Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2385 Troop Dr Sartell, MN 56377-4724

    • Commercial real estate
    • 2,406 SF
    • 2.23 lot acres
    OFF-MARKET
    Last Sale
    Jul 21, 2021
    $400,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-1234866
    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.

    Current Use by Public Records

    • Persona Dental / Dental Office
    • Troy A. Schmitz DDS / Dental Office
    • Dr. Dorothy Soukup / Physician / Medical Clinic
    • James Rudolph Tuorila / Physician / Medical Clinic
    • Tech Check Corporate Office / IT Consulting Firm / (Bike/Boat/Book/etc) Store

    Property Details for 2385 Troop Dr

    Year built
    2007
    Construction
    WOOD
    Lot size
    2.23 lot acres
    Property size
    2,406 SF
    Property type
    Commercial real estate
    APN
    92.57044.0396
    APU
    92570440396

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Sartell
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.2222
    Latitude
    45.5879
    CBSA code
    41060
    CBSA name
    ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,356
    $97,300
    $256,100
    $353,400
    -
    $97,300
    $256,100
    $353,400

    Comparable in this City

    • Value Estimation by Request
      6.09 Acres

      15 Co Rd

      Land • 6.09 Acres
      15 Co Rd, Sartell, MN 56377
      View Details
    • Value Estimation by Request
      1.92 Acres

      111 14th E Ave

      COMMERCIAL (GENERAL) • 1.92 Acres
      111 14th E Ave, Sartell, MN 56377-4644
      View Details
    • Value Estimation by Request
      0.82 Acres

      121 14th E Ave

      COMMERCIAL (GENERAL) • 0.82 Acres
      121 14th E Ave, Sartell, MN 56377-4644
      View Details
    • Value Estimation
      $5,785,000
      32,861 SF

      1901 Connecticut S Ave

      COMMERCIAL (GENERAL) • 32,861 SF
      1901 Connecticut S Ave, Sartell, MN 56377-2554
      View Details
    • Value Estimation
      $1,215,000
      8,777 SF

      2180 Troop Dr

      COMMERCIAL (GENERAL) • 8,777 SF
      2180 Troop Dr, Sartell, MN 56377-7504
      View Details
    • Value Estimation
      $785,000
      5,248 SF

      125 Twin Rivers Ct

      COMMERCIAL (GENERAL) • 5,248 SF
      125 Twin Rivers Ct, Sartell, MN 56377-2144
      View Details

    Similar Nearby for Sale

    • $2,573,525
      8.44 Acres

      Sartell Commercial Land - 8.44 Acres

      Prime 8.44-acre commercial land, divisible, highway visibility.
      150 19Th St, Sartell, MN 56377
      View Details
    • $1,850,000
      6.09 Acres

      Sartell Commercial Land - Hwy 15

      Prime 6-acre commercial lot, high visibility.
      15 County Road 1, Sartell, MN 56377
      View Details
    • $325,000
      1.28 Acres

      Medical Office Land - Sartell, MN

      Prime 1.28-acre medical office site.
      150 19Th St, Sartell, MN 56377
      View Details
    • $975,000
      10.85 Acres

      Sartell Commercial Land - Prime Location

      10.85 Acres, High-Growth Area, $975,000
      1226 3Rd St, Sartell, MN 56377
      View Details
    • $1,000,000
      6,000 SF

      Sartell Office Building - Great Location

      6,000 sq ft Office Building, High Visibility
      304 1St Ave, Sartell, MN 56377
      View Details
    • $229,900
      1,275 SF

      Move-In Ready Townhome with Garage

      Two-bedroom, two-bath townhome with updated kitchen and heated garage.
      1337 Tennessee Dr, Sartell, MN 56377
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      2,000 SF

      Sartell Office Space For Lease

      Well-maintained office space in a growing community, flexible floor plan.
      1101 2Nd St S, Sartell, MN 56377
      View Details
    • Contact for pricing
      4,409 SF

      Sartell Office Space Available

      Office suites available in a rapidly developing Sartell corridor.
      2351 Connecticut Ave S, Sartell, MN 56377
      View Details
    • $2,000 /Mo
      2,464 SF

      Sartell Office Space Available

      Professionally finished office space with abundant natural light in Sartell.
      2151 Troop Dr, Sartell, MN 56377
      View Details
    • Contact for pricing
      16,144 SF

      Retail Space in Epic Center

      Retail spaces available in a newer development off Highway 15.
      101 Co Rd, Sartell, MN 56377
      View Details
    • Contact for pricing
      6 SF

      98-Acre Development with Retail Space

      98-acre development with retail, office, and dining opportunities.
      County Road 120, Sartell, MN 56377
      View Details
    • $18 SF/Yr
      3,225 SF

      Retail and Restaurant Opportunity

      Prime retail and restaurant spaces available for lease in Sartell.
      1733 Pine Cone Rd South, Sartell, MN 56377
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2385 Troop Dr
    Sartell, MN 56377-4724
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.