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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Commercial real estate
449 Knutson St Mapleton, ND 58059-4043
Entity Owned
~
Est. High Equity
Property ID
US56-0067554
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2015
Total area
11,100 SF
Lot
1.57 ac (68,389 SF)
APN
18-0520-00040-000
UPID
US56-0067554
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
$965k
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$945k
Owner & transaction history
Hpsx Logistics LLC
Hpsx Logistics LLC
since 2025
Last sale
$750,000
6 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 Mapleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mapleton 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
$885,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,280,000
7%
$1,190,000
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $750k (Nov 13 2020)
Last sale anchor
$750k
Nov 13 2020
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
$85 / 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
$10,610
Tax year 2023
Assessed value
$389,450
Assessed 2023
Previous assessed
$366,250
+6.3% YoY
Effective rate
2.72%
On assessed value
Assessed land
$68,400
Assessed improvement
$321,050
Land market value
$136,800
Improvement market value
$642,100
Total market value
$778,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2015
Heating
NONE
Buildings
2
Total area
11,100 SF
Lot
1.57 ac (68,389 SF)
APN
18-0520-00040-000
UPID
US56-0067554
Jurisdiction
CASS
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
2015
Heating
NONE
Buildings
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Hpsx Logistics LLC
Entity
Mailing address
449 KNUTSON STA, MAPLETON, ND 58059-4066
Ownership since
2025
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
Sep 19, 2025
$1,170,000
Hpsx Logistics LLC
Kct Investments LLC
Warranty Deed
$936,000 · Bell Bank
Mar 2, 2022
—
Kct Investments LLC
—
Deed
related
$100,000 · Aspire Bank
Nov 13, 2020
$750,000
Kct Investments LP
North 80 Poroperties LLC
Warranty Deed
$575,000 · Aspire Bank
Dec 13, 2016
—
North 80 Properties LLC
—
Deed
related
$409,812 · Alerus Financial NA
Dec 1, 2015
—
North 80 Properties LLC
Joshua T Holte
Quit Claim Deed
related
$350,000 · Alerus Financial NA
Jul 10, 2015
$119,675
Joshua T Holte
Mapleton Investors LLP
Warranty Deed
—
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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