New search
Property profile & analytics
FOR SALE
Office buildings
595 Selby Ave, Saint Paul, MN 55102
Individually Owned
2-yr Hold
Free & Clear
Property ID
US46-3195733
For Sale
1 / 14
$650,000
595 Selby Ave, Saint Paul, MN 55102
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1885
Construction
WOOD FRAME
Total area
3,299 SF
Lot
0.13 ac (5,793 SF)
Zoning code
L
APN
01-28-23-22-0070
UPID
US46-3195733
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
$645k
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$540k
Owner & transaction history
Ballinger Leafblad Sbc · 2 yrs held
Ballinger Leafblad Sbc
since 2023
7 recorded transactions
Zoning & alternative use
L · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$670,000
+85.1%
Neighborhood: shopping center
$555,000
+53.3%
Medical building
$485,000
+34.6%
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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
by Request
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$645,000
7%
$595,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$360,000
Current use
AUTO REPAIR, GARAGE
$670,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$485,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$380,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$335,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$164 / 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
$16,864
Tax year 2023
Assessed value
$647,600
Assessed 2023
Previous assessed
$647,600
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$116,000
Assessed improvement
$531,600
Land market value
$116,000
Improvement market value
$531,600
Total market value
$647,600
Applied tax rate
625.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1885
Construction
WOOD FRAME
Heating
YES
Buildings
2
Stories
6
Rooms
10
Bathrooms
1
Total area
3,299 SF
Lot
0.13 ac (5,793 SF)
Zoning code
L
APN
01-28-23-22-0070
UPID
US46-3195733
Jurisdiction
RAMSEY
Zoning & alternative use
L · Saint Paul, MN
Zoning L · permitted uses
L · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$360,000
AUTO REPAIR, GARAGE
Est. value
$670,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
MEDICAL BUILDING
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$380,000
RETAIL STORES
Est. value
$335,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1885
Construction
WOOD FRAME
Heating
YES
Stories
6
Buildings
2
Rooms
10
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Ballinger Leafblad Sbc
Individual
Free & Clear · 2 yrs held
Mailing address
595 SELBY AVE S, SAINT PAUL, MN 55102-1730
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
—
Ballinger Leafblad Sbc
Agate Ventures LLC
Lease
—
Oct 27, 2023
$555,000
Agate Venturesllc
Sg Properties LLC
Warranty Deed
$309,844 · Bankcherokee
Mar 23, 2023
—
Dg Properties LLC
—
Deed
related
$70,000 · Drake Bank
Apr 10, 2017
$3,770,000
Sg Properties LLC
595 Selby LLC
Warranty Deed
$192,250 · Drake Bk
Aug 5, 2013
$265,000
595 Selby LLC
Embassy Ents LLC
Warranty Deed
$300,000 · Bankcherokee
Mar 22, 2013
$265,000
595 Selby LLC
Embassy Ents LLC
Dual Purpose Document
$245,000 · Embassy Ents LLC
Nov 8, 2011
$500
Embassy Ents LLC
Punjwani,akberali & Fatima
Quit Claim Deed
related
—
Jun 15, 2011
$500
Akberali Punjwani
Lion King Properties LLC
Quit Claim Deed
related
—
Jun 14, 2006
$355,000
Lion King Properties LLC
Punjwani,akberalis & Fatima
Grant Deed
—
Oct 19, 2001
$282,500
Akberali S Punjwani
Nedoroski,mark E
Grant Deed
$240,000 · State Bank Of Long Lake
May 27, 1999
$25,000
Mark E Nedoroski
Nesseth,ruth M
Quit Claim Deed
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?”
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.
