Entity Owned Property summary
AI-generated overview
The property is an office space totaling 3,980 square feet located at 4040 Radio Dr, Woodbury, Minnesota. It is positioned for roadway visibility along Bailey Road and Radio Road, with stated traffic counts of 12,800 vehicles per day on Bailey Road and 9,500 vehicles per day on Radio Road. The property includes building and monument signage. Nearby amenities include retail, restaurants, grocery stores, parks, and golf courses.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
50,246 SF
APN
29-028-21-11-0024
UPID
US46-2902456
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic Physician
-
Physician
-
Physician
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.13M
Comparable Approach
Comparable
$5.78M
Blend (final)
Blend
$5.55M
Owner & transaction history
Zoning & alternative use
Top alternative use upside
Neighborhood: shopping center
$8.4M
+121.6%
Medical building
$7.4M
+94.6%
Warehouse, storage
$5.8M
+52.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$5.55M
Value range
$4.99M – $6.10M
±10% around blend
Estimated value / SF
$110 / SF
Confidence
Low
4 county-verified comps
Property data
63
Market benchmarks
67
Comparable evidence
40
$4.99M
blend $5.55M
$6.10M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
50,246 SF
Year built
2016
APN
29-028-21-11-0024
Assessed value
$13,451,600
Annual tax
$413,100
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.13M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.73M
@ 6.5% CAP return
$7.13M
@ 7% CAP return
$6.62M
4
Sales comparison
Partial preview
Sales approach indication
$2.44M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.2 mi away · 49,566 SF
18.2 mi away · 49,566 SF
19.1 mi away · 59,943 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.55M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 197 sales
$76
+46%
County 55 sales
$176
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $110/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+122%
vs current-use indication
Medical Building
Warehouse, Storage
Office Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$13.45M
Move the market yield to see immediate price impact.
Value / SF
$268
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
5.00%7.00%9.00%
$847k
$16.95M
$12.11M
$9.42M
$942k
$18.83M
$13.45M
$10.46M
$1.04M
$20.72M
$14.80M
$11.51M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$2.45M
17.2 mi · Feb 2026 · $44/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$413,100
Tax year 2023
Assessed value
$13,451,600
Assessed 2022
Previous assessed
$13,451,600
+0.0% YoY
Effective rate
3.07%
On assessed value
Assessed land
$3,489,000
Assessed improvement
$9,962,600
Land market value
$3,489,000
Improvement market value
$9,962,600
Total market value
$13,451,600
Applied tax rate
8,505.0000
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
Off-Market
Year built
2016
Heating
NONE
Total area
50,246 SF
APN
29-028-21-11-0024
UPID
US46-2902456
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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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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