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Property profile & analytics
OFF-MARKET
Estimated value
$7,940,000
Office buildings
6053 Hudson Rd, Woodbury, MN 55125-1015
Entity Owned
3-yr Hold
Free & Clear
Property ID
US46-0837427
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
54,264 SF
Lot
0.79 ac (34,408 SF)
APN
06-028-21-22-0008
UPID
US46-0837427
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
$7.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.94M
Owner & transaction history
Allen Homes LLC · 3 yrs held
Allen Homes LLC
since 2022
Last sale
$8.6M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.5M
+92.8%
Auto repair, garage
$11.0M
+85.1%
Neighborhood: shopping center
$9.1M
+53.3%
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 Woodbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury 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
$7,320,000
ML approach
$7,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,940,000
Current use
RESTAURANT
$11,455,000
Change: +93% · Conversion: Moderate
AUTO REPAIR, GARAGE
$11,000,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,105,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$7,995,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$6,250,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$5,545,000
Change: -7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,990,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$7.94M
Range $7.15M – $8.73M · ±10% · vs last sale $8.60M (Aug 4 2022)
Last sale anchor
$8.60M
Aug 4 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
$146 / 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
$56,764
Tax year 2023
Assessed value
$1,943,600
Assessed 2022
Previous assessed
$1,943,600
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$197,900
Assessed improvement
$1,745,700
Land market value
$197,900
Improvement market value
$1,745,700
Total market value
$1,943,600
Applied tax rate
8,503.0000
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
Off-Market
Year built
1969
Heating
NONE
Buildings
1
Total area
54,264 SF
Lot
0.79 ac (34,408 SF)
APN
06-028-21-22-0008
UPID
US46-0837427
Jurisdiction
WASHINGTON
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
OFFICE BUILDING Current
Est. value
$5.9M
RESTAURANT
Est. value
$11.5M
AUTO REPAIR, GARAGE
Est. value
$11.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$8.0M
WAREHOUSE, STORAGE
Est. value
$6.3M
RETAIL STORES
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1969
Heating
NONE
Buildings
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Allen Homes LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9220 BASS LK RD STE #230, NEW HOPE, MN 55428-3018
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$8,600,000
Allen Homes LLC
6043 Hudson Road LLC
Limited Warranty Deed
—
Jun 28, 2005
$3,750,000
6043 Hudson Road LLC
Nationwide Life & Annuity Ins
Grant 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.
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