New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,610,000
Assisted living facilities
4415 12th St W St, Minneapolis, MN 55416
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-0482429
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1960
Total area
1,728 SF
Lot
1.79 ac (77,972 SF)
APN
06-028-24-43-0089
UPID
US46-0482429
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
$8.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.61M
Owner & transaction history
4415 W36th 1 2 St LLC · 2 yrs held
4415 W36th 1 2 St LLC
since 2024
Last sale
$8.6M
7 recorded transactions
Zoning & alternative use
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 Minneapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Minneapolis 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
$8,610,000
ML approach
$8,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.61M
Range $7.75M – $9.47M · ±10% · vs last sale $8.61M (Mar 11 2024)
Last sale anchor
$8.61M
Mar 11 2024
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
$4,983 / 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
$30,197
Tax year 2023
Assessed value
$1,856,000
Assessed 2023
Previous assessed
$1,856,000
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$396,000
Assessed improvement
$1,460,000
Land market value
$396,000
Improvement market value
$1,460,000
Total market value
$1,856,000
Applied tax rate
283.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Stories
2
Rooms
10
Bathrooms
4
Total area
1,728 SF
Lot
1.79 ac (77,972 SF)
APN
06-028-24-43-0089
UPID
US46-0482429
Jurisdiction
HENNEPIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
2
Rooms
10
Bathrooms
4
Lot
1.79 ac
Current owner
From public records · entity-resolved
4415 W36th 1 2 St LLC
Entity
Mailing address
638 SOUTHBEND AVE, MANKATO, MN 56001-2168
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
$8,608,490
4415 W36th 1 2 St LLC
St Louis Park II Realty Holdings Ll
Warranty Deed
$72,000,000 · Merchants Bank Of Indiana
Mar 6, 2024
$8,608,490
4415 W36th 1 2 St LLC
St Louis Park II Realty Holdings Ll
Warranty Deed
$72,000,000 · Merchants Bank Of Indiana
Mar 29, 2023
—
Villas At The Cedars LLC
Golden Valley Realty Holdings LLC
Lease
—
Mar 2, 2023
—
Villas At The Cedars LLC
Golden Valley Realty Holdings LLC
Lease
—
Feb 24, 2023
—
Villas At The Cedars LLC
Golden Valley Realty Holdings LLC
Lease
—
Feb 14, 2023
—
Villas At The Cedars LLC
Golden Valley Realty Holdings LLC
Lease
—
Jan 20, 2023
—
St Louis Park II Realty Holdings II
St Louis Park II Realty Holdings Ll
Intrafamily Transfer
related
—
Jun 9, 2022
$1,554,200
St Louis Park II Realty Holdings Ll
Park Health Re LLC
Special Warranty Deed
$48,000,000 · Dmt Spe I LLC
Jan 10, 2018
—
Canyon Wd LLC
—
Grant Deed
related
$5,655,800 · Walker & Dunlop
Apr 27, 2012
—
Park Health Re LLC
Homes Re 1 LLC
Grant Deed
$5,655,800 · Private Lender
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4415 12th St W St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
