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Property profile & analytics
FOR LEASE
Industrial properties
20000 South Diamond Lake Rd Rogers, MN 55374
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0040850
For Lease
$25,045,000
20000 South Diamond Lake Rd, Rogers, MN 55374
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Construction
TILT-UP CONCRETE
Lot
15.2 ac (662,112 SF)
APN
13-120-23-34-0008
UPID
US46-0040850
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
$25.05M
Owner & transaction history
Mdh F2 Msp Diamond Lake LLC · 4 yrs held
Mdh F2 Msp Diamond Lake LLC
since 2021
Last sale
$24.5M
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 Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers 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
$26,140,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$25.05M
Range $22.54M – $27.55M · ±10% · vs last sale $24.50M (Nov 1 2021)
Last sale anchor
$24.50M
Nov 1 2021
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
$768,111
Tax year 2023
Assessed value
$25,582,000
Assessed 2023
Previous assessed
$23,452,000
+9.1% YoY
Effective rate
3.00%
On assessed value
Assessed land
$2,637,000
Assessed improvement
$22,945,000
Land market value
$2,637,000
Improvement market value
$22,945,000
Total market value
$25,582,000
Applied tax rate
728.0000
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
For Lease
Year built
2004
Construction
TILT-UP CONCRETE
Heating
GEO-THERMAL
Cooling
YES
Lot
15.2 ac (662,112 SF)
APN
13-120-23-34-0008
UPID
US46-0040850
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
2004
Construction
TILT-UP CONCRETE
Heating
GEO-THERMAL
Cooling
Yes
Lot
15.2 ac
Current owner
From public records · entity-resolved
Mdh F2 Msp Diamond Lake LLC
Entity
Mailing address
PO BOX 250509, ATLANTA, GA 30325-1509
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
45 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
Mdii F2 Msp Diamond Lake LLC
—
Deed
related
$105,478,770 · Wells Fargo Bank NA
Nov 1, 2021
$24,500,000
Mdh F2 Msp Diamond Lake LLC
St Paul Fire And Marine Insurance C
Deed
—
Feb 11, 2019
$20,000,000
St Paul Fire & Marine Ins Co
RT Diamond Lake II LLC
Grant Deed
—
Oct 16, 2018
—
RT Diamond Lake II LLC
—
Deed
related
$17,708,333 · Bank Of America
Nov 20, 2012
$668,641
RT Diamond Lake II LLC
Geneva Arcx Xviii LLC
Grant Deed
—
Nov 20, 2012
$507,053
RT Diamond Lake II LLC
Geneva Arcx Xvii LLC
Grant Deed
—
Nov 20, 2012
$780,079
RT Diamond Lake II LLC
Geneva Arcx V LLC
Grant Deed
—
Nov 20, 2012
$462,500
RT Diamond Lake II LLC
Geneva Arcx Xx LLC
Grant Deed
—
Nov 20, 2012
$334,321
RT Diamond Lake II LLC
Geneva Arcx Xi LLC
Grant Deed
—
Nov 20, 2012
—
Geneva Arcx Xix LLC
Geneva Arcx Xx LLC
Quit Claim Deed
related
—
Nov 20, 2012
$891,571
RT Diamond Lake II LLC
Geneva Arcx Xv LLC
Grant Deed
—
Nov 20, 2012
$566,115
RT Diamond Lake II LLC
Geneva Arcx Xxi LLC
Grant Deed
—
Nov 20, 2012
$459,132
RT Diamond Lake II LLC
Geneva Arcx Ix LLC
Grant Deed
—
Nov 20, 2012
$819,059
RT Diamond Lake II LLC
Geneva Arcx Xix LLC
Grant Deed
—
Nov 20, 2012
$612,921
RT Diamond Lake II LLC
Geneva Arcx Viii LLC
Grant Deed
—
Nov 20, 2012
$579,488
RT Diamond Lake II LLC
Geneva Arcx 11 LLC
Grant Deed
—
Nov 20, 2012
$461,585
RT Diamond Lake II LLC
Geneva Arcx IV LLC
Grant Deed
—
Nov 20, 2012
$908,994
RT Diamond Lake II LLC
Geneva Arcx III LLC
Grant Deed
—
Nov 20, 2012
$906,182
RT Diamond Lake II LLC
Geneva Arcx Xiv LLC
Grant Deed
—
Nov 20, 2012
$555,882
RT Diamond Lake II LLC
Geneva Exchange Fund Xxxii LLC
Grant Deed
—
Nov 20, 2012
$1,179,035
RT Diamond Lake II LLC
Geneva Arcx Xiii LLC
Grant Deed
—
Nov 20, 2012
$4,002,926
RT Diamond Lake II LLC
Geneva Arcx 1 LLC
Grant Deed
—
Nov 20, 2012
$391,156
RT Diamond Lake II LLC
Geneva Arcx X LLC
Grant Deed
—
Oct 25, 2005
$714,492
Geneva Arcx Xviii LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Aug 31, 2005
$684,722
Geneva Arcx Xx LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Aug 31, 2005
$357,246
Geneva Arcx Xxiv LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Aug 31, 2005
$592,437
Geneva Arcx Xxi LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Aug 31, 2005
$541,823
Geneva Arcx Xvii LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Aug 31, 2005
$541,825
Geneva Arcx Xvi LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jul 8, 2005
$968,325
Geneva Arcx Xiv LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jul 8, 2005
$952,656
Geneva Arcy Xv LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 22, 2005
$1,259,888
Geneva Arcx Xiii LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 22, 2005
$357,246
Geneva Arcx Xi LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 22, 2005
$490,618
Geneva Arcx Ix LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 22, 2005
$654,951
Geneva Arcx Viii LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 22, 2005
$714,492
Geneva Arcx Vii LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 13, 2005
$493,238
Geneva Arcx IV LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 13, 2005
$417,978
Geneva Arcx X LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Jun 13, 2005
$833,574
Geneva Arcx V LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
May 27, 2005
$4,277,428
Geneva Arcx I LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
May 27, 2005
$942,780
Geneva Arc Xiii LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
Apr 15, 2005
$598,427
Geneva Arcx II LLC
Geneva Exchange Fund Xxxii LLC
Warranty Deed
—
—
—
RT Diamond Lake II LLC
—
Deed Of Trust
related
$6,388,070 · Ing USA Annunity & Life Ins Co
—
—
RT Diamond Lake II LLC
—
Deed Of Trust
related
$17,708,333 · Bank Of America
—
—
RT Diamond Lake II LLC
—
Deed Of Trust
related
$4,600,000 · Ing USA Annunity & Life Ins Co
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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