Paul Burlington
Grant Deed
$28,050,000 · Lasalle National Bank
Nov 2, 2004
$515
Jackson Street Assocs LLC
St Paul-burlington
Grant Deed
$28,050,000 · Lasalle National Bank
—
—
Jackson I LLC
—
Loan Modification
related
$3,113,729 · Bmo Harris 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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