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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Distribution centers
54485 State Hwy 34 Osage, MN 56570-9597
Entity Owned
19-yr Hold
Property ID
US46-2379037
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1992
Construction
FRAME
Total area
19,340 SF
Lot
5.15 ac (224,334 SF)
Zoning code
INDUSTRIAL
APN
210292000
UPID
US46-2379037
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
$1.42M
Owner & transaction history
Stein Properties LLC · 19 yrs held
Stein Properties LLC
since 2007
5 recorded transactions
Zoning & alternative use
INDUSTRIAL · Osage, 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 Osage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Osage 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
$73 / 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
$29,618
Tax year 2023
Assessed value
$1,515,100
Assessed 2023
Previous assessed
$1,311,600
+15.5% YoY
Effective rate
1.95%
On assessed value
Assessed land
$64,900
Assessed improvement
$1,450,200
Land market value
$64,900
Improvement market value
$1,450,200
Total market value
$1,515,100
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
PROPANE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
19,340 SF
Lot
5.15 ac (224,334 SF)
Zoning code
INDUSTRIAL
APN
210292000
UPID
US46-2379037
Jurisdiction
BECKER
Zoning & alternative use
INDUSTRIAL · Osage, MN
Zoning INDUSTRIAL · permitted uses
INDUSTRIAL · Osage, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Osage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
FRAME
Heating
PROPANE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
5.15 ac
Current owner
From public records · entity-resolved
Stein Properties LLC
Entity
Mailing address
PO BOX 324, OSAGE, MN 56570-0324
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Stein Properties LLC
—
Deed
related
$271,500 · Northwoods Bank Of Minnesota
Nov 13, 2018
—
Stein Properties LLC
—
Deed
related
$727,500 · Northwoods Bank Of Mn
Apr 24, 2007
$352,000
Stein Properties LLC
Braiden Companies INC
Corporation Deed
$296,680 · Northwoods Bank Of Minnesota
Jun 3, 2005
—
Braiden Companies INC
Braiden Properties INC
Quit Claim Deed
related
$303,800 · Security Bank USA
Jun 3, 2005
$250,000
Braiden Properties INC
Minnewashta Group INC
Warranty 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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