Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    350 Main N St, Unit 102 Stillwater, MN 55082-5050

    • Office Properties & Spaces
    • 7,315 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $1,075,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-0514547
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto Transport & Towing Inc / Towing Service
    • Lu Shaughnessy / Real Estate Agency
    • Davis Drewiske - RBC Wealth Management Financial Advisor / Financial Planner / Financial Consultant
    • Rhett P. Neuman - RBC Wealth Management Financial Advisor / Financial Planner / Financial Consultant
    • Gregory Lunak - RBC Wealth Management Financial Advisor / Financial Planner / Financial Consultant

    Property Details for 350 Main N St

    Year built
    2006
    Lot size
    0.17 lot acres
    Property size
    7,315 SF
    Property type
    Office Properties & Spaces
    APN
    28-030-20-14-0280
    APU
    2803020140280

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,450,000
      Market price range: $854k - $1.47M
      AI Estimate
      $854,000
      Market price range: $294k - $1.02M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,110,000
      Current use
      WAREHOUSE, STORAGE
      $1,300,000
      Change: +17% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,290,000
      Change: +16% Conversion: Easy
      RETAIL STORES
      $1,275,000
      Change: +15% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stillwater
    County
    Washington
    State
    Minnesota
    Longitude
    -92.8073
    Latitude
    45.0587
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,972
    $221,400
    $951,300
    $1,172,700
    -
    $221,400
    $951,300
    $1,172,700

    Comparable in this City

    • Value Estimation
      $540,000
      4,126 SF

      1751 Tower Dr W Ste, Unit 200

      CONDOMINIUM OFFICES • 4,126 SF
      1751 Tower Dr W Ste, Stillwater, MN 55082-7596
      View Details
    • Value Estimation
      $560,000
      3,625 SF

      610 Main St N Ste, Unit 200

      CONDOMINIUM OFFICES • 3,625 SF
      610 Main St N Ste, Stillwater, MN 55082-4295
      View Details
    • Value Estimation by Request
      1,922 SF

      105 New England Pl Ste, Unit 250

      CONDOMINIUM OFFICES • 1,922 SF
      105 New England Pl Ste, Stillwater, MN 55082-6783
      View Details
    • Value Estimation by Request
      775 SF

      105 New England Pl Ste, Unit 270

      CONDOMINIUM OFFICES • 775 SF
      105 New England Pl Ste, Stillwater, MN 55082-7098
      View Details
    • Value Estimation by Request
      4,000 SF

      140 3rd S St

      CONDOMINIUM OFFICES • 4,000 SF
      140 3rd S St, Stillwater, MN 55082-4902
      View Details
    • Value Estimation by Request
      2,749 SF

      350 Main N St, Unit 100

      CONDOMINIUM OFFICES • 2,749 SF
      350 Main N St, Stillwater, MN 55082-7055
      View Details

    Similar Nearby for Sale

    • $5,743,340
      14,060 SF

      Stillwater Inpatient Treatment Facility

      36-bed dual-diagnosis residential chemical dependency treatment facility for sale.
      11400 Julianne Ave N, Stillwater, MN 55082
      View Details
    • Contact for pricing
      12,100 SF

      Mixed-Use Building in Downtown Stillwater

      Mixed-use building with retail and hospitality/multi-family potential.
      223 Main St S, Stillwater, MN 55082
      View Details
    • $125,000
      0.27 Acres

      Residential Land in Oak Park

      Residential land for sale in Oak Park Heights, Minnesota.
      Tbd Odell Ave, Oak Park Heights, MN 55082
      View Details
    • Contact for pricing

      Commercial Land for Retail Development

      Two-acre commercial land parcel suitable for retail development.
      13045 60Th St N, Oak Park Heights, MN 55082
      View Details
    • $1,600,000
      3,751 SF

      Retail Property in Oak Park Heights

      Retail property with 3,751 square feet available for sale.
      5920 Neal Ave N, Oak Park Heights, MN 55082
      View Details
    • $3,181,814
      22,200 SF

      Historic Retail Site in Stillwater

      Charming, fully occupied retail property in vibrant downtown Stillwater.
      317 S Main St, Stillwater, MN 55082
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,635 SF

      Executive Suites Stillwater, MN

      Prime Office Space Available Now
      1700 Tower Dr, Stillwater, MN 55082
      View Details
    • $15 SF/Yr
      821 SF

      Stillwater Office Space - 821 SF

      Prime Stillwater office, 821 sq ft, one space available.
      1950 Northwestern Ave, Stillwater, MN 55082
      View Details
    • Contact for pricing
      18,824 SF

      1754 Washington Ave

      Distribution properties • 18,824 SF
      1754 Washington Ave, Stillwater, MN 55082
      View Details
    • Contact for pricing
      17,000 SF

      Medical Space in Stillwater Available

      Build-to-suit medical space with convenient access to amenities.
      1701 Curve Crest Blvd, Stillwater, MN 55082
      View Details
    • Contact for pricing
      5,120 SF

      Downtown Stillwater Office Space

      Modern office suite, 250 sq ft, prime location.
      522 4Th St, Stillwater, MN 55082
      View Details
    • $15 SF/Yr
      3,338 SF

      Stillwater Office Space Available

      Office space available for lease in Stillwater, Minnesota.
      1825 Curve Crest Blvd, Stillwater, MN 55082
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    350 Main N St, Unit 102
    Stillwater, MN 55082-5050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.