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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Commercial real estate
5101 Arcadia Ave, Edina, MN 55436-2307
Entity Owned
19-yr Hold
Free & Clear
Property ID
US46-0958044
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
CONCRETE BLOCKS
Total area
4,774 SF
Lot
0.57 ac (24,829 SF)
Zoning code
PCD-2
APN
28-117-21-31-0007
UPID
US46-0958044
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
by Request
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$885k
Owner & transaction history
Ken Johnson Properties LLC · 19 yrs held
Ken Johnson Properties LLC
since 2006
6 recorded transactions
Zoning & alternative use
PCD-2 · Edina, MN
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 Edina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edina 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$830,000
7%
$770,000
Blend value · Realmo final
$885k
Range $797k – $974k · ±10%
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
$185 / 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
$31,738
Tax year 2023
Assessed value
$1,136,100
Assessed 2023
Previous assessed
$1,136,100
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$1,135,100
Assessed improvement
$1,000
Land market value
$1,135,100
Improvement market value
$1,000
Total market value
$1,136,100
Applied tax rate
273.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,774 SF
Lot
0.57 ac (24,829 SF)
Zoning code
PCD-2
APN
28-117-21-31-0007
UPID
US46-0958044
Jurisdiction
HENNEPIN
Zoning & alternative use
PCD-2 · Edina, MN
Zoning PCD-2 · permitted uses
PCD-2 · Edina, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Ken Johnson Properties LLC
Entity
Free & Clear · 19 yrs held
Mailing address
8608 LAKEVIEW RD, BLOOMINGTON, MN 55438-1537
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Nov 9, 2016
—
Ken Johnson Properties LLC
—
Deed
related
$210,000 · Us Bk
Dec 11, 2006
$325,000
Ken Johnson Properties LLC
Johnson,donald G
Warranty Deed
related
—
Oct 18, 2006
$275,000
Kenneth D Johnson
Anderson,raymond
Warranty Deed
—
—
—
Ken Johnson Properties LLC
—
Loan Modification
related
$526,378 · Us Bk
—
—
Ken Johnson Properties LLC
—
Deed Of Trust
related
$185,000 · Us Bank NA
—
—
Ken Johnson Properties LLC
—
Deed Of Trust
related
$210,000 · Us Bk
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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