New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Hotels
1801 Lavender Dr, Faribault, MN 55021-9269
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US46-1174351
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1994
Total area
10,156 SF
Lot
1.36 ac (59,240 SF)
APN
18.24.3.76.019
UPID
US46-1174351
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
-
3 ten venue Wedding Service
-
Boarders Inn & Suites by Cobblestone Hotels - Faribault Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
14 And Done LLC · 1 yrs held
14 And Done LLC
since 2024
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
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 Faribault submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Faribault 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
$2,900,000
ML approach
$2,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $2.90M (Dec 6 2024)
Last sale anchor
$2.90M
Dec 6 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
$286 / 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
$37,550
Tax year 2024
Assessed value
$1,426,800
Assessed 2024
Previous assessed
$1,426,800
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$148,100
Assessed improvement
$1,278,700
Land market value
$148,100
Improvement market value
$1,278,700
Total market value
$1,426,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
4
Stories
2
Total area
10,156 SF
Lot
1.36 ac (59,240 SF)
APN
18.24.3.76.019
UPID
US46-1174351
Jurisdiction
RICE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
2
Buildings
4
Lot
1.36 ac
Current owner
From public records · entity-resolved
14 And Done LLC
Entity
Mailing address
3686 CHAPPUIS TRL, FARIBAULT, MN 55021-7768
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$2,885,000
14 And Done LLC
Cannon Valley Hospitality LLC
Warranty Deed
$2,015,000 · Reliance Bank
Dec 6, 2024
$2,900,000
Faribault Hotel LLC
14 And Done LLC
Warranty Deed
$465,000 · Done LLC
Aug 16, 2023
$2,885,000
14 And Done LLC
Cannon Valley Hospitality LLC
Contract Sale
$2,000,000 · Cannon Valley Hospitality LLC
Apr 26, 2019
—
Cannon Valley Hospitality LLC
—
Deed
related
$1,063,548 · 1st United Bk NA
Oct 3, 2008
—
Cannon Valley Hospitality LLC
—
Loan Modification
related
$1,362,000 · Wells Fargo Bank
—
—
Cannon Valley Hospitality LLC
—
Deed Of Trust
related
$1,450,000 · First United Bk
—
—
Cannon Valley Hospitality LLC
—
Loan Modification
related
$1,063,548 · 1st United Bk NA
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 1801 Lavender Dr?
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.
