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Property profile & analytics
FOR SALE
Investment properties
609 Dale St N Saint Paul, MN 55103
Entity Owned
2-yr Hold
Free & Clear
Property ID
US46-0112849
For Sale
1 / 41
$495,000
609 Dale St N, Saint Paul, MN 55103
View Listing →
Property summary
AI-generated overview
This Saint Paul, Minnesota commercial property at 609-611 N Dale St N offers three available retail spaces totaling 2,522 square feet. Each space is newly updated, boasting brand-new flooring, modern fixtures, and abundant natural light. Units range from 547 to 1,198 contiguous square feet, providing flexibility for various business needs. The property benefits from high visibility in a bustling commercial area, attracting significant foot traffic. Conveniently located with ample nearby parking and easy access to public transportation, this location is ideal for retail, boutique shops, or service-oriented businesses. Excellent signage opportunities are available to maximize your business's presence. Lease terms are flexible, and customization options allow you to tailor the space to your brand's unique style. Individual unit rents vary
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
WOOD FRAME
Total area
4,032 SF
Lot
0.07 ac (3,180 SF)
Zoning code
L
APN
35-29-23-11-0214
UPID
US46-0112849
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stp Apartments LLC · 2 yrs held
Stp Apartments LLC
since 2024
Last sale
$195,500
7 recorded transactions
Zoning & alternative use
L · Saint Paul, MN
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,882
Tax year 2023
Assessed value
$380,800
Assessed 2023
Previous assessed
$380,800
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$19,200
Assessed improvement
$361,600
Land market value
$19,200
Improvement market value
$361,600
Total market value
$380,800
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
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1928
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Units
2
Total area
4,032 SF
Lot
0.07 ac (3,180 SF)
Zoning code
L
APN
35-29-23-11-0214
UPID
US46-0112849
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.
Building & site characteristics
From public records
Year built
1928
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Units
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Stp Apartments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1564 SELBY AVE APT #9, SAINT PAUL, MN 55104-6336
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
$195,500
Stp Apartments LLC
Community Loan Servicing LLC
Special Warranty Deed
—
Jun 1, 2023
—
Community Loan Servicing LLC
Veasna K Seak
Sheriffs Deed
related
—
Apr 1, 2019
$500
Reeno Mak
Keo,chanbo
Quit Claim Deed
related
—
Oct 1, 2018
$500
Chanbo Keo
Seak,veasna
Quit Claim Deed
related
—
Feb 23, 2006
$260,000
Veasna Seak
Seak,ho C S
Warranty Deed
related
—
Jan 16, 2002
—
Ho Seak
Nhil,meng
Grant Deed
related
—
Oct 19, 2001
—
Ho Seak
Ches,choevy & Samneang
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.
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