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Property profile & analytics
OFF-MARKET
Manufacturing properties
5078 Midway Rd Duluth, MN 55811-9740
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US46-1548314
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1950
Total area
6,000 SF
Lot
10 ac (435,600 SF)
APN
280-0015-00295
UPID
US46-1548314
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
Current use
Occupant on record · Public records
-
PRIME STORAGE Storage Facility Warehouse & Storage
-
Duluth Concrete LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Warner Companies LLC · 6 yrs held
Warner Companies LLC
since 2020
Last sale
$53,300
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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,920
Tax year 2024
Assessed value
$377,300
Assessed 2022
Previous assessed
$53,300
+607.9% YoY
Effective rate
2.10%
On assessed value
Assessed land
$92,400
Assessed improvement
$284,900
Land market value
$92,400
Improvement market value
$284,900
Total market value
$377,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
2
Stories
1
Total area
6,000 SF
Lot
10 ac (435,600 SF)
APN
280-0015-00295
UPID
US46-1548314
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
1950
Heating
NONE
Stories
1
Buildings
2
Lot
10 ac
Current owner
From public records · entity-resolved
Warner Companies LLC
Entity
Mailing address
4971 WESTLUND RD, SAGINAW, MN 55779-9781
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
—
Warner Companies LLC
—
Deed
related
$400,000 · Members Cooperative Cu
Jun 4, 2024
—
Warner Companies LLC
—
Deed
related
$250,000 · Members Cooperative Cu
Apr 10, 2023
—
Warner Companies LLC
—
Deed
related
$1,200,000 · Members Cooperative Cu
Jul 20, 2022
—
Warner Companies LLC
—
Deed
related
$250,000 · Members Cooperative Cu
Jun 6, 2022
—
Warner Companies LLC
—
Deed
related
$529,988 · Members Cooperative Cu
Nov 5, 2021
—
Warner Companies LLC
—
Deed
related
$147,750 · Members Cooperative Cu
Mar 2, 2021
—
Warner Companies LLC
—
Deed
related
$172,500 · Members Cooperative Cu
Feb 26, 2020
$53,300
Warner Companies LLC
Sathers Const & Excavating LLC
Warranty Deed
$42,640 · Members Cooperative Cu
Feb 23, 2016
—
Sathers Const & Excavating LLC
Sathers,james S & Jaclyn M
Quit Claim Deed
related
—
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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