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Property profile & analytics
OFF-MARKET
Commercial real estate
38 Birch St, Saint Joseph, MN 56374-3800
Entity Owned
4-yr Hold
Free & Clear
Property ID
US46-1242590
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
WOOD
Total area
432 SF
Lot
0.18 ac (8,041 SF)
APN
84.53570.0000
UPID
US46-1242590
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
-
Matt Imdieke, Realtor - Central MN Realty Real Estate Agency
-
Illuminet Advertising Agency Marketing & Advertising
-
Dan DeMark Realtor Real Estate Agency
-
All Occasion Floral and Gifts (Bike/Boat/Book/etc) Store Florist
-
Golden Rule Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Demark Enterprises LLC · 4 yrs held
Demark Enterprises LLC
since 2021
Last sale
$125,000
4 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 Saint Joseph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Joseph 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
—
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
$2,150
Tax year 2023
Assessed value
$111,100
Assessed 2023
Previous assessed
$108,600
+2.3% YoY
Effective rate
1.94%
On assessed value
Assessed land
$30,200
Assessed improvement
$80,900
Land market value
$30,200
Improvement market value
$80,900
Total market value
$111,100
Applied tax rate
742.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
NONE
Buildings
3
Stories
2
Rooms
5
Bathrooms
1
Total area
432 SF
Lot
0.18 ac (8,041 SF)
APN
84.53570.0000
UPID
US46-1242590
Jurisdiction
STEARNS
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
1910
Construction
WOOD
Heating
NONE
Stories
2
Buildings
3
Rooms
5
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Demark Enterprises LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 952, SAINT JOSEPH, MN 56374-0952
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2021
$125,000
Demark Enterprises LLC
Matthew A Irndieke
Warranty Deed
—
Oct 2, 2019
$125,000
Demark Enterprises LLC
Matthew A Imdieke
Deed
—
Oct 12, 2018
—
Matthew A Imdieke
Melissa Welsh
Quit Claim Deed
related
—
Apr 20, 2010
$97,500
Daniel Eller
Mark Cortez
Warranty Deed
—
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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