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Property profile & analytics
OFF-MARKET
Estimated value
$6,360,000
Automotive properties
3651 Hwy 61st N, Saint Paul, MN 55110
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-0750464
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1964
Construction
WOOD FRAME
Total area
65,696 SF
Lot
7.71 ac (335,630 SF)
Zoning code
D
APN
27-30-22-34-0010
UPID
US46-0750464
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
$6.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.88M
Blend (final)
Blend
$6.36M
Owner & transaction history
Wbl Auto Real Estate LLC · 1 yrs held
Wbl Auto Real Estate LLC
since 2024
Last sale
$6.4M
3 recorded transactions
Zoning & alternative use
D · Saint Paul, 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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
$6,360,000
ML approach
$6,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.36M
Range $5.72M – $7.00M · ±10% · vs last sale $6.36M (Aug 8 2024)
Last sale anchor
$6.36M
Aug 8 2024
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
$97 / 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
$145,274
Tax year 2023
Assessed value
$4,595,400
Assessed 2023
Previous assessed
$4,177,600
+10.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$2,349,400
Assessed improvement
$2,246,000
Land market value
$2,349,400
Improvement market value
$2,246,000
Total market value
$4,595,400
Applied tax rate
624.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1964
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
6
Total area
65,696 SF
Lot
7.71 ac (335,630 SF)
Zoning code
D
APN
27-30-22-34-0010
UPID
US46-0750464
Jurisdiction
RAMSEY
Zoning & alternative use
D · Saint Paul, MN
Zoning D · permitted uses
D · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
6
Lot
7.71 ac
Current owner
From public records · entity-resolved
Wbl Auto Real Estate LLC
Entity
Mailing address
1493 W COUNTY RD E ST E, WHITE BEAR LAKE, MN 55110-5229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
$18,000,000
Wbl Auto Real Estate LLC
Tousley Ford INC
Limited Warranty Deed
$15,300,000 · Ally Bank
Jan 19, 2021
$6,360,000
Tousley Ford INC
Alsis Properties LLC
Grant Deed
—
Feb 7, 2002
—
Alsis Properties LLC
Hansen,thomas M & Elizabeth A
Grant Deed
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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