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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Office buildings
3500 Lyman Blvd Chaska, MN 55318-3050
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0902213
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
17,763 SF
Lot
28.95 ac (1,261,062 SF)
APN
30-0590020
UPID
US46-0902213
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
-
Flexential - Minneapolis - Chaska Data Center IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.46M
Comparable Approach
Comparable
$4.81M
Blend (final)
Blend
$3.86M
Owner & transaction history
Flexentil LLC · 4 yrs held
Flexentil LLC
since 2022
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 Chaska submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chaska 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%
$3,750,000
6.5%
$3,460,000
7%
$3,215,000
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±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
$217 / 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
$551,454
Tax year 2024
Assessed value
$19,775,100
Assessed 2024
Previous assessed
$18,976,500
+4.2% YoY
Effective rate
2.79%
On assessed value
Assessed land
$2,914,100
Assessed improvement
$16,861,000
Land market value
$2,914,100
Improvement market value
$16,861,000
Total market value
$19,775,100
Applied tax rate
112.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Total area
17,763 SF
Lot
28.95 ac (1,261,062 SF)
APN
30-0590020
UPID
US46-0902213
Jurisdiction
CARVER
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
1995
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
28.95 ac
Current owner
From public records · entity-resolved
Flexentil LLC
Entity
Mailing address
600 FRST PT CIR STE #100, CHARLOTTE, NC 28273-5735
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
—
Flexentil LLC
Flexential Colorado LLC
Quit Claim Deed
related
$157,000,000 · Wilmington Trust NA
May 18, 2020
—
Flexential Colorado Corp
—
Deed
related
$18,720,000 · Wells Fargo Bk
Jan 24, 2018
—
Viawest INC
—
Grant Deed
related
$18,719,900 · Citibank
Jun 18, 2013
$6,787,879
Viawest INC
Entegris INC
Deed Of Trust
related
$233,512,500 · Royal Bank Of Canada
—
—
Viawest INC
—
Loan Modification
related
$403,512,500 · Royal Bk/canada
—
—
Viawest INC
—
Loan Modification
related
$403,512,500 · Royal Bk/canada
—
—
Viawest INC
—
Deed Of Trust
related
$395,000,000 · Toronto Dominion Tx
—
—
Viawest INC
—
Deed Of Trust
related
$85,000,000 · Toronto Dominion Tx
—
—
Viawest INC
—
Deed Of Trust
related
$395,000,000 · Toronto Dominion Tx
—
—
Viawest INC
—
Deed Of Trust
related
$85,000,000 · Toronto Dominion Tx
—
—
Flexential Colorado Corp
—
Deed Of Trust
related
$18,720,000 · Wells Fargo 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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