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Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Golf courses & driving ranges
549 Nn St Anoka, MN 55303-1606
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0505839
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Lot
0.25 ac (10,890 SF)
Zoning code
TOD-E
APN
06-31-24-24-0063
UPID
US46-0505839
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
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
Stephen J Steele · 10 yrs held
Stephen J Steele
since 2015
4 recorded transactions
Zoning & alternative use
TOD-E · Anoka, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The TOD-E District is intended to create a high-employment area near the commuter rail station, focused on office and commercial uses. It promotes pedestrian-friendly design, encourages business development along the U.S. Highway 10 corridor, and allows limited public uses and mixed-use buildings with PUD approval. The district emphasizes job concentration,…
Zone name
Transit Oriented Development Employment Emphasis
General category
MIXED_USE
Zone area
47.66 ac
Source
Realmo
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 Anoka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anoka 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
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±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
—
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
$2,104
Tax year 2024
Assessed value
$130,700
Assessed 2024
Previous assessed
$130,700
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$130,700
Land market value
$130,700
Total market value
$130,700
Applied tax rate
1.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Heating
NONE
Lot
0.25 ac (10,890 SF)
Zoning code
TOD-E
APN
06-31-24-24-0063
UPID
US46-0505839
Jurisdiction
ANOKA
Zoning & alternative use
TOD-E · Anoka, MNZoning TOD-E · permitted uses
TOD-E · Anoka, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The TOD-E District is intended to create a high-employment area near the commuter rail station, focused on office and commercial uses. It promotes pedestrian-friendly design, encourages business development along the U.S. Highway 10 corridor, and allows limited public uses and mixed-use buildings with PUD approval. The district emphasizes job concentration, walkability, and active street-level environments.
Zone name
Transit Oriented Development Employment Emphasis
General category
MIXED_USE
Zone area
47.66 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Stephen J Steele
Individual
Free & Clear · 10 yrs held
Mailing address
13111 140TH AVE N, DAYTON, MN 55327-4414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2018
—
Wba Properties LLC
—
Deed
related
$200,000 · Community Resource Bk
Aug 28, 2015
$60,000
Stephen J Steele
Steele,james W & Debbey
Quit Claim Deed
related
—
Aug 11, 2015
—
Stephen J Steele
Steele Patricia L
Quit Claim Deed
related
—
—
—
Wba Properties LLC
—
Deed Of Trust
related
$200,000 · Community Resource 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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