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Property profile & analytics
OFF-MARKET
Automotive properties
509 4th NW Ave Rochester, MN 55901-2870
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-0062081
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1950
Total area
720 SF
Lot
0.15 ac (6,720 SF)
APN
74.35.42.018496
UPID
US46-0062081
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
-
Golden Detailing Car Wash
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
Safaa Aljanabi · 2 yrs held
Safaa Aljanabi
since 2023
Last sale
$200,000
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 Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,182
Tax year 2023
Assessed value
$115,100
Assessed 2022
Previous assessed
$115,100
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$42,500
Assessed improvement
$72,600
Land market value
$42,500
Improvement market value
$72,600
Total market value
$115,100
Applied tax rate
2,303.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
720 SF
Lot
0.15 ac (6,720 SF)
APN
74.35.42.018496
UPID
US46-0062081
Jurisdiction
OLMSTED
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
FORCED AIR
Stories
2
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Safaa Aljanabi
Individual
Mailing address
5864 CROWN LN NW, ROCHESTER, MN 55901-2269
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
$200,000
Safaa Aljanabi
New Line Investments LLC
Warranty Deed
$160,000 · Manufacturers Bank & Trust Co
Dec 12, 2023
—
New Line Investments LLC
Frandsen Bank & Trusts
Quit Claim Deed
related
—
Jul 23, 2020
$77,500
Line Invemsntes LLC
Abdul M Khan
Warranty Deed
—
May 13, 2019
$200,000
Safaa Aljanabi
Sardar A Khan
Contract Sale
$180,000 · Sardar Khan
Mar 6, 2017
$1,355,000
Abdul M Khan
Jason Dillon
Warranty Deed
$108,000 · Pine Island Bank
Mar 6, 2017
$135,000
Abdul M Khan
Jason Dillon
Warranty Deed
$108,000 · Pine Island Bank
Apr 8, 2014
$60,000
Jason Dillon
Barbara Johnston
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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