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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    203 14th S Ave South Saint Paul, MN 55075

    • Office buildings
    • 6,770 SF
    • 0.23 lot acres
    OFF-MARKET
    Last Sale
    Apr 19, 2022
    $73,000
    Value Estimations
    $65,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-0629768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 203 14th S Ave

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.23 lot acres
    Property size
    6,770 SF
    Zone code
    R
    Property type
    Office buildings
    APN
    36-83900-10-295
    APU
    368390010295

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $65,000
      ML approach
      $55,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.0509
    Latitude
    44.8888
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,290
    $76,300
    $318,000
    $394,300
    -
    $76,300
    $318,000
    $394,300

    Comparable in this City

    • Value Estimation
      $460,000
      3,208 SF

      1201 Concord S St

      OFFICE BUILDING • 3,208 SF
      1201 Concord S St, South Saint Paul, MN 55075-5600
      View Details
    • Value Estimation
      $305,000
      6,696 SF

      621 Marie Ave

      OFFICE BUILDING • 6,696 SF
      621 Marie Ave, South Saint Paul, MN 55075-2039
      View Details
    • Value Estimation
      $295,000
      7,548 SF

      680 Verdosa Ave

      OFFICE BUILDING • 7,548 SF
      680 Verdosa Ave, South Saint Paul, MN 55075
      View Details
    • Value Estimation
      $350,000
      12,968 SF

      105 Hardman Ct

      OFFICE BUILDING • 12,968 SF
      105 Hardman Ct, South Saint Paul, MN 55075-2468
      View Details
    • Value Estimation
      $1,235,000
      12,720 SF

      820 Concord N St

      OFFICE BUILDING • 12,720 SF
      820 Concord N St, South Saint Paul, MN 55075-1100
      View Details
    • Value Estimation
      $235,000
      2,194 SF

      100 Bridgepoint Way

      OFFICE BUILDING • 2,194 SF
      100 Bridgepoint Way, South Saint Paul, MN 55075-2426
      View Details

    Similar Nearby for Sale

    • $340,000
      2,264 SF

      Retail/Office Building For Sale

      Retail/Office building with convenient access to major highways.
      444 12Th Ave N, South St Paul, MN 55075
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    • $550,000

      Spacious Furnished Office Near I-494

      Large, furnished office space with conference rooms and ample parking.
      100 Bridgepoint Dr, South Saint Paul, MN 55075
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    • $260,000
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      Commercial Building in South Saint Paul

      Stand-alone commercial building suitable for retail or office use.
      727 Marie Ave, South Saint Paul, MN 55075
      View Details
    • $450,000
      0.07 Acres

      Downtown South St. Paul Opportunity

      Retail or office space in premier downtown South St. Paul.
      625 Southview Blvd, South Saint Paul, MN 55075
      View Details
    • $79,000
      0.11 Acres

      Residential Lots Near Downtown St. Paul

      Two residential lots with highway access and nearby amenities.
      1425 Evans Ave, South Saint Paul, MN 55075
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    • $2,275,000
      9,963 SF

      Retail Property with Recent Improvements

      Well-located retail property with great access and recent improvements.
      103 Concord Exchange N, South St Paul, MN 55075
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    Similar Nearby for Lease

    • $15 SF/Yr
      1,761 SF

      Versatile Office Suite For Rent

      Office suite with open layout, storage, and convenient location.
      520-522 Concord St N, South St Paul, MN 55075
      View Details
    • $29 SF/Yr
      203 SF

      Flex Space Available For Rent

      Flex space in South St. Paul, gross lease includes utilities.
      820 Concord St N, South St Paul, MN 55075
      View Details
    • Contact for pricing
      17,670 SF

      South St Paul Warehouse Space

      17,670 SF warehouse space with showroom and wash bay.
      1111 Concord St S, South St Paul, MN 55075
      View Details
    • Contact for pricing

      Commercial Land Near Bremer Bank

      Pad sites available near Bremer Bank with high visibility.
      633 Concord St S, South St Paul, MN 55075
      View Details
    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in South Saint Paul.
      270 Bridgepoint Dr, South Saint Paul, MN 55075
      View Details
    • Contact for pricing
      80,000 SF

      Southview Shopping Center Opportunity

      Retail spaces available, high visibility.
      225 13Th Ave, South Saint Paul, MN 55075
      View Details
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    South Saint Paul, MN 55075
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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