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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Investment properties
2190 County Rd Ew, New Brighton, MN 55112-7196
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US46-0723846
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1979
Construction
WOOD FRAME
Total area
6,301 SF
Lot
6.11 ac (266,282 SF)
Zoning code
I
APN
30-30-23-43-0021
UPID
US46-0723846
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
$850k
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$820k
Owner & transaction history
Cr New Brighton Acquisition Ll · 10 yrs held
Cr New Brighton Acquisition Ll
since 2016
2 recorded transactions
Zoning & alternative use
I · New Brighton, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+178.8%
Auto repair, garage
$1.3M
+167.7%
Neighborhood: shopping center
$1.1M
+121.6%
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 New Brighton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Brighton 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
$850,000
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
RESTAURANT
$1,330,000
Change: +179% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,275,000
Change: +168% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Change: +122% · Conversion: Difficult
MEDICAL BUILDING
$930,000
Change: +95% · Conversion: Easy
WAREHOUSE, STORAGE
$725,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: +45% · Conversion: Easy
RETAIL STORES
$645,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$130 / 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
$60,108
Tax year 2023
Assessed value
$7,218,800
Assessed 2023
Previous assessed
$7,218,800
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$1,120,000
Assessed improvement
$6,098,800
Land market value
$1,120,000
Improvement market value
$6,098,800
Total market value
$7,218,800
Applied tax rate
621.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
2
Units
6
Total area
6,301 SF
Lot
6.11 ac (266,282 SF)
Zoning code
I
APN
30-30-23-43-0021
UPID
US46-0723846
Jurisdiction
RAMSEY
Zoning & alternative use
I · New Brighton, MN
Zoning I · permitted uses
I · New Brighton, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Brighton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$930,000
WAREHOUSE, STORAGE
Est. value
$725,000
OFFICE BUILDING
Est. value
$690,000
RETAIL STORES
Est. value
$645,000
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1979
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
2
Units
6
Lot
6.11 ac
Current owner
From public records · entity-resolved
Cr New Brighton Acquisition Ll
Individual
Mailing address
60 COLUMBUS CIR FL #18, NEW YORK, NY 10023-5802
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2016
$15,750,000
Cr New Brighton Acquisition Ll
Crossroads Of New Brighton
Quit Claim Deed
related
$18,000,000 · Housing Fin Agcy
Apr 22, 2016
—
Cr New Brighton Acquisition Ll
Crossroads Of New Brighton
Quit Claim Deed
related
$18,000,000 · Housing Fin Agcy
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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