6223 Dell Rd Eden Prairie, MN 55346-1122
Entity Owned
7-yr Hold
Free & Clear
Estimated value (blended)
$1.09M
Range $981k – $1.20M (±10%)
Property ID
US46-0599278
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Construction
WOOD FRAME
Total area
9,246 SF
Lot
1.29 ac (56,192 SF)
Zoning code
N-COM
APN
06-116-22-21-0022
UPID
US46-0599278
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$659k
Blend (final)
Blend
$1.09M
Owner & transaction history
since 2019
1 recorded transaction
Zoning & alternative use
N-COM · Eden Prairie, MN
Zoning description
The special purposes of the N-Com Neighborhood Commercial District are to: 1. Provide appropriately located areas for retail stores, offices, and personal service establishments patronized by residents of the immediate n…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 19 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.09M
Value range
$981k – $1.20M
±10% around blend
Estimated value / SF
$118 / SF
Confidence
High
19 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$981k
blend $1.09M
$1.20M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,246 SF
Lot area
1.29 ac
Year built
1988
Stories
1
APN
06-116-22-21-0022
Assessed value
$1,627,000
Annual tax
$45,775
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.70M
Weighted, 19 comps · high confidence
Evidence
19 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.8 mi away · 8,446 SF
8.0 mi away · 7,983 SF
8.5 mi away · 10,500 SF
10.7 mi away · 9,168 SF
11.7 mi away · 7,840 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.09M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 88 sales
$221
-47%
County 1276 sales
$160
-27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $118/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 19 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.63M
Move the market yield to see immediate price impact.
Value / SF
$176
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$103k
$2.05M
$1.46M
$1.14M
$114k
$2.28M
$1.63M
$1.27M
$125k
$2.51M
$1.79M
$1.39M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
19 found
High confidence · county-verified
Closest comparable
$2.31M
2.8 mi · Feb 2026 · $246/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,775
Tax year 2023
Assessed value
$1,627,000
Assessed 2023
Previous assessed
$1,498,000
+8.6% YoY
Effective rate
2.81%
On assessed value
Assessed land
$505,000
Assessed improvement
$1,122,000
Land market value
$505,000
Improvement market value
$1,122,000
Total market value
$1,627,000
Applied tax rate
276.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1988
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
9,246 SF
Lot
1.29 ac (56,192 SF)
Zoning code
N-COM
APN
06-116-22-21-0022
UPID
US46-0599278
Jurisdiction
HENNEPIN
Zoning & alternative use
N-COM · Eden Prairie, MNZoning N-COM · permitted uses
N-COM · Eden Prairie, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The special purposes of the N-Com Neighborhood Commercial District are to: 1. Provide appropriately located areas for retail stores, offices, and personal service establishments patronized by residents of the immediate n…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1988
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.29 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
N-COM
COMMERCIAL
Jurisdiction
Eden Prairie, MN
Recorded code
N-COM
Official district
N-COM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-COM in Eden Prairie, MN.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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