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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Hospitals
197 County Rd 2nd W, Roseville, MN 55113-3633
Entity Owned
8-yr Hold
Free & Clear
Property ID
US46-1696040
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2018
Construction
WOOD FRAME
Total area
13,747 SF
Lot
1.42 ac (61,899 SF)
Zoning code
D
APN
12-29-23-14-0076
UPID
US46-1696040
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
Lgsc Reseville LLC · 8 yrs held
Lgsc Reseville LLC
since 2017
7 recorded transactions
Zoning & alternative use
D · Roseville, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+37.6%
Neighborhood: shopping center
$2.3M
+13.9%
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 Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville 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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,025,000
Current use
AUTO REPAIR, GARAGE
$2,785,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,305,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$123 / 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
$59,724
Tax year 2023
Assessed value
$3,566,900
Assessed 2023
Previous assessed
$3,566,900
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$500,000
Assessed improvement
$3,066,900
Land market value
$500,000
Improvement market value
$3,066,900
Total market value
$3,566,900
Applied tax rate
623.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2018
Construction
WOOD FRAME
Heating
STEAM
Buildings
3
Total area
13,747 SF
Lot
1.42 ac (61,899 SF)
Zoning code
D
APN
12-29-23-14-0076
UPID
US46-1696040
Jurisdiction
RAMSEY
Zoning & alternative use
D · Roseville, MN
Zoning D · permitted uses
D · Roseville, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roseville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2018
Construction
WOOD FRAME
Heating
STEAM
Buildings
3
Lot
1.42 ac
Current owner
From public records · entity-resolved
Lgsc Reseville LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1824 BUERKLE RD, WHITE BEAR LAKE, MN 55110-5245
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2017
—
Lgsc Reseville LLC
Digni Care LLC
Quit Claim Deed
related
—
Oct 20, 2017
$620,000
Lgsc Roseville LLC
Bruggeman Builders LLC
Warranty Deed
—
May 20, 2016
—
Bruggeman Builders LLC
Dignicare Senior Dev LLC
Quit Claim Deed
related
—
Nov 6, 2013
$65,000
Bruggeman Builders LLC
Richard,brian & Kris L
Warranty Deed
—
Dec 7, 2010
$20,000
Brian Richard
Tacheny,daniel A
Quit Claim Deed
related
—
Jul 23, 2009
—
Daniel A Tacheny
Dan & Pete Properties LLC
Quit Claim Deed
related
—
Sep 11, 2003
$359,100
Dan & Pete Properties LLC
Cave,samuel S & Diane
Grant Deed
—
Jun 20, 2001
—
Samuel S Cave
Minnesota Medical Foundation
Grant Deed
related
—
—
—
Dan & Pete Properties LLC
—
Deed Of Trust
related
$209,300 · Bremer Bank NA
—
—
Hampton Senior Care Of Invergrove
—
Loan Modification
related
$4,645,201 · Premier Bk
—
—
Lgsc Roseville LLC
—
Deed Of Trust
related
$44,815,000 · Private Individual
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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