Entity Owned Property summary
AI-generated overview
The property is a 3,997-square-foot quick-service restaurant building situated on a 1.23-acre lot with customer parking and a drive-through lane, configured for restaurant operations. It is located directly off Highway 36, providing vehicular access to the broader Twin Cities metro area via major highways. The site supports long-term franchise-style tenancy history, with operations reported as ongoing for more than 36 years under a Burger King location, and is managed by a third-party operator. Surrounding land use includes an area characterized by reported steady population growth and demographics including a 5-mile population exceeding 175,000 and average household income exceeding $109,000. The property is described as a triple-net (NNN) investment structure, indicating the lease arrangement is commonly designed to shift many operating responsibilities to the tenant, though specific current lease terms are not stated here.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Construction
WOOD FRAME
Total area
3,997 SF
Lot
1.23 ac (53,753 SF)
Zoning code
I
APN
12-29-22-11-0083
UPID
US46-0635479
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
$260k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$330k
Owner & transaction history
since 2025
3 recorded transactions
Zoning & alternative use
I · North St Paul, 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.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$330k
Value range
$297k – $363k
±10% around blend
Estimated value / SF
$83 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$297k
blend $330k
$363k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,997 SF
Lot area
1.23 ac
Year built
1987
APN
12-29-22-11-0083
Zoning
I
Assessed value
$1,333,500
Annual tax
$37,342
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$330k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$211
-61%
County 45 sales
$198
-58%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $83/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
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
Market rates by use type
PDF export
Professional Plan · 30 reports
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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$1.33M
Move the market yield to see immediate price impact.
Value / SF
$334
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%
$84k
$1.68M
$1.20M
$933k
$93k
$1.87M
$1.33M
$1.04M
$103k
$2.05M
$1.47M
$1.14M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,342
Tax year 2023
Assessed value
$1,333,500
Assessed 2023
Previous assessed
$1,159,600
+15.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$645,100
Assessed improvement
$688,400
Land market value
$645,100
Improvement market value
$688,400
Total market value
$1,333,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1987
Construction
WOOD FRAME
Heating
YES
Cooling
CENTRAL
Total area
3,997 SF
Lot
1.23 ac (53,753 SF)
Zoning code
I
APN
12-29-22-11-0083
UPID
US46-0635479
Jurisdiction
RAMSEY
Zoning & alternative use
I · North St Paul, MNZoning I · permitted uses
I · North St Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1987
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Lot
1.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
North St Paul, MN
Recorded code
I
Ownership Intelligence
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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
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Owner of record and activity signals are derived from public records and modeled classifications.
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