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Property profile & analytics
FOR SALE
Specialty properties
420 Summit Ave, Saint Paul, MN 55102
Individually Owned
~
Est. High Equity
Property ID
US46-0975936
For Sale
1 / 26
$510,000
420 Summit Ave, Saint Paul, MN 55102
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Property summary
AI-generated overview
This exceptional executive office suite is located within the renowned University Club of Saint Paul, a landmark building at 420 Summit Avenue, Saint Paul, Minnesota 55102. The property, a Class A building constructed in 1913, boasts a rich history and prestigious address. This single-tenant opportunity offers 1 square foot of space within a larger building totaling 29,821 square feet. The building comprises four stories and is zoned RT2. The Ramsey County property (APN 012823310001) offers a unique blend of historical charm and modern functionality. While the available space is currently limited to 1 square foot, multiple office suites of varying sizes are available on the second, third, and fourth floors. This presents a rare opportunity to establish a presence in a highly desirable and historically significant location. The building's single-tenant occupancy ensures a quiet and professional work environment. Inquire today for details on available suites and lease terms.
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1912
Total area
29,821 SF
Lot
0.93 ac (40,337 SF)
Zoning code
E
APN
01-28-23-31-0001
UPID
US46-0975936
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
-
Arden Process Services, LLC Law Firm
-
Preferred Legal Services, Inc. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$519k
Blend (final)
Blend
$510k
Owner & transaction history
University Club Of Saint Paul
University Club Of Saint Paul
1 recorded transaction
Zoning & alternative use
E · Saint Paul, 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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$17 / 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
$80,640
Tax year 2023
Assessed value
$2,224,400
Assessed 2023
Previous assessed
$2,224,400
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$484,400
Assessed improvement
$1,740,000
Land market value
$484,400
Improvement market value
$1,740,000
Total market value
$2,224,400
Applied tax rate
625.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
For Sale
Year built
1912
Heating
YES
Total area
29,821 SF
Lot
0.93 ac (40,337 SF)
Zoning code
E
APN
01-28-23-31-0001
UPID
US46-0975936
Jurisdiction
RAMSEY
Zoning & alternative use
E · Saint Paul, MN
Zoning E · permitted uses
E · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Heating
YES
Lot
0.93 ac
Current owner
From public records · entity-resolved
University Club Of Saint Paul
Individual
Mailing address
420 SMT AVE, SAINT PAUL, MN 55102-2624
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
University Club Of Saint Paul
—
Deed Of Trust
related
$1,500,000 · American Nat'l 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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