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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Investment properties
429 Wabasha S St Saint Paul, MN 55107-1126
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0276471
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1885
Construction
WOOD FRAME
Total area
11,601 SF
Lot
0.52 ac (22,738 SF)
Zoning code
D
APN
08-28-22-22-0064
UPID
US46-0276471
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
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$575k
Owner & transaction history
Dymaxion LLC · 4 yrs held
Dymaxion LLC
since 2021
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
D · 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
$480,000
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$880,000
Current use
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $600k (Oct 6 2021)
Last sale anchor
$600k
Oct 6 2021
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
$50 / 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
$15,100
Tax year 2023
Assessed value
$757,600
Assessed 2023
Previous assessed
$603,700
+25.5% YoY
Effective rate
1.99%
On assessed value
Assessed land
$159,400
Assessed improvement
$598,200
Land market value
$159,400
Improvement market value
$598,200
Total market value
$757,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1885
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Units
3
Total area
11,601 SF
Lot
0.52 ac (22,738 SF)
Zoning code
D
APN
08-28-22-22-0064
UPID
US46-0276471
Jurisdiction
RAMSEY
Zoning & alternative use
D · Saint Paul, MN
Zoning D · permitted uses
D · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$880,000
COMMERCIAL (GENERAL) Current
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
1885
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Units
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Dymaxion LLC
Entity
Mailing address
18896 ORCH CT, LAKEVILLE, MN 55044-9383
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
—
Dymaxion LLC
—
Deed
related
$150,000 · Coulee Bank
Apr 2, 2024
—
Dymaxion LLC
—
Deed
related
$150,000 · Coulee Bank
Oct 6, 2021
$600,000
Dymaxion LLC
Cjk Holdings LLC
Warranty Deed
$510,000 · Coulee Bank
Oct 4, 2021
$600,000
Dymaxion LLC
Cjk Holding LLC
Warranty Deed
$510,000 · Coulee Bank
Dec 12, 2012
$182,500
Cjk Holding LLC
Hiway FCU
Grant Deed
$148,000 · Us Bank NA
Dec 20, 2010
$500
Hiway FCU
Xem LLC
Warranty Deed
related
—
Dec 10, 2010
$500
Hiway FCU
Xem LLC
Warranty Deed
related
—
Jun 1, 2006
$600,000
Xem LLC
St Anthony Of Paduas Friends
Grant Deed
—
Jun 19, 2003
—
St Anthony Of Paduas Friends
—
Trustees Deed
related
$150,000 · Cherokee State Bank
Jun 25, 2002
$90,000
St Anthony Of Paduas Friens
Parker,vincent D & Donna M
Grant Deed
—
Jun 25, 2002
$60,000
Paduas F St. Anthony
Fruke,tr
Grant Deed
—
—
—
Cjk Holding LLC
—
Deed Of Trust
related
$40,000 · Us Bk
—
—
St Anthony Of Paduas Friends
—
Deed Of Trust
related
$15,000 · Riverview Economic Development
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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