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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Commercial real estate
3340 Republic Ave St Louis Park, MN 55426-4154
Entity Owned
18-yr Hold
Free & Clear
Property ID
US46-2204842
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Construction
WOOD
Total area
128,592 SF
Lot
0.84 ac (36,590 SF)
APN
17-117-21-42-0072
UPID
US46-2204842
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
-
Creekside Dental Dental Office
-
Developing Minds Psychology, PLLC Physician Medical Clinic
-
Kara Pilon Reil Counseling and Consulting PLLC Counselor
-
COLLEEN MORRISSETTE Medical Clinic
-
Katie Newton, PHD, LP Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.76M
Owner & transaction history
Oak Hill 7100 LLC · 18 yrs held
Oak Hill 7100 LLC
since 2007
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 St Louis Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Louis Park 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
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±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
$21 / 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
$119,193
Tax year 2023
Assessed value
$3,858,000
Assessed 2023
Previous assessed
$3,750,000
+2.9% YoY
Effective rate
3.09%
On assessed value
Assessed land
$624,000
Assessed improvement
$3,234,000
Land market value
$624,000
Improvement market value
$3,234,000
Total market value
$3,858,000
Applied tax rate
283.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
STEAM
Cooling
NONE
Total area
128,592 SF
Lot
0.84 ac (36,590 SF)
APN
17-117-21-42-0072
UPID
US46-2204842
Jurisdiction
HENNEPIN
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
2014
Construction
WOOD
Heating
STEAM
Cooling
Yes
Lot
0.84 ac
Current owner
From public records · entity-resolved
Oak Hill 7100 LLC
Entity
Free & Clear · 18 yrs held
Mailing address
PO BOX 270263, GOLDEN VALLEY, MN 55427-6263
Ownership since
2007
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
Aug 3, 2010
—
Oak Hill 7100 LLC
—
Trustees Deed
related
$630,000 · Business Bank
Sep 16, 2009
—
Oak Hill 7100 LLC
—
Trustees Deed
related
$630,000 · Business Bank
Jul 15, 2009
—
Oak Hill 7100 LLC
—
Trustees Deed
related
$630,000 · Business Bank
Jan 27, 2009
—
Oak Hill 7100 LLC
—
Trustees Deed
related
$630,000 · Business Bank
Aug 6, 2008
—
Oak Hill 7100 LLC
—
Trustees Deed
related
$630,000 · Business Bank
Dec 17, 2007
$570,000
Oak Hill 7100 LLC
Diercks Properties LLC
Warranty Deed
—
—
—
Oak Hill 7100 LLC
—
Deed Of Trust
related
$630,000 · Business Bank
—
—
Oak Hill 7100 LLC
—
Deed Of Trust
related
$630,000 · Business Bank
—
—
Oak Hill 7100 LLC
—
Deed Of Trust
related
$3,380,000 · Tradition Cap 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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