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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
25 Central E Ave, Saint Michael, MN 55376-9520
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US46-2484049
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
WOOD
Total area
8,096 SF
Lot
0.43 ac (18,731 SF)
APN
114-022-006010
UPID
US46-2484049
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
$625k
Blend (final)
Blend
$600k
Owner & transaction history
St Michael Post 567 Dept Of Minn · 15 yrs held
St Michael Post 567 Dept Of Minn
since 2011
7 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 Saint Michael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Michael 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$950,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$945,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
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
$74 / SF
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
$11,148
Tax year 2024
Assessed value
$960,600
Assessed 2024
Previous assessed
$960,600
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$165,600
Assessed improvement
$795,000
Land market value
$165,600
Improvement market value
$795,000
Total market value
$960,600
Applied tax rate
1,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,096 SF
Lot
0.43 ac (18,731 SF)
APN
114-022-006010
UPID
US46-2484049
Jurisdiction
WRIGHT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$945,000
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
St Michael Post 567 Dept Of Minn
Entity
Mailing address
25 CENTRAL AVE E, SAINT MICHAEL, MN 55376-9520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2011
$750,000
St Michael Post 567 Dept Of Minn
Tmg Investments LLC
Warranty Deed
$250,000 · Great Northern Bank
May 16, 2007
$1,170,000
Tmg Investments LLC
Akashlina INC
Warranty Deed
$709,500 · Great Northern Bank
Aug 7, 2006
$815,000
Akashlina INC
Vetsch,russell A & Lynn M
Warranty Deed
$723,200 · Stearns Bank NA
—
—
Tmg Investments LLC
—
Deed Of Trust
related
$400,000 · Wayne Fleck
—
—
Post Number 567 Dep St. Michael
—
Loan Modification
related
$294,574 · Great Northern Bank
—
—
Post 567 St Michae St. Michael
—
Deed Of Trust
related
$60,500 · Gordon & Mary Duncombe
—
—
Tmg Investments LLC
—
Deed Of Trust
related
$585,000 · Twin Cities-metro Cert Dev Co
—
—
St Michael Post Number 567 Dep
—
Deed Of Trust
related
$30,000 · Great Nrthn Bk
—
—
St Michael Post 567 Dept Of Minn
—
Loan Modification
related
—
—
—
St Michael Post Number 567
—
Loan Modification
related
—
—
—
St Michael Post Number 567 Dep
—
Loan Modification
related
—
—
—
Akashlina INC
—
Deed Of Trust
related
$150,000 · Great Northern 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.
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