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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Specialty properties
621 Larpenteur W Ave, Roseville, MN 55113-6544
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US46-0217792
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1940
Total area
12,401 SF
Lot
0.83 ac (36,198 SF)
Zoning code
J
APN
14-29-23-44-0046
UPID
US46-0217792
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Minnesota Farmers Union Servic · 11 yrs held
Minnesota Farmers Union Servic
since 2014
7 recorded transactions
Zoning & alternative use
J · Roseville, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+39.7%
Auto repair, garage
$845,000
+6.9%
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 Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville 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
VETERINARY, ANIMAL HOSPITAL
$790,000
Current use
RESTAURANT
$1,100,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$845,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$54 / 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
$159,334
Tax year 2023
Assessed value
$5,365,900
Assessed 2023
Previous assessed
$4,845,400
+10.7% YoY
Effective rate
2.97%
On assessed value
Assessed land
$608,400
Assessed improvement
$4,757,500
Land market value
$608,400
Improvement market value
$4,757,500
Total market value
$5,365,900
Applied tax rate
623.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1940
Heating
NONE
Buildings
3
Total area
12,401 SF
Lot
0.83 ac (36,198 SF)
Zoning code
J
APN
14-29-23-44-0046
UPID
US46-0217792
Jurisdiction
RAMSEY
Zoning & alternative use
J · Roseville, MN
Zoning J · permitted uses
J · Roseville, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roseville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$790,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$845,000
OFFICE BUILDING
Est. value
$655,000
VETERINARY, ANIMAL HOSPITAL Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1940
Heating
NONE
Buildings
3
Lot
0.83 ac
Current owner
From public records · entity-resolved
Minnesota Farmers Union Servic
Individual
Mailing address
621 LARPENTEUR AVE W, ROSEVILLE, MN 55113-6544
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
—
Daisy Properties Limited II LLC
—
Deed
related
$2,896,000 · Wbd INC
May 6, 2021
—
Daisy Properties Limited II LLC
—
Deed
related
$286,000 · Bbva USA
Aug 7, 2020
—
Daisy Properties Ltd II LLC
—
Deed
related
—
Oct 28, 2014
—
Minnesota Farmers Union Servic
Minnesota Farmers Union
Quit Claim Deed
related
—
Aug 26, 2014
$450,000
Minnesota Farmers Union
Lake Area Bk
Grant Deed
$2,500,000 · Farmers Union Industries LLC
Jan 8, 2014
$500
Lake Area Bank
Toti Roseville Re LLC
Warranty Deed
—
Sep 14, 2010
$841,726
Toti Roseville Re LLC
Ficek Investment Co LLC
Warranty Deed
$880,000 · Lake Area Bank
Sep 14, 2010
$499,908
Ficek Investment Co LLC
Lake Area Bk
Grant Deed
—
Mar 12, 2010
$424,084
Area Bk Lake
Sheriff Of Ramsey County
Trustees Deed
related
—
Nov 24, 1998
$360,000
Ficek Investment Company LLC
Second Williams Financial Corp
Grant Deed
$270,000 · Capital Bank NA
—
—
Toti Roseville Re LLC
—
Deed Of Trust
related
—
—
—
Daisy Properties Ltd II LLC
—
Loan Modification
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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