Entity Owned 
For Sale
1 / 10
$4,740,000
3601 18Th St S, Saint Cloud, MN 56301
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Property summary
AI-generated overview
Maine Prairie Business Park is an office-warehouse property located in Saint Cloud, Minnesota. The facility was constructed in 2004 and is zoned C5. It includes a 33,080-square-foot building configured as 7 units. The property was designed for multi-tenant occupancy and is structured for long-term tenant use under NNN-style leasing arrangements, with professional management and ongoing maintenance. The site is positioned to provide convenient access to nearby commercial amenities and is located near major transportation routes, supporting office and office-warehouse functions.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
33,080 SF
Zoning code
C5
APN
82.46848.0203
UPID
US46-1188411
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$2.71M
Owner & transaction history
since 2023
3 recorded transactions
Zoning & alternative use
C5 · Saint Cloud, MN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.71M
Value range
$2.43M – $2.98M
±10% around blend
Estimated value / SF
$82 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$2.43M
blend $2.71M
$2.98M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
33,080 SF
Year built
2004
Stories
1
APN
82.46848.0203
Zoning
C5
Assessed value
$2,388,800
Annual tax
$71,896
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$71,896
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.24M
Range $2.04M – $5.61M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.71M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 74 sales
$112
-27%
Submarket 156 sales
$113
-27%
County 341 sales
$130
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $82/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
8.29%
Selected cap rate for this other commercial real estate
Derived from the Saint Cloud market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.29%
9.0%
NOI (est.)
$393k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.74M
Move the market yield to see immediate price impact.
Value / SF
$143
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.79%8.29%8.79%
$354k
$4.54M
$4.26M
$4.02M
$393k
$5.04M
$4.74M
$4.47M
$432k
$5.55M
$5.21M
$4.92M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$71,896
Tax year 2023
Assessed value
$2,388,800
Assessed 2023
Previous assessed
$2,275,000
+5.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$475,000
Assessed improvement
$1,913,800
Land market value
$475,000
Improvement market value
$1,913,800
Total market value
$2,388,800
Applied tax rate
742.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2004
Heating
YES
Cooling
NONE
Stories
1
Total area
33,080 SF
Zoning code
C5
APN
82.46848.0203
UPID
US46-1188411
Jurisdiction
STEARNS
Zoning & alternative use
C5 · Saint Cloud, MNZoning C5 · permitted uses
C5 · Saint Cloud, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C5
Jurisdiction
Saint Cloud, MN
Recorded code
C5
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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