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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Auto shops
3425 Washington Dr Eagan, MN 55122-1304
Entity Owned
17-yr Hold
Free & Clear
Property ID
US46-3234490
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
CONCRETE
Total area
19,728 SF
Lot
1.02 ac (44,431 SF)
Zoning code
R
APN
10-68600-01-010
UPID
US46-3234490
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
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Sjolseth Family Invs LLC · 17 yrs held
Sjolseth Family Invs LLC
since 2008
7 recorded transactions
Zoning & alternative use
R · Eagan, MN
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 Eagan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / 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
$54,136
Tax year 2023
Assessed value
$2,080,300
Assessed 2022
Previous assessed
$2,004,800
+3.8% YoY
Effective rate
2.60%
On assessed value
Assessed land
$399,700
Assessed improvement
$1,680,600
Land market value
$399,700
Improvement market value
$1,680,600
Total market value
$2,080,300
Applied tax rate
10.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
NONE
Bathrooms
5
Total area
19,728 SF
Lot
1.02 ac (44,431 SF)
Zoning code
R
APN
10-68600-01-010
UPID
US46-3234490
Jurisdiction
DAKOTA
Zoning & alternative use
R · Eagan, MN
Zoning R · permitted uses
R · Eagan, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE
Heating
NONE
Bathrooms
5
Lot
1.02 ac
Current owner
From public records · entity-resolved
Sjolseth Family Invs LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1512 SMT OAKS CT, BURNSVILLE, MN 55337-4790
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2020
—
Sjolseth Family Investments LLC
—
Deed
related
$323,500 · Merchants Bank
Feb 4, 2020
—
Sjolseth Family Investments LLC
—
Deed
related
$659,300 · Merchants Bank
Dec 31, 2008
$217,500
Sjolseth Family Invs LLC
Superior Collision & Paint INC
Warranty Deed
—
May 14, 2008
—
Superior Collision & Paint INC
—
Trustees Deed
related
$1,250,000 · Homefed Bk
Jul 22, 2004
$500
Rabuse Shirley M Trust
Rabuse,william J & Shirley M
Quit Claim Deed
related
—
Feb 5, 2004
$475,000
Shirley M Rabuse
Trader,herbert F & Mary A
Warranty Deed
—
—
—
Sjolseth Family Invs LLC
—
Loan Modification
related
$1,250,000 · Home Fsb
—
—
Sjolseth Family Invs LLC
—
Deed Of Trust
related
$1,514,000 · Homefed Bank
—
—
Sjolseth Family Invs LLC
—
Loan Modification
related
—
—
—
Sjolseth Family Invs LLC
—
Loan Modification
related
—
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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