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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Medical Office Space
515 Jefferson SW Ave, Eyota, MN 55934-9763
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-1305705
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1979
Total area
4,325 SF
Lot
0.84 ac (36,373 SF)
APN
62.14.32.071728
UPID
US46-1305705
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
-
Interiors by J.Curry LLC Hardware & Home Improvement Kitchen & Bath Showroom
-
Dr. Phillip Perry Dental Office
-
Dr. Ava Perry Dental Office
-
Perry Dental Dental Office
-
Global Roofing & Siding LLC Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
$885k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Aij Enterprises LLC · 2 yrs held
Aij Enterprises LLC
since 2024
Last sale
$1.3M
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 Eyota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eyota 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
$1,305,000
ML approach
$1,305,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.30M (Apr 24 2024)
Last sale anchor
$1.30M
Apr 24 2024
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
$302 / 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
$5,820
Tax year 2023
Assessed value
$230,700
Assessed 2022
Previous assessed
$168,300
+37.1% YoY
Effective rate
2.52%
On assessed value
Assessed land
$72,700
Assessed improvement
$158,000
Land market value
$72,700
Improvement market value
$158,000
Total market value
$230,700
Applied tax rate
2,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
CENTRAL
Bathrooms
2
Total area
4,325 SF
Lot
0.84 ac (36,373 SF)
APN
62.14.32.071728
UPID
US46-1305705
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
1979
Heating
FORCED AIR
Cooling
Yes
Bathrooms
2
Lot
0.84 ac
Current owner
From public records · entity-resolved
Aij Enterprises LLC
Entity
Mailing address
1000 HIAWATHA DR E, WABASHA, MN 55981-1733
Ownership since
2024
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
Apr 24, 2024
$1,304,000
Aij Enterprises LLC
Perry Properties LLC
Contract Sale
$1,304,000 · Perry Properties LLC
Dec 16, 2016
$125,000
Smp Eyota LLC
Alfred Schumann LLC
Warranty Deed
—
Dec 16, 2016
$170,000
Perry Properties LLC
Gary Meldahl
Warranty Deed
$168,000 · Bank Of Alma
Apr 13, 2016
$3,000
Gary Meldahl
Adam Sanders
Quit Claim Deed
related
—
Oct 28, 2014
$3,000
Adam Sanders
Matthew Picha
Quit Claim Deed
related
—
Jul 19, 2013
—
Alfred Schumann LLC
Alfred O Schumann
Contract Sale
—
May 18, 2005
$125,000
Adam Sanders
Alfred O Schumann
Contract Sale
$124,000 · Alfred O Schumann Etux
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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