New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3810 Silver Lk NE Rd, Minneapolis, MN 55421-4225
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-0464377
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Total area
5,272 SF
Lot
1.42 ac (61,725 SF)
Zoning code
N
APN
31-30-23-34-0013
UPID
US46-0464377
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
-
Circle K Gas Station
-
Holiday Stationstores Cafe & Coffee Shop
-
Holiday Stationstores | Car Wash Car Wash
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
Holiday Stationstores LLC · 7 yrs held
Holiday Stationstores LLC
since 2019
7 recorded transactions
Zoning & alternative use
N · Minneapolis, 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 Minneapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Minneapolis 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
$60,806
Tax year 2023
Assessed value
$1,820,200
Assessed 2023
Previous assessed
$1,699,000
+7.1% YoY
Effective rate
3.34%
On assessed value
Assessed land
$916,700
Assessed improvement
$903,500
Land market value
$916,700
Improvement market value
$903,500
Total market value
$1,820,200
Applied tax rate
282.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Heating
HOT WATER
Buildings
3
Total area
5,272 SF
Lot
1.42 ac (61,725 SF)
Zoning code
N
APN
31-30-23-34-0013
UPID
US46-0464377
Jurisdiction
RAMSEY
Zoning & alternative use
N · Minneapolis, MN
Zoning N · permitted uses
N · Minneapolis, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Minneapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
HOT WATER
Buildings
3
Lot
1.42 ac
Current owner
From public records · entity-resolved
Holiday Stationstores LLC
Entity
Mailing address
PO BOX 52085, PHOENIX, AZ 85072
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2019
$2,029,265
Holiday Stationstores LLC
Erickson Oil Products INC
Grant Deed
—
Jan 7, 2009
$1,145,000
Triple Play LLC
Claire Erickson Family LP II
Grant Deed
—
Jan 31, 2000
$1,209,000
Claire Erickson Family LP II
Kcr Corp
Grant Deed
$700,000 · Lake Area Bank
Feb 5, 1999
—
Htw Investment Partners INC
Opus Northwest LLC
Quit Claim Deed
related
—
Feb 5, 1999
$1,209,000
Kcr Corp
Htw Investment Partners INC
Quit Claim Deed
related
—
—
—
Erickson Oil Products INC
—
Deed Of Trust
related
$1,211,000 · Tcf National Bank
—
—
Erickson Oil Products INC
—
Deed Of Trust
related
$1,165,238 · Tcf National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3810 Silver Lk NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
