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Property profile & analytics
OFF-MARKET
Individual retail properties
219 Elm W St, Norwood Young America, MN 55368-9806
Individually Owned
11-yr Hold
Free & Clear
Property ID
US46-0231489
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1900
Total area
1,620 SF
Lot
0.17 ac (7,405 SF)
APN
58-0500190
UPID
US46-0231489
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
-
KJS LAUNDRY (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kenny Schultz · 11 yrs held
Kenny Schultz
since 2015
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 Norwood Young America submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwood Young America 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,988
Tax year 2024
Assessed value
$377,900
Assessed 2024
Previous assessed
$377,900
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$37,000
Assessed improvement
$340,900
Land market value
$37,000
Improvement market value
$340,900
Total market value
$377,900
Applied tax rate
108.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1900
Heating
OTHER
Buildings
3
Stories
2
Total area
1,620 SF
Lot
0.17 ac (7,405 SF)
APN
58-0500190
UPID
US46-0231489
Jurisdiction
CARVER
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
1900
Heating
OTHER
Stories
2
Buildings
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kenny Schultz
Individual
Free & Clear · 11 yrs held
Mailing address
PO BOX 273, CARVER, MN 55315-0273
Ownership since
2015
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, 2020
—
Kjs Ventures 1 LLC
—
Deed
related
—
Sep 29, 2017
—
Kjs Ventures 1 LLC
—
Deed
related
—
Jan 14, 2015
$195,000
Kenny Schultz
Traxler Gull Lake Estates 2 Ll
Grant Deed
—
Jan 14, 2015
—
Kjs Ventures 1 LLC
Kenny Schultz
Quit Claim Deed
related
$148,000 · Lake Cntry Cmnty Bk
May 30, 2007
—
Young Wood Properties LLC
Lee,randy & Beth
Quit Claim Deed
related
—
Aug 9, 2006
$500
L & R Estates LLC
Junior Estates LLP
Quit Claim Deed
related
—
Jul 21, 2006
$269,900
Randy Lee
L & R Estates LLC
Warranty Deed
$202,425 · First Commercial Bank
—
—
Kjs Ventures 1 LLC
—
Loan Modification
related
—
—
—
Kjs Ventures 1 LLC
—
Loan Modification
related
—
—
—
Kjs Ventures 1 LLC
—
Loan Modification
related
—
—
—
Kjs Ventures 1 LLC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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