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Property profile & analytics
OFF-MARKET
Estimated value
$3,005,000
Industrial properties
6043 Hwy 10th NW, Ramsey, MN 55303-2392
Entity Owned
3-yr Hold
Free & Clear
Property ID
US46-1003487
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1964
Construction
STEEL FRAME
Total area
42,696 SF
Lot
1.1 ac (47,916 SF)
APN
35-32-25-31-0037
UPID
US46-1003487
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
$3.55M
Blend (final)
Blend
$3.01M
Owner & transaction history
County Of Anoka · 3 yrs held
County Of Anoka
since 2022
Last sale
$35,600
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 Ramsey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ramsey 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,035,000
Current use
Blend value · Realmo final
$3.01M
Range $2.70M – $3.31M · ±10% · vs last sale $36k (Nov 15 2022)
Last sale anchor
$36k
Nov 15 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
$70 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,059
Tax year 2024
Assessed value
$1,078,800
Assessed 2024
Previous assessed
$1,078,800
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$465,000
Assessed improvement
$613,800
Land market value
$465,000
Improvement market value
$613,800
Total market value
$1,078,800
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Total area
42,696 SF
Lot
1.1 ac (47,916 SF)
APN
35-32-25-31-0037
UPID
US46-1003487
Jurisdiction
ANOKA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
INDUSTRIAL (GENERAL) Current
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
1964
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
County Of Anoka
Entity
Free & Clear · 3 yrs held
Mailing address
13112 SUNSET TRL, PLYMOUTH, MN 55441-5516
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
County Of Anoka
13120 Sunset Trail LLC
Quit Claim Deed
related
—
Nov 15, 2022
$35,600
County Of Anoka
13120 Sunset Trail LLC
Warranty Deed
—
Sep 22, 2020
—
13120 Sunset Trail LLC
—
Deed
related
$108,000 · Flagship Bk
Apr 28, 2020
—
13120 Sunset Trail LLC
—
Deed
related
$1,856,553 · Flagship Bk/mn
Jun 17, 2019
—
13120 Sunset Trail LLC
—
Deed
related
$1,270,000 · Flagship Bk/mn
Jul 20, 2017
—
13120 Sunset Trail LLC
—
Grant Deed
related
$1,270,000 · Flagship Bk/mn
Sep 12, 2016
$435,000
13120 Sunset Trail LLC
Sheltered Venture Props LLC
Grant Deed
$701,250 · Midwestone Bk
—
—
13120 Sunset Trail LLC
—
Loan Modification
related
$1,270,000 · Flagship Bk/mn
—
—
13120 Sunset Trail LLC
—
Loan Modification
related
$1,856,553 · Flagship Bk/mn
—
—
13120 Sunset Trail LLC
—
Deed Of Trust
related
$108,000 · Flagship 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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