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Property profile & analytics
OFF-MARKET
Estimated value
$6,395,000
Flex space
411 Congress W St Maple Lake, MN 55358-3511
Entity Owned
~
Est. High Equity
Property ID
US46-1884975
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1995
Construction
STEEL FRAME
Total area
73,480 SF
Lot
7.56 ac (329,183 SF)
APN
110-059-001020
UPID
US46-1884975
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
-
Innovative Outdoor Solutions Landscaping General Contractor
-
Beavertail and DOA Decoys (Bike/Boat/Book/etc) Store
-
Rhino Made Products Corporate Office
-
Otter Outdoors (Bike/Boat/Book/etc) Store
-
Rhino Tuff Tanks Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.08M
Blend (final)
Blend
$6.40M
Owner & transaction history
Rj Property & Leasing LLC
Rj Property & Leasing LLC
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.7M
+62.2%
Restaurant
$9.6M
+60.1%
Auto repair, garage
$8.6M
+43.5%
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 Maple Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Lake 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,000,000
Current use
OFFICE BUILDING
$9,730,000
Change: +62% · Conversion: Difficult
RESTAURANT
$9,605,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,605,000
Change: +43% · Conversion: Easy
RETAIL STORES
$8,590,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,660,000
Change: +28% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,960,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$6.40M
Range $5.76M – $7.03M · ±10%
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
$87 / 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
$128,692
Tax year 2023
Assessed value
$5,318,200
Assessed 2023
Previous assessed
$5,318,200
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$616,800
Assessed improvement
$4,701,400
Land market value
$616,800
Improvement market value
$4,701,400
Total market value
$5,318,200
Applied tax rate
1,001.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Total area
73,480 SF
Lot
7.56 ac (329,183 SF)
APN
110-059-001020
UPID
US46-1884975
Jurisdiction
WRIGHT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.0M
OFFICE BUILDING
Est. value
$9.7M
RESTAURANT
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$8.6M
RETAIL STORES
Est. value
$8.6M
COMMERCIAL (GENERAL)
Est. value
$7.7M
WAREHOUSE, STORAGE
Est. value
$6.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Lot
7.56 ac
Current owner
From public records · entity-resolved
Rj Property & Leasing LLC
Entity
Mailing address
411 CONGRESS ST W, MAPLE LAKE, MN 55358-3511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
Rj Property & Leasing LLC
—
Deed Of Trust
related
$135,000 · Bmo Harris Bk NA
—
—
Rj Property & Leasing LLC
—
Loan Modification
related
$3,930,053 · Associated Bk
—
—
Rj Property & Leasing LLC
—
Deed Of Trust
related
$160,000 · Associated Bk
—
—
Rj Property & Leasing LLC
—
Deed Of Trust
related
$3,476,055 · Associated Bk
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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