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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Medical Office Space
2960 Snelling N Ave, Roseville, MN 55113-2458
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0585833
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Construction
WOOD FRAME
Total area
4,210 SF
Lot
0.25 ac (11,021 SF)
Zoning code
I
APN
03-29-23-23-0092
UPID
US46-0585833
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
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$458k
Blend (final)
Blend
$550k
Owner & transaction history
Milestone Properties LLC · 4 yrs held
Milestone Properties LLC
since 2022
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
I · Roseville, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$855,000
+37.6%
Neighborhood: shopping center
$705,000
+13.9%
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 Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville 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
$530,000
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$620,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$705,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $650k (Feb 14 2022)
Last sale anchor
$650k
Feb 14 2022
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
$131 / 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
$13,082
Tax year 2023
Assessed value
$531,500
Assessed 2023
Previous assessed
$531,500
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$132,400
Assessed improvement
$399,100
Land market value
$132,400
Improvement market value
$399,100
Total market value
$531,500
Applied tax rate
621.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Total area
4,210 SF
Lot
0.25 ac (11,021 SF)
Zoning code
I
APN
03-29-23-23-0092
UPID
US46-0585833
Jurisdiction
RAMSEY
Zoning & alternative use
I · Roseville, MN
Zoning I · permitted uses
I · Roseville, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roseville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$705,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1957
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Lot
0.25 ac
Current owner
From public records · entity-resolved
Milestone Properties LLC
Entity
Mailing address
2960 SNELLING AVE N, ROSEVILLE, MN 55113-2458
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2022
$650,000
Milestone Properties LLC
2960 Snelling LLC
Warranty Deed
$552,500 · Primis Bank
May 11, 2017
—
2960 Snelling LLC
Wild,suzanne C
Quit Claim Deed
related
—
Mar 16, 2015
—
Suzanne C Wild
Wild Suzanne C
Quit Claim Deed
related
—
Oct 11, 2010
—
Mark Wild
Wild Mark
Quit Claim Deed
related
$336,000 · Community Resource Bank
Oct 2, 2009
$500
Mark Wild
Wild,mark & Suzanne C
Quit Claim Deed
related
—
—
—
2960 Snelling LLC
—
Loan Modification
related
$240,881 · Community Resource Bk
—
—
2960 Snelling LLC
—
Loan Modification
related
$264,540 · Community Resource Bk
—
—
Mark Wild
—
Deed Of Trust
related
$150,000 · Community National Bank
—
—
2960 Snelling LLC
—
Loan Modification
related
$248,877 · Community Resource 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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