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Property profile & analytics
OFF-MARKET
Estimated value
$13,160,000
Hospitals
445 Galtier St, Saint Paul, MN 55103-2358
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-0763843
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1963
Construction
WOOD FRAME
Total area
38,081 SF
Lot
0.52 ac (22,651 SF)
Zoning code
H
APN
36-29-23-42-0054
UPID
US46-0763843
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
$13.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.16M
Owner & transaction history
445 Galtier St LLC · 2 yrs held
445 Galtier St LLC
since 2024
Last sale
$13.2M
7 recorded transactions
Zoning & alternative use
H · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.0M
+43.3%
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
$13,160,000
ML approach
$13,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,040,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$13.16M
Range $11.84M – $14.48M · ±10% · vs last sale $13.16M (Mar 6 2024)
Last sale anchor
$13.16M
Mar 6 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
$346 / 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
$32,478
Tax year 2023
Assessed value
$1,693,900
Assessed 2023
Previous assessed
$1,693,900
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$204,200
Assessed improvement
$1,489,700
Land market value
$204,200
Improvement market value
$1,489,700
Total market value
$1,693,900
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1963
Construction
WOOD FRAME
Heating
NONE
Buildings
3
Total area
38,081 SF
Lot
0.52 ac (22,651 SF)
Zoning code
H
APN
36-29-23-42-0054
UPID
US46-0763843
Jurisdiction
RAMSEY
Zoning & alternative use
H · Saint Paul, MN
Zoning H · permitted uses
H · 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
RESTAURANT
Est. value
$8.0M
RESTAURANT
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
1963
Construction
WOOD FRAME
Heating
NONE
Buildings
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
445 Galtier St LLC
Entity
Mailing address
445 GALTIER ST LLC, MANKATO, MN 56001
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2024
$13,158,694
445 Galtier St LLC
St Paul Realty Holdings LLC
Warranty Deed
$72,000,000 · Merchants Bank Of Indiana
Mar 6, 2024
—
445 Galtier St LLC
St Paul Realty Holdings LLC
Re-recorded Document
related
$72,000,000 · Merchants Bank Of Indiana
Jan 25, 2023
—
St Paul Realty Holdings II LLC
St Paul Realty Holdings LLC
Re-recorded Document
related
—
Jan 24, 2023
—
St Paul Realty Holdings II LLC
St Paul Realty Holdings LLC
Warranty Deed
—
Jun 15, 2022
—
St Paul Realty Holdings LLC
Fce Galtier LLC
Re-recorded Document
related
$48,000,000 · Dmt Spe I LLC
Jun 10, 2022
$3,957,952
St Paul Realty Holdings LLC
Fce Galtier LLC
Special Warranty Deed
$48,000,000 · Dmt Spe I LLC
Apr 26, 2019
—
Fce Galtier LLC
—
Loan Modification
related
$141,588,473 · Wo Healthco-3 LLC
Jan 25, 2019
—
Fce Galtier LLC
—
Grant Deed
related
$174,600,000 · General Electric Cap Corp
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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