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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Grocery and convenience stores
2519 Lyndale N Ave Faribault, MN 55021-2612
Entity Owned
8-yr Hold
Free & Clear
Property ID
US46-1452089
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Total area
7,450 SF
Lot
8.8 ac (383,328 SF)
APN
18.24.3.01.002
UPID
US46-1452089
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
Current use
Occupant on record · Public records
-
Speedway Gas Station
-
Wells Fargo ATM Atm
-
Truckers Inn Truck Stop Parking Lot & Garage Gas Station
-
FedEx Drop Box Postal Service Courier Service
-
Speedway Travel Plaza Parking Lot & Garage Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$740k
Owner & transaction history
Northern Tier Retail LLC · 8 yrs held
Northern Tier Retail LLC
since 2017
2 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 Faribault submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Faribault 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,125,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$815,000
Change: 0% · Conversion: Difficult
RESTAURANT
$780,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$715,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$695,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$660,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$99 / 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
$43,706
Tax year 2024
Assessed value
$1,624,200
Assessed 2024
Previous assessed
$1,624,200
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$660,000
Assessed improvement
$964,200
Land market value
$660,000
Improvement market value
$964,200
Total market value
$1,624,200
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Heating
NONE
Buildings
4
Stories
1
Total area
7,450 SF
Lot
8.8 ac (383,328 SF)
APN
18.24.3.01.002
UPID
US46-1452089
Jurisdiction
RICE
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
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$815,000
RESTAURANT
Est. value
$780,000
RETAIL STORES
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$695,000
MEDICAL BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1978
Heating
NONE
Stories
1
Buildings
4
Lot
8.8 ac
Current owner
From public records · entity-resolved
Northern Tier Retail LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1250 W WASHINGTON ST STE #101, TEMPE, AZ 85288-1794
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2017
$1,700,000
Northern Tier Retail LLC
Truckers Inn INC
Warranty Deed
—
Sep 23, 2010
$1,500,000
Truckers Inn INC
Truckers Inn Travel Plaza LLC
Warranty Deed
related
$7,900,000 · Didd INC
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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