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Property profile & analytics
OFF-MARKET
Gas stations
4120 Hoffman Rd, White Bear Lake, MN 55110-3708
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US46-0839105
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2000
Construction
WOOD FRAME
Total area
9,360 SF
Lot
0.62 ac (27,007 SF)
Zoning code
G
APN
22-30-22-44-0037
UPID
US46-0839105
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
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
White Bear Boat Works INC · 7 yrs held
White Bear Boat Works INC
since 2019
5 recorded transactions
Zoning & alternative use
G · White Bear Lake, 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 White Bear Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White Bear 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
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
$22,782
Tax year 2023
Assessed value
$917,000
Assessed 2023
Previous assessed
$764,200
+20.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$162,000
Assessed improvement
$755,000
Land market value
$162,000
Improvement market value
$755,000
Total market value
$917,000
Applied tax rate
624.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
3
Total area
9,360 SF
Lot
0.62 ac (27,007 SF)
Zoning code
G
APN
22-30-22-44-0037
UPID
US46-0839105
Jurisdiction
RAMSEY
Zoning & alternative use
G · White Bear Lake, MN
Zoning G · permitted uses
G · White Bear Lake, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
White Bear Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
3
Lot
0.62 ac
Current owner
From public records · entity-resolved
White Bear Boat Works INC
Entity
Mailing address
299 KILBIRNIE WAY, SAINT PAUL, MN 55115-2852
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2019
$825,000
White Bear Boat Works INC
Branch Dev LLC
Warranty Deed
$600,000 · Midcountry Bk
Dec 17, 2018
$825,000
White Bear Boat Works INC
Branch Dev LLC
Warranty Deed
$600,000 · Midcountry Bk
Aug 12, 2004
$292,834
Kent W Jefferson Construction
Sheriff Of Ramsey County
Trustees Deed
—
Nov 29, 2001
$175,000
William L Heitmann
Break Branch LLC
Grant Deed
$272,500 · Premier Bank
Nov 16, 2000
—
Break Branch LLC
Vanderhoff,richard
Grant Deed
related
—
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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