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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Industrial properties
18800 78th St Chanhassen, MN 55317-9310
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US46-1035304
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
TILT-UP CONCRETE
Lot
18.14 ac (790,178 SF)
APN
07-116-22-33-0003
UPID
US46-1035304
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
-
ABC Millwork Interiors Industrial Manufacturer
-
ABC Millwork & Cabinetry - Chanhassen Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Store Spe Uslbm 2017-6 LLC · 8 yrs held
Store Spe Uslbm 2017-6 LLC
since 2017
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 Chanhassen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chanhassen 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
—
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
$237,253
Tax year 2023
Assessed value
$8,685,000
Assessed 2023
Previous assessed
$7,900,000
+9.9% YoY
Effective rate
2.73%
On assessed value
Assessed land
$4,741,000
Assessed improvement
$3,944,000
Land market value
$4,741,000
Improvement market value
$3,944,000
Total market value
$8,685,000
Applied tax rate
272.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
RADIANT
Cooling
CENTRAL
Lot
18.14 ac (790,178 SF)
APN
07-116-22-33-0003
UPID
US46-1035304
Jurisdiction
HENNEPIN
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
1980
Construction
TILT-UP CONCRETE
Heating
RADIANT
Cooling
Yes
Lot
18.14 ac
Current owner
From public records · entity-resolved
Store Spe Uslbm 2017-6 LLC
Entity
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2017
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
Oct 30, 2017
$6,799,256
Store Spe Uslbm 2017-6 LLC
Bep Of Lyman LLC
Grant Deed
$6,870,000 · Citibank
Jul 3, 2014
—
Bep Of Lyman LLC
—
Grant Deed
related
$150,000,000 · Credit Suisse Ag Cayman Iss Br
Nov 3, 2011
$5,500,000
Bep Of Lyman LLC
Lyman Lumber Co
Warranty Deed
related
$4,181,549 · Tcf National Bank
Feb 1, 2011
—
Lyman Lumber Co
—
Deed Of Trust
related
$1,875,000 · Tcf National Bank
Jan 31, 2011
—
Lyman Lumber Co
—
Deed Of Trust
related
$1,875,000 · Tcf National Bank
Jan 6, 2011
—
Lyman Lumber Co
—
Deed Of Trust
related
$1,725,000 · Tcf National Bank
Feb 23, 2009
—
Lyman Lumber Co
—
Deed Of Trust
related
$5,400,000 · Tcf National Bank
Feb 13, 2009
—
Lyman Lumber Co
—
Deed Of Trust
related
$1,875,000 · Tcf National Bank
—
—
Lyman Lumber Co
—
Deed Of Trust
related
$1,875,000 · Tcf National Bank
—
—
Lyman Lumber Co
—
Deed Of Trust
related
$1,725,000 · Tcf National 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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