Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Manufacturing properties
3350 166th St Jordan, MN 55352-9376
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-0753548
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Total area
15,278 SF
Lot
8.24 ac (358,934 SF)
Zoning code
I-2
APN
09-057001-0
UPID
US46-0753548
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
-
Cemstone Companies Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.34M
Owner & transaction history
Cemstone Products Co · 7 yrs held
Cemstone Products Co
since 2019
1 recorded transaction
Zoning & alternative use
I-2 · Jordan, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
DENTIAL DISTRICT (R-4) MANUFACTURED HOME DISTRICT (R-5) NEIGHBORHOOD BUSINESS DISTRICT (C-1) CENTRAL BUSINESS DISTRICT (C-2) HIGHWAY COMMERCIAL DISTRICT (C-3) LIGHT INDUSTRIAL DISTRICT (I-1) GENERAL INDUSTRIAL DISTRICT (I-2) CONSERVANCY DISTRICT (CD) PLANNED UNIT DEVELOPMENT DISTRICT (PUD) OFF-STREET PARKING AND LOADING SPACES SIGNS SHORELAND OVERLAY DISTRIC…
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
160.23 ac
Source
§ 154.061 ZONING DISTRICTS.
Top alternative use upside
Commercial (general)
$1.6M
+22.8%
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 Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jordan 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
INDUSTRIAL (GENERAL)
$1,305,000
Current use
COMMERCIAL (GENERAL)
$1,600,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$88 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$37,316
Tax year 2024
Assessed value
$1,561,500
Assessed 2024
Previous assessed
$1,530,900
+2.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$785,000
Assessed improvement
$776,500
Land market value
$785,000
Improvement market value
$776,500
Total market value
$1,561,500
Applied tax rate
1,201.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1995
Heating
NONE
Total area
15,278 SF
Lot
8.24 ac (358,934 SF)
Zoning code
I-2
APN
09-057001-0
UPID
US46-0753548
Jurisdiction
SCOTT
Zoning & alternative use
I-2 · Jordan, MNZoning I-2 · permitted uses
I-2 · Jordan, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
DENTIAL DISTRICT (R-4) MANUFACTURED HOME DISTRICT (R-5) NEIGHBORHOOD BUSINESS DISTRICT (C-1) CENTRAL BUSINESS DISTRICT (C-2) HIGHWAY COMMERCIAL DISTRICT (C-3) LIGHT INDUSTRIAL DISTRICT (I-1) GENERAL INDUSTRIAL DISTRICT (I-2) CONSERVANCY DISTRICT (CD) PLANNED UNIT DEVELOPMENT DISTRICT (PUD) OFF-STREET PARKING AND LOADING SPACES SIGNS SHORELAND OVERLAY DISTRICT AVIATION REQUIREMENTS ARCHITECTURAL CONTROL AND BUILDING MATERIALS GENERAL LANDSC
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
160.23 ac
Source
§ 154.061 ZONING DISTRICTS.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1995
Heating
NONE
Lot
8.24 ac
Current owner
From public records · entity-resolved
Cemstone Products Co
Entity
Mailing address
2025 CTR POINTE BLVD STE #300, MENDOTA HEIGHTS, MN 55120-1259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2019
—
Cemstone Products Co
—
Grant Deed
related
$11,450,000 · Associated 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3350 166th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
