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    2258 Como Ave Saint Paul, MN 55108
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    2258 Como Ave Saint Paul, MN 55108

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    • Neighborhood centers
    • 28,358 SF
    • 0.59 lot acres
    For Sale
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    Iconic Mixed-Use Neighborhood Center For Sale
    Contact for pricing
    26,865 SF

    Iconic Mixed-Use Neighborhood Center

    Charming mixed-use center in St. Anthony Park, near University.

    2258 Como Avenue, Saint Paul, MN 55108
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    Property ID
    US46-0880693
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 2258 Como Ave

    Year built
    1903
    Lot size
    0.59 lot acres
    Property size
    28,358 SF
    Property type
    Neighborhood centers
    Property subtype
    Community centers
    APN
    202923420086

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.194505335974
    Latitude
    44.98131963841

    Comparable in this City

    • Contact for pricing

      Iconic Mixed-Use Neighborhood Center

      Charming mixed-use center in St. Anthony Park, near University.
      2258 Como Ave, Saint Paul, MN 55108
      View Details
    • Contact for pricing
      206,665 SF

      Distribution Property with Outdoor Storage

      Distribution property with easy access to major highways.
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      Divisible Site in St. Paul

      10.75-acre site suitable for educational, religious, and residential uses.
      2375 Como Ave, Saint Paul, MN 55108
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      10 SF

      Divisible Site in St. Paul

      10.75-acre site suitable for religious, educational, and residential uses.
      1490 Fulham St, Saint Paul, MN 55108
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      Multifamily Portfolio in Lauderdale, MN

      51-unit multifamily portfolio in a central Twin Cities location.
      1634 Eustis St, Lauderdale, MN 55108
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      28,650 SF

      St. Paul Warehouse with Storage

      Warehouse with easy access to major routes and amenities.
      1835 Energy Park Dr, Saint Paul, MN 55108
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    Similar Nearby for Sale

    • Contact for pricing

      Iconic Mixed-Use Neighborhood Center

      Charming mixed-use center in St. Anthony Park, near University.
      2258 Como Ave, Saint Paul, MN 55108
      View Details
    • Contact for pricing
      206,665 SF

      Distribution Property with Outdoor Storage

      Distribution property with easy access to major highways.
      2565-2575 Kasota Ave, Saint Paul, MN 55108
      View Details
    • Contact for pricing

      Divisible Site in St. Paul

      10.75-acre site suitable for educational, religious, and residential uses.
      2375 Como Ave, Saint Paul, MN 55108
      View Details
    • Contact for pricing
      10 SF

      Divisible Site in St. Paul

      10.75-acre site suitable for religious, educational, and residential uses.
      1490 Fulham St, Saint Paul, MN 55108
      View Details
    • Contact for pricing

      Multifamily Portfolio in Lauderdale, MN

      51-unit multifamily portfolio in a central Twin Cities location.
      1634 Eustis St, Lauderdale, MN 55108
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      28,650 SF

      St. Paul Warehouse with Storage

      Warehouse with easy access to major routes and amenities.
      1835 Energy Park Dr, Saint Paul, MN 55108
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      Oscar Johnson Arena Parking Lot

      Parking lot with 30 stalls near Energy Park Drive.
      1039 De Courcy Cir, Saint Paul, MN 55108
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    • $13 SF/Yr
      680 SF

      Retail or Office Second Floor

      680 SF suite ideal for retail or office use.
      2230 Como Ave, Saint Paul, MN 55108
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    • $48 SF/Yr
      395 SF

      Retail Space with Street Exposure

      Retail suite featuring hardwood floors, fireplace, and street exposure.
      2232-2238 Como Ave, Saint Paul, MN 55108
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      23,999 SF

      Saint Paul Office Space Available

      Office and coworking space available for lease in Saint Paul.
      1771 Energy Park Dr, Saint Paul, MN 55108
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      8,177 SF

      High Image Office/Warehouse Space

      75,471 SF office/warehouse with highway visibility and flexible terms.
      2530-2570 Kasota Ave, Saint Paul, MN 55108
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      10,659 SF

      St. Paul Office Plaza

      Office space in St. Paul's Midway district available for rent.
      1625 Energy Park Dr, Saint Paul, MN 55108
      View Details
    View Listing
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    2258 Como Ave
    Saint Paul, MN 55108
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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.

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