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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Commercial real estate
18533 Buchanan NE St, East Bethel, MN 55011-9538
Individually Owned
1-yr Hold
Free & Clear
Property ID
US46-0295526
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,378 SF
Lot
2.19 ac (95,506 SF)
APN
32-33-23-24-0006
UPID
US46-0295526
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
-
Team Drywall llc Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.23M
Owner & transaction history
Patton Heating And Air Conditioning · 1 yrs held
Patton Heating And Air Conditioning
since 2024
Last sale
$1.2M
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 East Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Bethel 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
$1,325,000
ML approach
$1,310,000
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.18M (Jul 1 2024)
Last sale anchor
$1.18M
Jul 1 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
$228 / 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
$21,511
Tax year 2024
Assessed value
$1,060,000
Assessed 2024
Previous assessed
$1,060,000
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$247,100
Assessed improvement
$812,900
Land market value
$247,100
Improvement market value
$812,900
Total market value
$1,060,000
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
EVAPORATIVE
Stories
1
Total area
5,378 SF
Lot
2.19 ac (95,506 SF)
APN
32-33-23-24-0006
UPID
US46-0295526
Jurisdiction
ANOKA
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.19 ac
Current owner
From public records · entity-resolved
Patton Heating And Air Conditioning
Individual
Free & Clear · 1 yrs held
Mailing address
18533 BUCHANAN ST NE, EAST BETHEL, MN 55011-9538
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
—
Patton Heating And Air Conditioning
Patton Enterprises LLC
Deed
—
Nov 25, 2024
—
Patton Enterprises LLC
—
Deed
related
$485,000 · Amplio Economic Development Corporation
Oct 1, 2024
$1,175,000
Patton Enterprises LLC
Team Properties Group LLC
Warranty Deed
$587,500 · Village Bank
Sep 20, 2023
$1,200,000
Team Properties Group LLC
Jp Investments LLC
Limited Warranty Deed
$960,000 · First Bank & Trust
Mar 23, 2010
$199,913
Corey S Loger
Sheriff Of Anoka County
Grant Deed
—
Mar 23, 2010
$204,650
Cory S Loger
Sheriff Of Anoka County
Grant Deed
—
Mar 22, 2010
$478,000
Jp Investments LLC
Loger,cory S & Dawn M M
Warranty Deed
$280,000 · Premier Bank
Dec 7, 2009
$192,719
Lake Cmnty Bk
Deputy Sheriff Of Anoka County
Trustees Deed
related
—
Sep 23, 2009
$365,985
First Natl Bk Of Elk River
Sheriff Of Anoka County
Trustees Deed
related
—
—
—
J P Investments LLC
—
Deed Of Trust
related
$417,000 · Peoples Bk/commerce
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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