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Property profile & analytics
OFF-MARKET
Estimated value
$15,570,000
Manufacturing properties
3210 Michigan St Duluth, MN 55806-1775
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US46-3049790
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Total area
96,000 SF
APN
010-3190-01700
UPID
US46-3049790
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
-
US Storage Centers Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.75M
Blend (final)
Blend
$15.57M
Owner & transaction history
Westport Duluth Self Storage LLC · 5 yrs held
Westport Duluth Self Storage LLC
since 2021
Last sale
$15.0M
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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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
$16,635,000
ML approach
$11,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.57M
Range $14.01M – $17.13M · ±10% · vs last sale $14.95M (Feb 23 2021)
Last sale anchor
$14.95M
Feb 23 2021
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
$162 / 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
$271,064
Tax year 2023
Assessed value
$8,387,100
Assessed 2023
Previous assessed
$3,200,500
+162.1% YoY
Effective rate
3.23%
On assessed value
Assessed land
$97,300
Assessed improvement
$8,289,800
Land market value
$97,300
Improvement market value
$8,289,800
Total market value
$8,387,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
96,000 SF
APN
010-3190-01700
UPID
US46-3049790
Jurisdiction
ST LOUIS
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
2003
Heating
YES
Cooling
Yes
Stories
2
Current owner
From public records · entity-resolved
Westport Duluth Self Storage LLC
Entity
Mailing address
2201 DUPONT DR STE #700, IRVINE, CA 92612-7521
Ownership since
2021
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
Feb 23, 2021
$14,951,106
Westport Duluth Self Storage LLC
Cma Management LLC
Warranty Deed
—
Feb 18, 2021
$14,951,106
Westport Duluth Self Storage LLC
Cma Management LLC
Limited Warranty Deed
—
Jun 26, 2018
—
Cma Management LLC
—
Deed
related
$10,930,000 · Bank Of America
—
—
Cma Management LLC
—
Loan Modification
related
$7,158,469 · Bank Of America
—
—
Cma Management LLC
—
Loan Modification
related
$7,158,469 · Bank Of America
—
—
Cma Management LLC
—
Loan Modification
related
$10,930,000 · Bank Of America
—
—
Cma Management LLC
—
Deed Of Trust
related
$5,158,469 · Bank Of America
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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