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Property profile & analytics
FOR SALE
Industrial properties
260 5Th Ave NE, Isanti, MN 55040
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-1515584
For Sale
1 / 4
$1,731,481
260 5Th Ave NE, Isanti, MN 55040
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2021
Construction
WOOD
Total area
576 SF
Lot
1.14 ac (49,658 SF)
APN
16.029.0500
UPID
US46-1515584
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fillmore Apartments LLC · 3 yrs held
Fillmore Apartments LLC
since 2022
Last sale
$160,871
7 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 Isanti submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Isanti 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,445
Tax year 2022
Assessed value
$298,500
Assessed 2023
Previous assessed
$298,500
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$186,200
Assessed improvement
$112,300
Land market value
$186,200
Improvement market value
$112,300
Total market value
$298,500
Applied tax rate
1,601.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Sale
Year built
2021
Construction
WOOD
Heating
NONE
Total area
576 SF
Lot
1.14 ac (49,658 SF)
APN
16.029.0500
UPID
US46-1515584
Jurisdiction
ISANTI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
NONE
Lot
1.14 ac
Current owner
From public records · entity-resolved
Fillmore Apartments LLC
Entity
Mailing address
670 LK PNE DR, SAINT PAUL, MN 55126-1255
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
$1,608,839
Fillmore Apartments LLC
Coffee Holdings LLC
Deed
$682,000 · Entrebank
Aug 31, 2021
—
Coffee Holdings LLC
—
Deed
related
$1,080,000 · West Bank
May 19, 2021
$217,000
Coffee Holdings LLC
Rmw Twins LLC
Warranty Deed
$661,500 · Community Bank Mankato
May 7, 2021
$217,000
Coffee Holdings LLC
Rmw Twins LLC
Grant Deed
related
—
Jun 14, 2011
$160,871
Rmw Twins LLC
Rmlg Ents INC
Grant Deed
—
Mar 3, 2006
$350,000
Better Ventures LLC
Rmlg Ents INC
Warranty Deed
—
Feb 3, 2004
$237,500
Richard Waytashek
Able Property Management INC
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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