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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Office buildings
3101 Old Hwy 8th 8, Roseville, MN 55113-1072
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US46-3213557
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Total area
17,895 SF
Lot
1.07 ac (46,696 SF)
Zoning code
I
APN
05-29-23-21-0004
UPID
US46-3213557
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
$1.46M
Blend (final)
Blend
$1.52M
Owner & transaction history
Roseville Ventures LLC · 17 yrs held
Roseville Ventures LLC
since 2008
7 recorded transactions
Zoning & alternative use
I · Roseville, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.1M
+5.2%
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
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
OFFICE BUILDING
$1,960,000
Current use
WAREHOUSE, STORAGE
$2,060,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$1,830,000
Change: -7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,645,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$85 / 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
$45,014
Tax year 2023
Assessed value
$1,426,300
Assessed 2023
Previous assessed
$1,449,300
-1.6% YoY
Effective rate
3.16%
On assessed value
Assessed land
$326,900
Assessed improvement
$1,099,400
Land market value
$326,900
Improvement market value
$1,099,400
Total market value
$1,426,300
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1985
Heating
STEAM
Buildings
3
Total area
17,895 SF
Lot
1.07 ac (46,696 SF)
Zoning code
I
APN
05-29-23-21-0004
UPID
US46-3213557
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
OFFICE BUILDING Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1985
Heating
STEAM
Buildings
3
Lot
1.07 ac
Current owner
From public records · entity-resolved
Roseville Ventures LLC
Entity
Mailing address
6640 SHADY OAK RD, EDEN PRAIRIE, MN 55344-7834
Ownership since
2008
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
Dec 1, 2008
$865,000
Roseville Ventures LLC
Citizens St Bk
Grant Deed
$665,000 · Klein Bank
Feb 29, 2008
$1,027,531
Citizen State Bank
Sheriff Of Ramsey County
Trustees Deed
related
—
Jan 27, 2004
$1,100,000
J E H Holdings LLC
Highland Park Properties LLC
Grant Deed
related
$1,000,000 · Citizens State Bank
Jan 7, 2003
$1,004,500
Highland Park Properties
Prim Rose Office Building Ptsh
Grant Deed
$975,000 · Farmers & Merchants State Bank
—
—
J E H Holdings LLC
—
Deed Of Trust
related
$75,000 · Citizens State Bank
—
—
Roseville Ventures LLC
—
Deed Of Trust
related
$650,000 · Bridgewater Bk
—
—
Roseville Ventures LLC
—
Deed Of Trust
related
$850,000 · Anchor 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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