New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,710,000
Industrial properties
2415 Xenium N Ln, Plymouth, MN 55441
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-1033492
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
CONCRETE BLOCKS
Lot
3.6 ac (156,816 SF)
APN
27-118-22-21-0001
UPID
US46-1033492
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
$7.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.71M
Owner & transaction history
2405 Xenium Lane LLC · 3 yrs held
2405 Xenium Lane LLC
since 2022
Last sale
$7.7M
6 recorded transactions
Zoning & alternative use
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 Plymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth 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
$7,565,000
ML approach
$7,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.71M
Range $6.94M – $8.48M · ±10% · vs last sale $7.70M (Oct 3 2022)
Last sale anchor
$7.70M
Oct 3 2022
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
—
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
$209,242
Tax year 2023
Assessed value
$7,590,000
Assessed 2023
Previous assessed
$5,322,000
+42.6% YoY
Effective rate
2.76%
On assessed value
Assessed land
$1,255,000
Assessed improvement
$6,335,000
Land market value
$1,255,000
Improvement market value
$6,335,000
Total market value
$7,590,000
Applied tax rate
284.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Lot
3.6 ac (156,816 SF)
APN
27-118-22-21-0001
UPID
US46-1033492
Jurisdiction
HENNEPIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Lot
3.6 ac
Current owner
From public records · entity-resolved
2405 Xenium Lane LLC
Entity
Mailing address
372 S EAGLE RD, EAGLE, ID 83616-5908
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
$7,700,000
2405 Xenium Lane LLC
Xenium 55 LLC
Warranty Deed
$5,005,000 · Minnwest Bank
Jul 27, 2020
$4,760,000
Xenium 55 LLC
Ted Glasrud Associates Mn LLC
Warranty Deed
$3,808,000 · Royal Cu
May 12, 2010
$500
Ted Glasrud Associates Mn LLC
Ted Glasrud Associates Fl LLC
Grant Deed
related
—
Oct 4, 2006
$4,250,000
Ted Glasrud Assocs Of Deland Fl I
Firstcal Indl 2 Acquisition L
Warranty Deed
—
Jan 18, 2006
$134,541,423
Indl 2 Acquisition L Firstcal
Duke Realty
Warranty Deed
—
Jan 8, 1999
$2,647
Duke Realty LP
Massachusetts Mutual Life Ins
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2415 Xenium N Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
