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For Lease
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2501 Marshall St Northeast, Minneapolis, MN 55418
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Property summary
AI-generated overview
This hospitality entertainment property is located in Northeast Minneapolis on a 0.99-acre lot. It was previously operated as Betty Danger’s and includes an established amusement/entertainment configuration associated with a ferris wheel and a mini-golf component. The site functions as an inside-and-outside venue with an entertainment-focused land use, and it is positioned within a high-activity area near dense residential and retail demand drivers as well as a nearby riverfront setting. The property’s facilities and outdoor entertainment elements make it suitable for hospitality uses such as a sports bar or similar entertainment-oriented venue.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Construction
CONCRETE
Total area
7,933 SF
Lot
0.48 ac (20,909 SF)
Zoning code
C2
APN
10-029-24-14-0018
UPID
US46-0867876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
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
since 2024
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
C2 · Minneapolis, MN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
7,933 SF
Lot area
0.48 ac
Year built
1984
Stories
1
APN
10-029-24-14-0018
Zoning
C2
Assessed value
$1,100,700
Annual tax
$34,169
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.61M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.1 mi away · 6,492 SF
3.8 mi away · 6,552 SF
5.1 mi away · 7,551 SF
7.6 mi away · 6,218 SF
8.4 mi away · 9,360 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 43 sales
$130
+56%
Submarket 1192 sales
$151
+35%
County 1276 sales
$160
+27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $203/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.50M
Move the market yield to see immediate price impact.
Value / SF
$441
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$221k
$4.41M
$3.15M
$2.45M
$245k
$4.90M
$3.50M
$2.72M
$270k
$5.39M
$3.85M
$2.99M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$500k
2.1 mi · Feb 2026 · $89/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$34,169
Tax year 2023
Assessed value
$1,100,700
Assessed 2023
Previous assessed
$957,000
+15.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$326,800
Assessed improvement
$773,900
Land market value
$326,800
Improvement market value
$773,900
Total market value
$1,100,700
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1984
Construction
CONCRETE
Heating
FORCED AIR
Stories
1
Total area
7,933 SF
Lot
0.48 ac (20,909 SF)
Zoning code
C2
APN
10-029-24-14-0018
UPID
US46-0867876
Jurisdiction
HENNEPIN
Zoning & alternative use
C2 · Minneapolis, MNZoning C2 · permitted uses
C2 · Minneapolis, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
FORCED AIR
Stories
1
Lot
0.48 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Minneapolis, MN
Recorded code
C2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Minneapolis, MN.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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