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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Parking lots & garages
25638 475th Ave Renner, SD 57055-6524
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US79-0083044
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1980
Construction
FRAME
Total area
2,792 SF
Lot
57.07 ac (2,485,969 SF)
Zoning code
RR
APN
15177
UPID
US79-0083044
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
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$881k
Blend (final)
Blend
$980k
Owner & transaction history
Mario Gourde · 1 yrs held
Mario Gourde
since 2024
Last sale
$978,000
7 recorded transactions
Zoning & alternative use
RR · Renner, SD
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 Renner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renner 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
$980,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $978k (Jul 24 2024)
Last sale anchor
$978k
Jul 24 2024
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
$351 / 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
$9,462
Tax year 2024
Assessed value
$656,600
Assessed 2023
Previous assessed
$487,400
+34.7% YoY
Effective rate
1.44%
On assessed value
Assessed land
$263,700
Assessed improvement
$392,900
Applied tax rate
23,492.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
YES
Buildings
6
Stories
1
Total area
2,792 SF
Lot
57.07 ac (2,485,969 SF)
Zoning code
RR
APN
15177
UPID
US79-0083044
Jurisdiction
MINNEHAHA
Zoning & alternative use
RR · Renner, SD
Zoning RR · permitted uses
RR · Renner, SD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
YES
Stories
1
Buildings
6
Lot
57.07 ac
Current owner
From public records · entity-resolved
Mario Gourde
Individual
Free & Clear · 1 yrs held
Mailing address
2201 STONE GATE CT, ABERDEEN, SD 57401-3256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
$85,000
Mario Gourde
Billy D Peterson
Warranty Deed
—
Jul 24, 2024
$978,000
Travis William Shoemaker
Premiere Builders INC
Warranty Deed
$924,000 · First Federal Bank
Jul 1, 2024
—
Billy D Peterson
—
Deed
related
$295,000 · Cortrust Mortgage
May 6, 2024
$600,000
Gary L Martin
Jrc Construction LLC
Warranty Deed
—
May 2, 2024
—
Dean Meyerink
Billy D Peterson
Warranty Deed
—
Jan 19, 2024
$102,500
James Roehl
Billy D Peterson
Warranty Deed
—
Sep 15, 2023
$102,500
Premiere Builders INC
Billy D Peterson
Warranty Deed
$102,500 · Quoin Financial Bank
Sep 11, 2023
$102,500
Derek Dyce
Billy D Peterson
Warranty Deed
—
Jun 23, 2023
$144,000
Chanel Hardin
Billy D Peterson
Warranty Deed
—
Jun 1, 2023
$105,500
Jrc Construction LLC
Billy D Peterson
Warranty Deed
$363,280 · Reliabank Dakota
Aug 22, 2022
—
Billy D Peterson
—
Deed
related
$180,000 · Cortrust Bank NA
Mar 8, 2022
—
Billy D Peterson
—
Deed
related
$1,000,000 · Cortrust Bank NA
Feb 2, 2021
—
Billy D Peterson
—
Deed
related
$250,000 · Cortrust Bank NA
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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