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Property profile & analytics
OFF-MARKET
Office buildings
222 Monroe St Anoka, MN 55303-2459
Entity Owned
15-yr Hold
Free & Clear
Property ID
US46-3184317
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1916
Construction
WOOD FRAME
Total area
4,116 SF
Lot
0.3 ac (13,068 SF)
Zoning code
B-4
APN
07-31-24-22-0086
UPID
US46-3184317
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
-
West Title Title Company
-
CMT Janitorial Services Commercial Cleaning Service
-
Epic Realty Inc. Real Estate Agency
-
Wild Construction Roofing Company General Contractor
-
Rum River Massage and Meditation Alternative Medicine Practice Spa & Massage Center
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
222 LLC · 15 yrs held
222 LLC
since 2010
7 recorded transactions
Zoning & alternative use
B-4 · Anoka, MN
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 Anoka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anoka 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
$10,545
Tax year 2024
Assessed value
$393,500
Assessed 2024
Previous assessed
$393,500
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$120,200
Assessed improvement
$273,300
Land market value
$120,200
Improvement market value
$273,300
Total market value
$393,500
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1916
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
4,116 SF
Lot
0.3 ac (13,068 SF)
Zoning code
B-4
APN
07-31-24-22-0086
UPID
US46-3184317
Jurisdiction
ANOKA
Zoning & alternative use
B-4 · Anoka, MN
Zoning B-4 · permitted uses
B-4 · Anoka, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Anoka. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1916
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
222 LLC
Entity
Free & Clear · 15 yrs held
Mailing address
222 MONROE ST, ANOKA, MN 55303-2459
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2018
—
222 LLC
—
Deed
related
$100,000 · Bank Of Elk River
Nov 13, 2012
—
222 LLC
—
Trustees Deed
related
$100,000 · Bank Of Elk River
Nov 16, 2010
$140,000
222 LLC
Lake Elmo Bk
Grant Deed
—
May 4, 2009
$118,558
Lake Elmo Bank
Sheriff Of The County Anoka
Grant Deed
related
—
Nov 12, 2008
$118,558
Lake Elmo Bank
Sheriff Of Anoka County
Trustees Deed
related
—
—
—
222 LLC
—
Loan Modification
related
$100,000 · Bank Of Elk River
—
—
Tsm Dev INC
—
Deed Of Trust
related
$200,000 · Lake Elmo Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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