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Property profile & analytics
OFF-MARKET
Manufacturing properties
5358 Hwy 169, Tower, MN 55790
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US46-0022967
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2009
Total area
4,312 SF
Lot
6.62 ac (288,367 SF)
APN
270-0020-03215
UPID
US46-0022967
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vermilion Properties Co LLC · 17 yrs held
Vermilion Properties Co LLC
since 2008
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 Tower submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tower 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
$4,572
Tax year 2024
Assessed value
$188,200
Assessed 2022
Previous assessed
$179,100
+5.1% YoY
Effective rate
2.43%
On assessed value
Assessed land
$19,100
Assessed improvement
$169,100
Land market value
$19,100
Improvement market value
$169,100
Total market value
$188,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2009
Heating
NONE
Cooling
NONE
Buildings
3
Total area
4,312 SF
Lot
6.62 ac (288,367 SF)
APN
270-0020-03215
UPID
US46-0022967
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
2009
Heating
NONE
Cooling
Yes
Buildings
3
Lot
6.62 ac
Current owner
From public records · entity-resolved
Vermilion Properties Co LLC
Entity
Mailing address
5424 HWY 169, TOWER, MN 55790-8306
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
—
Vermillion Properties LLC
—
Deed
related
$90,000 · Frandsen Bank & Trust
Sep 7, 2021
—
Vermilion Properties Company LLC
—
Deed
related
$80,000 · Frandsen Bank & Trust
Jan 27, 2020
—
Vermilion Properties Co LLC
—
Deed
related
—
May 24, 2016
—
Vermillion Properties LLC
—
Deed
related
$158,312 · Frandsen Bk&tr
Aug 21, 2008
—
Vermilion Properties Co LLC
Dostert,nathaniel C
Quit Claim Deed
—
May 16, 2006
$21,000
Nathaniel C Dostert
Interstate Energy LLC
Grant Deed
$22,229 · State Bank
—
—
Vermilion Properties Co LLC
—
Deed Of Trust
related
$195,000 · Queen Cty Fsb
—
—
Nathaniel C Dostert
—
Deed Of Trust
related
$65,000 · State Bank
—
—
Vermilion Properties Co LLC
—
Loan Modification
related
$191,015 · Frandsen Bank & Trust
—
—
Vermilion Properties Co LLC
—
Loan Modification
related
—
—
—
Vermillion Properties LLC
—
Loan Modification
related
$158,312 · Frandsen Bk&tr
—
—
Nathaniel C Doster
—
Deed Of Trust
related
$88,236 · State Bank
—
—
Nathaniel C Dostert
—
Deed Of Trust
related
$60,000 · State Bank
—
—
Nathaniel C Dostert
—
Deed Of Trust
related
$64,009 · State Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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