Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    401 Dellwood S St Cambridge, MN 55008-1846

    • Apartment buildings
    • 1,650 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-1381588
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 401 Dellwood S St

    Year built
    1970
    Construction
    FRAME
    Property size
    1,650 SF
    Property type
    Apartment buildings
    APN
    15.048.0661
    APU
    150480661

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Isanti
    State
    Minnesota
    Longitude
    -93.2299
    Latitude
    45.5693
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,972
    $54,700
    $218,900
    $273,600
    -
    $54,700
    $218,900
    $273,600

    Comparable in this City

    • Value Estimation by Request
      1,152 SF

      835 Central SW Ave

      APARTMENT HOUSE (5+ UNITS) • 1,152 SF
      835 Central SW Ave, Cambridge, MN 55008-2392
      View Details
    • Value Estimation by Request
      2.13 Acres

      2011 6th SE Ln

      APARTMENT HOUSE (5+ UNITS) • 2.13 Acres
      2011 6th SE Ln, Cambridge, MN 55008-2576
      View Details
    • Value Estimation
      $795,000
      7,104 SF

      629 1st W Ave

      APARTMENT HOUSE (5+ UNITS) • 7,104 SF
      629 1st W Ave, Cambridge, MN 55008-1453
      View Details
    • Value Estimation
      $510,000
      5,712 SF

      215 Birch S St

      APARTMENT HOUSE (5+ UNITS) • 5,712 SF
      215 Birch S St, Cambridge, MN 55008-1523
      View Details
    • Value Estimation
      $555,000
      7,728 SF

      320 Cypress N St

      APARTMENT HOUSE (5+ UNITS) • 7,728 SF
      320 Cypress N St, Cambridge, MN 55008-1032
      View Details
    • Value Estimation by Request
      3,600 SF

      1400 Old Main S St

      APARTMENT HOUSE (5+ UNITS) • 3,600 SF
      1400 Old Main S St, Cambridge, MN 55008-2444
      View Details

    Similar Nearby for Sale

    • $489,900

      New Construction Home Ready to Finish

      Last new construction home in Association Maintained community.
      2524 Buchanan Ln S, Cambridge, MN 55008
      View Details
    • $324,900
      6,000 SF

      Cambridge Commercial Property - High Visibility

      Versatile 6,000 sq ft commercial lot, Hwy 95 frontage.
      130 Cleveland St, Cambridge, MN 55008
      View Details
    • Contact for pricing
      1 SF

      Prime Retail Pad Site

      1.07 acre pad site in Cambridge retail area.
      2200 3Rd Ave NE | Cambridge, Cambridge, MN 55008
      View Details
    • $1,250,000
      9,626 SF

      Cambridge Retail Building For Sale

      Fully leased retail building with long-term tenants in Cambridge.
      538 Main St S, Cambridge, MN 55008
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      19.79 acres of commercially zoned land with high visibility.
      313Th Ave NE, Cambridge, MN 55008
      View Details
    • $849,000
      105.00 Acres

      Expansive 105-Acre Land Parcel

      105 acres with pole shed, offering limitless development opportunities.
      30622 Verdin St NW, Cambridge, MN 55008
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      818 SF

      Historic Office Suites in Cambridge

      Historic office suites for lease in downtown Cambridge, Minnesota.
      237 2Nd Ave SW, Cambridge, MN 55008
      View Details
    • $45 SF/Yr
      268 SF

      Charming Downtown Cambridge Office Space

      Move-in ready office space with storefront and parking.
      123-125 Main St N, Cambridge, MN 55008
      View Details
    • $18 SF/Yr
      2,573 SF

      Retail Space in Village Mall

      Retail suites available in Cambridge's Retail Hub.
      1820 2Nd Ave SE, Cambridge, MN 55008
      View Details
    • $9 SF/Yr
      1,280 SF

      Industrial Pole Buildings For Lease

      Two industrial buildings available for lease with yard space.
      34300 Palisade Dr NE, Cambridge, MN 55008
      View Details
    • Contact for pricing
      3,650 SF

      Industrial Warehouse Space Available

      3650 SF warehouse with drive-in and overhead doors.
      820 Garfield St S, Cambridge, MN 55008
      View Details
    • $16 SF/Yr
      348 SF

      Cambridge Office Building For Lease

      29,190 SF office building for lease in Cambridge, MN.
      1001 1St Ave E, Cambridge, MN 55008
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Dellwood S St
    Cambridge, MN 55008-1846
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.