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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Hotels
620 Elm E St, Annandale, MN 55302-1108
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-1598839
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Construction
WOOD
Total area
11,982 SF
Lot
1.49 ac (64,992 SF)
APN
102-067-002020
UPID
US46-1598839
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
Current use
Occupant on record · Public records
-
Americas Best Value Inn Annandale Hotel & Motel
-
Americinn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Kolachi Hospitality LLC · 3 yrs held
Kolachi Hospitality LLC
since 2023
Last sale
$1.3M
3 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 Annandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annandale 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
$1,180,000
ML approach
$1,245,000
CAP Approach
CAP Return
Estimation
6%
$1,245,000
6.5%
$1,150,000
7%
$1,065,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,395,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,320,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,265,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,225,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,165,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,040,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$955,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Jun 12 2023)
Last sale anchor
$1.25M
Jun 12 2023
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
$104 / 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
$21,446
Tax year 2023
Assessed value
$1,036,200
Assessed 2023
Previous assessed
$1,036,200
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$175,100
Assessed improvement
$861,100
Land market value
$175,100
Improvement market value
$861,100
Total market value
$1,036,200
Applied tax rate
201.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Stories
2
Total area
11,982 SF
Lot
1.49 ac (64,992 SF)
APN
102-067-002020
UPID
US46-1598839
Jurisdiction
WRIGHT
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
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$955,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2003
Construction
WOOD
Heating
NONE
Stories
2
Lot
1.49 ac
Current owner
From public records · entity-resolved
Kolachi Hospitality LLC
Entity
Mailing address
620 ELM ST E, ANNANDALE, MN 55302-1108
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$1,250,000
Kolachi Hospitality LLC
Excel Hospitality LLC
Warranty Deed
$1,000,000 · Hiawatha National Bank
Dec 26, 2013
$1,150,000
Excel Hospitality LLC
Annandale Hospitality INC
Warranty Deed
$885,000 · West Town Savings Bank
Jul 16, 2013
$930,000
Annandale Hospitality INC
Jts Dev LLC
Warranty Deed
$466,900 · Glenwood State Bank
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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