Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Commercial land
5463 Mtn Iron Dr Virginia, MN 55792-3394
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-1660128
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.77 ac (33,541 SF)
APN
090-0180-01013
UPID
US46-1660128
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
-
Auto Value Virginia Auto Parts Store
-
Premium Apparel Plaza 53 Mt. IRON Hat Shop Shoe Store
-
FREE Rapid & PCR Testing Virginia Medical Laboratory
-
The Grow Shop (Bike/Boat/Book/etc) Store Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
The Plaza 53 LLC · 3 yrs held
The Plaza 53 LLC
since 2022
Last sale
$1.1M
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 Virginia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Virginia 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
$1,070,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $1.05M (Dec 8 2022)
Last sale anchor
$1.05M
Dec 8 2022
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
—
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
$1,890
Tax year 2024
Assessed value
$42,500
Assessed 2022
Previous assessed
$42,500
+0.0% YoY
Effective rate
4.45%
On assessed value
Assessed land
$42,500
Land market value
$42,500
Total market value
$42,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.77 ac (33,541 SF)
APN
090-0180-01013
UPID
US46-1660128
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
Heating
NONE
Lot
0.77 ac
Current owner
From public records · entity-resolved
The Plaza 53 LLC
Entity
Mailing address
28551 127TH ST NW, ZIMMERMAN, MN 55398-8407
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2026
—
Plaza 53 LLC
—
Deed
related
$2,210,042 · Park State Bank
Sep 25, 2024
—
The Plaza 53 LLC
—
Deed
related
$496,331 · Park State Bank & Trust
Dec 8, 2022
$1,050,000
The Plaza 53 LLC
Key Star Capital Fund II LP
Warranty Deed
$11,500,000 · Park State Bank & Trust
Dec 8, 2022
—
The Plaza 53 LLC
Key Star Capital Fund II LP
Assignment Of Deed
$100,000 · Park State Bank & Trust
Aug 5, 2020
$500
Key Star Capital Fund Il LP
Star Cap Fund LP Key
Quit Claim Deed
related
—
Dec 31, 2019
$500
Menard INC
Star Cap Fund LP Key
Quit Claim Deed
related
—
Dec 31, 2019
$1,370,264
Key Star Cap Fund LP
Sheriff Of Saint Louis County|solid Properties INC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 20, 2018
$1,200,000
Key Star Cap Fund LP
Sheriff Of Saint Louis County|solid Properties INC
Trustees Deed
related
—
Jul 29, 2016
—
Solid Properties INC
—
Deed
related
$5,091 · American Bk/the North
Aug 18, 2010
—
Solid Properties INC
—
Trustees Deed
related
—
Oct 12, 2005
$75,900
George J Tokarczyk
Solid Properties
Warranty Deed
—
—
—
Solid Properties
—
Deed Of Trust
related
$115,599 · American Bk/the North
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Loan Modification
related
$5,091 · American Bk/the North
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Deed Of Trust
related
—
—
—
Solid Properties INC
—
Deed Of Trust
related
$100,000 · American Bk/the North
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Deed Of Trust
related
—
—
—
Solid Properties INC
—
Deed Of Trust
related
—
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Loan Modification
related
—
—
—
Solid Properties INC
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5463 Mtn Iron Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
