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Property profile & analytics
OFF-MARKET
Estimated value
$3,370,000
Commercial real estate
4894 Miller Trunk Hwy, Hermantown, MN 55811-1504
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-1621597
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1958
Total area
76,770 SF
Lot
9.97 ac (434,293 SF)
APN
395-0010-03360
UPID
US46-1621597
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
$4.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$3.37M
Owner & transaction history
Skyline Complex LLC · 3 yrs held
Skyline Complex LLC
since 2022
Last sale
$3.0M
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 Hermantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermantown 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
$3,555,000
ML approach
$4,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.37M
Range $3.03M – $3.71M · ±10% · vs last sale $3.00M (Jul 12 2022)
Last sale anchor
$3.00M
Jul 12 2022
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
$44 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$98,006
Tax year 2024
Assessed value
$3,077,000
Assessed 2022
Previous assessed
$2,525,600
+21.8% YoY
Effective rate
3.19%
On assessed value
Assessed land
$928,000
Assessed improvement
$2,149,000
Land market value
$928,000
Improvement market value
$2,149,000
Total market value
$3,077,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1958
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Total area
76,770 SF
Lot
9.97 ac (434,293 SF)
APN
395-0010-03360
UPID
US46-1621597
Jurisdiction
ST LOUIS
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
1958
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Lot
9.97 ac
Current owner
From public records · entity-resolved
Skyline Complex LLC
Entity
Mailing address
4894 MILLER TRUNK HWY, HERMANTOWN, MN 55811-1504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Aug 15, 2025
—
Skyline Mn Apple Valley LLC
—
Deed
related
$306,481 · National Bank Of Commerce
Jul 23, 2025
—
Skyline Mn LLC
—
Deed
related
$2,700,000 · National Bank Of Commerce
Aug 16, 2022
—
Skyline Mn LLC
—
Deed
related
$1,704,766 · Skyline Bowling Lanes INC
Jul 12, 2022
$1,500,000
Skyline Complex LLC
Skyline Bowling Lanes INC
Warranty Deed
$3,100,000 · National Bank Of Commerce
Jul 12, 2022
$3,000,000
Skyline Mn LLC
Skyline Bowling Lanes INC
Warranty Deed
$3,100,000 · National Bank Of Commerce
Apr 11, 2019
—
Skyline Bowling Lanes INC
—
Grant Deed
related
$3,000,000 · National Bk/cmrc
Oct 4, 2017
—
Skyline Bowling Lanes INC
—
Deed
related
$299,182 · National Bk/commerce
—
—
Skyline Bowling Lanes INC
—
Deed Of Trust
related
$1,350,000 · Republic Bank
—
—
Skyline Bowling Lanes INC
—
Deed Of Trust
related
$1,205,000 · Republic Bank
—
—
Skyline Bowling Lanes INC
—
Deed Of Trust
related
$299,182 · National Bk/commerce
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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