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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Warehouses
2075 Prosperity Rd, Maplewood, MN 55109-3621
Entity Owned
~
Est. High Equity
Property ID
US46-0076220
Property summary
AI-generated overview
This exceptional 15,605 square foot Class B flex building, located at 2075 Prosperity Rd in Maplewood, Minnesota (zip code 55109), presents a unique owner-user opportunity. Built and renovated in 2000, this mixed-use property boasts 12,505 square feet of net rentable space and sits on a parcel with APN 152922120030. The building features a permitted Mixed-Use (MU) zoning designation, providing versatility for various business needs. The property includes a climate-controlled interior, enhanced in 2023 with the installation of four new rooftop units. Loading capabilities are provided by one 12' x 12' dock and one 10' x 12' drive-in. The warehouse area offers a 16-foot clear height, maximizing storage and operational efficiency. Ample parking is available with 25 stalls. Energy efficiency is a key feature, highlighted by the installation of solar panels and LED lighting throughout the warehouse. This well-maintained building offers a compelling combination of functionality, location, and modern upgrades, making it an ideal investment for a discerning buyer. The property is situated in Ramsey County and offers excellent access to major transportation routes.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
17,828 SF
Lot
1.45 ac (63,206 SF)
APN
15-29-22-12-0030
UPID
US46-0076220
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
$1.68M
Blend (final)
Blend
$1.71M
Owner & transaction history
N&v Property LLC
N&v Property LLC
since 2025
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.6M
+27.9%
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 Maplewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maplewood 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
WAREHOUSE, STORAGE
$2,055,000
Current use
MEDICAL BUILDING
$2,625,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$1,950,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$1,825,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$96 / 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
$44,618
Tax year 2023
Assessed value
$1,668,700
Assessed 2023
Previous assessed
$1,382,900
+20.7% YoY
Effective rate
2.67%
On assessed value
Assessed land
$379,300
Assessed improvement
$1,289,400
Land market value
$379,300
Improvement market value
$1,289,400
Total market value
$1,668,700
Applied tax rate
622.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Heating
STEAM
Buildings
3
Total area
17,828 SF
Lot
1.45 ac (63,206 SF)
APN
15-29-22-12-0030
UPID
US46-0076220
Jurisdiction
RAMSEY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1972
Heating
STEAM
Buildings
3
Lot
1.45 ac
Current owner
From public records · entity-resolved
N&v Property LLC
Entity
Mailing address
PO BOX 9099, MAPLEWOOD, MN 55109-0099
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
$1,790,000
N&v Property LLC
Sun Companies LLC
Deed
$1,874,800 · First Bank & Trust
Apr 4, 2018
—
Sun Companies LLC
—
Deed
related
$376,242 · Premier Bk
Dec 17, 2008
$1,100,000
Sun Companies LLC
Prosperity Ents INC
Warranty Deed
$562,500 · Premier Bank
—
—
Sun Companies LLC
—
Loan Modification
related
$376,242 · Premier Bk
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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