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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Office buildings
2638 Shadow Ln Chaska, MN 55318-4516
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US46-0297990
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
6,565 SF
Lot
1.33 ac (57,935 SF)
APN
30-6220030
UPID
US46-0297990
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
-
B Craig Thalacker Agency Inc American Family Insurance Insurance Agency
-
Thrivent Financial-Lutherans Financial Advisor
-
Bolton & Menk Inc. Civil Engineer Engineer
-
On the Level Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.19M
Owner & transaction history
Chaska Investor Group LLC · 14 yrs held
Chaska Investor Group LLC
since 2011
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 Chaska submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chaska 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,385,000
6.5%
$1,280,000
7%
$1,190,000
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±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
$181 / 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
$46,262
Tax year 2024
Assessed value
$1,763,300
Assessed 2024
Previous assessed
$1,633,500
+7.9% YoY
Effective rate
2.62%
On assessed value
Assessed land
$515,800
Assessed improvement
$1,247,500
Land market value
$515,800
Improvement market value
$1,247,500
Total market value
$1,763,300
Applied tax rate
112.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
2
Total area
6,565 SF
Lot
1.33 ac (57,935 SF)
APN
30-6220030
UPID
US46-0297990
Jurisdiction
CARVER
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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.33 ac
Current owner
From public records · entity-resolved
Chaska Investor Group LLC
Entity
Mailing address
2638 SHADOW LN STE #200, CHASKA, MN 55318-4518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
—
Chaska Investor Group LLC
—
Deed
related
$930,000 · Wells Fargo Bk
Nov 9, 2011
—
Chaska Investor Group LLC
Bremer Bk
Grant Deed
$988,000 · Bremer Bank NA
Nov 14, 2008
—
Shadow Wood Prof Bldg LLC
—
Trustees Deed
related
$200,000 · Joe Docter
Jun 4, 2004
$500
Shadow Wood Prof Bldg LLC
On The Level INC
Quit Claim Deed
related
$1,101,329 · Victoria State Bank
—
—
Chaska Investor Group LLC
—
Deed Of Trust
related
$930,000 · Wells Fargo Bk
—
—
Shadow Wood Profl Bldg LLC
—
Deed Of Trust
related
$1,725,217 · Klein Bank
—
—
Shadow Wood Prof Building LLC
—
Deed Of Trust
related
$1,600,000 · Bremer Bank NA
—
—
Shadow Wood Prof Bldg LLC
—
Deed Of Trust
related
$107,086 · Victoria State Bank
—
—
Shadow Wood Prof Bldg LLC
—
Deed Of Trust
related
$300,000 · Fcc Acquisition Corp
—
—
Chaska Investor Group LLC
—
Loan Modification
related
$930,000 · Wells Fargo Bk
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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