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Property profile & analytics
OFF-MARKET
Estimated value
$7,930,000
Distribution centers
2900 Granada N Ln Oakdale, MN 55128-3607
Entity Owned
8-yr Hold
Free & Clear
Property ID
US46-0777875
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1994
Total area
85,573 SF
Lot
10.8 ac (470,448 SF)
APN
19-029-21-21-0007
UPID
US46-0777875
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
$9.90M
Blend (final)
Blend
$7.93M
Owner & transaction history
Stnl II Oakdale LLC · 8 yrs held
Stnl II Oakdale LLC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.6M
+27.9%
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 Oakdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakdale 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,860,000
Current use
MEDICAL BUILDING
$12,605,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$9,370,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$8,750,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$7.93M
Range $7.14M – $8.72M · ±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
$93 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$237,764
Tax year 2023
Assessed value
$7,708,500
Assessed 2022
Previous assessed
$7,137,400
+8.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$1,524,400
Assessed improvement
$6,184,100
Land market value
$1,524,400
Improvement market value
$6,184,100
Total market value
$7,708,500
Applied tax rate
6,402.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
1
Total area
85,573 SF
Lot
10.8 ac (470,448 SF)
APN
19-029-21-21-0007
UPID
US46-0777875
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$12.6M
OFFICE BUILDING
Est. value
$9.4M
RETAIL STORES
Est. value
$8.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Buildings
1
Lot
10.8 ac
Current owner
From public records · entity-resolved
Stnl II Oakdale LLC
Entity
Free & Clear · 8 yrs held
Mailing address
10275 W HIGGINS RD STE #810, ROSEMONT, IL 60018-5601
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2017
$8,000,000
Stnl II Oakdale LLC
Grand Oaks Properties LLC
Grant Deed
—
Feb 27, 2008
$5,000,000
Grand Oaks Properties LLC
Engineered Polymer Solutions I
Warranty Deed
—
Apr 16, 2007
$2,600,000
Polymer Solutions I Engineered
H B Fuller
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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