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Property profile & analytics
OFF-MARKET
Estimated value
$8,970,000
Strip malls
1901 Clf E Rd, Burnsville, MN 55337
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-1272610
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Total area
105,607 SF
Lot
9 ac (392,204 SF)
APN
02-76800-01-010
UPID
US46-1272610
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
-
Freedom Insurance CO Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.26M
Blend (final)
Blend
$8.97M
Owner & transaction history
Imetroproperty Edina LLC · 14 yrs held
Imetroproperty Edina LLC
since 2011
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 Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.97M
Range $8.07M – $9.87M · ±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
$85 / 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
$186,302
Tax year 2023
Assessed value
$6,300,700
Assessed 2022
Previous assessed
$7,399,700
-14.9% YoY
Effective rate
2.96%
On assessed value
Assessed land
$2,823,900
Assessed improvement
$3,476,800
Land market value
$2,823,900
Improvement market value
$3,476,800
Total market value
$6,300,700
Applied tax rate
2.0000
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
1973
Heating
NONE
Buildings
2
Total area
105,607 SF
Lot
9 ac (392,204 SF)
APN
02-76800-01-010
UPID
US46-1272610
Jurisdiction
DAKOTA
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
1973
Heating
NONE
Buildings
2
Lot
9 ac
Current owner
From public records · entity-resolved
Imetroproperty Edina LLC
Entity
Mailing address
11935 RIV HLS DR, BURNSVILLE, MN 55337-1354
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jun 30, 2022
—
Imetroproperty Edina LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
May 24, 2019
—
Imetroproperty Edina LLC
—
Deed
related
—
May 24, 2017
—
Imetroproperty Edina LLC
—
Deed
related
$500,000 · Midwestone Bk
Jul 10, 2014
—
Imetroproperty Edina LLC
—
Trustees Deed
related
$500,000 · Minnwest Bk
Aug 10, 2011
—
Imetroproperty Edina LLC
Imetroproperty Edina T & C LLC
Quit Claim Deed
related
$4,355,000 · Minnwest Bank Central
—
—
Imetroproperty Edina LLC
—
Loan Modification
related
—
—
—
Imetroproperty Edina LLC
—
Loan Modification
related
$4,162,139 · Minnwest Bk Ctrl
—
—
Imetroproperty Edina LLC
—
Deed Of Trust
related
$5,350,000 · Central Bk
—
—
Imetroproperty Edina LLC
—
Deed Of Trust
related
$500,000 · Midwestone Bk
—
—
Imetroproperty Edina LLC
—
Deed Of Trust
related
$1,513,375 · First Commercial 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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