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Property profile & analytics
OFF-MARKET
Estimated value
$6,300,000
Strip malls
1845 County Rd D E D, Maplewood, MN 55109-5331
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-1046072
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
57,416 SF
Lot
7.59 ac (330,620 SF)
APN
35-30-22-33-0024
UPID
US46-1046072
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
$7.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.30M
Owner & transaction history
Maplewood 2007 LLC · 18 yrs held
Maplewood 2007 LLC
since 2007
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 Maplewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maplewood 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%
$8,450,000
6.5%
$7,800,000
7%
$7,245,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$9,635,000
Current use
MEDICAL BUILDING
$8,460,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$6.30M
Range $5.67M – $6.93M · ±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
$110 / 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
$540,586
Tax year 2023
Assessed value
$17,466,200
Assessed 2023
Previous assessed
$15,797,900
+10.6% YoY
Effective rate
3.10%
On assessed value
Assessed land
$3,306,200
Assessed improvement
$14,160,000
Land market value
$3,306,200
Improvement market value
$14,160,000
Total market value
$17,466,200
Applied tax rate
624.0000
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
1986
Heating
STEAM
Buildings
5
Total area
57,416 SF
Lot
7.59 ac (330,620 SF)
APN
35-30-22-33-0024
UPID
US46-1046072
Jurisdiction
RAMSEY
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.6M
MEDICAL BUILDING
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
1986
Heating
STEAM
Buildings
5
Lot
7.59 ac
Current owner
From public records · entity-resolved
Maplewood 2007 LLC
Entity
Mailing address
2655 CHESHIRE LN N STE #100, MINNEAPOLIS, MN 55447-4906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2013
—
Maplewood 2007 LLC
—
Deed Of Trust
related
$6,472,535 · Associated Bank
May 10, 2012
—
Maplewood 2007 LLC
—
Deed Of Trust
related
$6,728,000 · Associated Bank
Aug 27, 2010
—
Maplewood 2007 LLC
—
Deed Of Trust
related
$2,420,000 · M & I Marshall & Isley Bank
Nov 25, 2009
—
Maplewood 2007 LLC
—
Deed Of Trust
related
$14,600,000 · M & I Marshall & Isley Bank
Nov 26, 2007
$17,400,000
Maplewood 2007 LLC
Maplewood Tc LLC
Grant Deed
related
$14,600,000 · M & I Marshall & Isley Bank
—
—
Maplewood 2007 LLC
—
Deed Of Trust
related
$15,350,000 · Bremer Bk
—
—
Maplewood 2007 LLC
—
Deed Of Trust
related
$7,512,000 · Associated Bank
—
—
Maplewood 2007 LLC
—
Loan Modification
related
$7,500,000 · 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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