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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Strip malls
422 University W Ave, Saint Paul, MN 55103-1962
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US46-0256190
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1924
Total area
25,863 SF
Lot
1.21 ac (52,925 SF)
Zoning code
B
APN
36-29-23-31-0116
UPID
US46-0256190
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
$1.85M
Owner & transaction history
Coast To Coast Investment Corp · 22 yrs held
Coast To Coast Investment Corp
since 2004
6 recorded transactions
Zoning & alternative use
B · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$72 / 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
$66,220
Tax year 2023
Assessed value
$1,907,800
Assessed 2023
Previous assessed
$1,864,200
+2.3% YoY
Effective rate
3.47%
On assessed value
Assessed land
$1,194,700
Assessed improvement
$713,100
Land market value
$1,194,700
Improvement market value
$713,100
Total market value
$1,907,800
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1924
Heating
STEAM
Buildings
3
Total area
25,863 SF
Lot
1.21 ac (52,925 SF)
Zoning code
B
APN
36-29-23-31-0116
UPID
US46-0256190
Jurisdiction
RAMSEY
Zoning & alternative use
B · Saint Paul, MN
Zoning B · permitted uses
B · 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
1924
Heating
STEAM
Buildings
3
Lot
1.21 ac
Current owner
From public records · entity-resolved
Coast To Coast Investment Corp
Entity
Mailing address
6252 N DEL LOMA AVE, SAN GABRIEL, CA 91775-2544
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2004
$1,670,000
Coast To Coast Investment Corp
Ket Lim Dev INC
Warranty Deed
$932,000 · Us Bank NA
Feb 13, 2004
—
Ket Lim Development INC
Lim,ket & Jeannie K
Quit Claim Deed
related
$1,105,000 · Riverview Community Bank
Jan 14, 2000
$1,200,000
Ket Lim
Kim Long Development INC
Grant Deed
$1,080,000 · Seller
—
—
Coast To Coast Invesment Corp
—
Deed Of Trust
related
$875,000 · Brickwell Community Bank
—
—
Coast To Coast Investment Corp
—
Deed Of Trust
related
$355,000 · Brickwell Community Bank
—
—
Coast To Coast Investment Corp
—
Deed Of Trust
related
$100,000 · Network Partners LLC
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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