Individually Owned 
For Lease
1 / 2
Contact for pricing
2520 White Bear Ave N, Maplewood, MN 55109
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Property summary
AI-generated overview
The property is a 10,001-square-foot retail space configured for commercial use. It is positioned for high visibility and is located at a signalized intersection, with available building and pylon signage. Off-street parking is provided with 100 spaces. The site offers access to White Bear Avenue and Highway 36, and the surrounding area includes established retail and service tenants such as Hy-Vee, Caribou Coffee, Home Depot, Goodwill, Chipotle, Cub Foods, Burger King, and Rejuvenation MedSpa.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
WOOD FRAME
Total area
14,638 SF
Lot
4.03 ac (175,547 SF)
APN
11-29-22-24-0032
UPID
US46-0464521
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Physician
-
Physician
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.23M
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$2.25M
Owner & transaction history
since 2020
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$3.1M
+92.8%
Auto repair, garage
$3.0M
+85.1%
Neighborhood: shopping center
$2.5M
+53.3%
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.25M
Value range
$2.03M – $2.48M
±10% around blend
Estimated value / SF
$154 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
30
$2.03M
blend $2.25M
$2.48M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,638 SF
Lot area
4.03 ac
Year built
2002
APN
11-29-22-24-0032
Assessed value
$2,399,800
Annual tax
$68,260
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.86M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.09M
@ 6.5% CAP return
$2.86M
@ 7% CAP return
$2.65M
4
Sales comparison
Partial preview
Sales approach indication
$3.02M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.5 mi away · 13,000 SF
20.6 mi away · 16,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.25M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 196 sales
$109
+40%
County 129 sales
$101
+52%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $154/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+93%
vs current-use indication
Auto Repair, Garage
Neighborhood: Shopping Center
Medical Building
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.20%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.20%
9.0%
NOI (est.)
$175k *
Last sale · Oct 2020
$2.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.13M
Move the market yield to see immediate price impact.
Value / SF
$146
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
7.70%8.20%8.70%
$158k
$2.05M
$1.92M
$1.81M
$175k
$2.27M
$2.13M
$2.01M
$193k
$2.50M
$2.35M
$2.21M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.65M
12.9 mi · Mar 2026 · $235/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,260
Tax year 2023
Assessed value
$2,399,800
Assessed 2023
Previous assessed
$2,085,000
+15.1% YoY
Effective rate
2.84%
On assessed value
Assessed land
$1,037,800
Assessed improvement
$1,362,000
Land market value
$1,037,800
Improvement market value
$1,362,000
Total market value
$2,399,800
Applied tax rate
622.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2002
Construction
WOOD FRAME
Heating
STEAM
Buildings
3
Total area
14,638 SF
Lot
4.03 ac (175,547 SF)
APN
11-29-22-24-0032
UPID
US46-0464521
Jurisdiction
RAMSEY
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
WOOD FRAME
Heating
STEAM
Buildings
3
Lot
4.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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