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Property profile & analytics
OFF-MARKET
Turn key restaurants
234 Mcboal St, Saint Paul, MN 55102
Entity Owned
2-yr Hold
Free & Clear
Property ID
US46-0185006
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Construction
WOOD FRAME
Total area
11,960 SF
Lot
0.7 ac (30,448 SF)
Zoning code
L
APN
01-28-23-41-0140
UPID
US46-0185006
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bad Weather Brewing LLC · 2 yrs held
Bad Weather Brewing LLC
since 2024
7 recorded transactions
Zoning & alternative use
L · Saint Paul, 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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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 2023Property tax & assessments
Tax year 2023
Tax billed
$45,308
Tax year 2023
Assessed value
$1,451,700
Assessed 2023
Previous assessed
$1,451,700
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$510,800
Assessed improvement
$940,900
Land market value
$510,800
Improvement market value
$940,900
Total market value
$1,451,700
Applied tax rate
625.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1966
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
3
Total area
11,960 SF
Lot
0.7 ac (30,448 SF)
Zoning code
L
APN
01-28-23-41-0140
UPID
US46-0185006
Jurisdiction
RAMSEY
Zoning & alternative use
L · Saint Paul, MN
Zoning L · permitted uses
L · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
3
Lot
0.7 ac
Current owner
From public records · entity-resolved
Bad Weather Brewing LLC
Entity
Free & Clear · 2 yrs held
Mailing address
234 MCBOAL ST, SAINT PAUL, MN 55102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
—
Bad Weather Brewing LLC
414 Industrial LLC
Lease
—
Jan 4, 2024
—
414 Industrial LLC
414 Industrial LLC
Lease
$1,240,000 · Twin Cities Metro Cerified Developm
Dec 9, 2020
—
414 Industrial LLC
—
Deed
related
$1,291,500 · Alliance Bk
Dec 11, 2014
$669,696
414 Industrial LLC
Alliance Bank
Limited Warranty Deed
$1,291,500 · Alliance Bank
Jan 16, 2008
$803,394
Alliance Bank
Weiss,richard D & Lisa A
Warranty Deed
related
—
Jan 19, 2007
$478,000
Richard D Weiss
Weiss,colleen L
Warranty Deed
related
$850,000 · Alliance Bank
—
—
Richard D Weiss
—
Deed Of Trust
related
$50,000 · Alliance Bank
—
—
414 Industrial LLC
—
Loan Modification
related
$1,291,500 · Alliance 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.
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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