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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Commercial real estate
6885 160th W St, Apple Valley, MN 55124-6651
Entity Owned
6-yr Hold
Property ID
US46-0559781
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Construction
WOOD FRAME
Total area
21,980 SF
Lot
10.89 ac (474,384 SF)
APN
01-03400-76-020
UPID
US46-0559781
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
$1.82M
Blend (final)
Blend
$1.71M
Owner & transaction history
Pahl Family LP II · 6 yrs held
Pahl Family LP II
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+52.2%
Office building
$2.4M
+44.6%
Retail stores
$2.2M
+35.0%
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
COMMERCIAL (GENERAL)
$1,665,000
Current use
WAREHOUSE, STORAGE
$2,530,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$2,405,000
Change: +45% · Conversion: Easy
RETAIL STORES
$2,245,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$78 / 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
$4,516
Tax year 2023
Assessed value
$1,606,900
Assessed 2022
Previous assessed
$1,606,900
+0.0% YoY
Effective rate
0.28%
On assessed value
Assessed land
$1,234,500
Assessed improvement
$372,400
Land market value
$1,234,500
Improvement market value
$372,400
Total market value
$1,606,900
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
NONE
Bathrooms
1
Total area
21,980 SF
Lot
10.89 ac (474,384 SF)
APN
01-03400-76-020
UPID
US46-0559781
Jurisdiction
DAKOTA
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
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1983
Construction
WOOD FRAME
Heating
NONE
Bathrooms
1
Lot
10.89 ac
Current owner
From public records · entity-resolved
Pahl Family LP II
Entity
Mailing address
16813 ISOSCELES AVE, LAKEVILLE, MN 55044-4698
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2019
—
Pahl Family LP II
—
Deed
related
$1,677,500 · Compeer Fin'l Flca
Dec 28, 2018
—
Pahl Family LP II
—
Trustees Deed
related
$300,000 · Frandsen Bk&tr
Jun 19, 2017
—
Pahl Family LP II
—
Deed
related
$1,025,000 · Frandsen Bk&tr
Jan 20, 2017
—
Pahl Family LP II
—
Trustees Deed
related
$225,000 · Frandsen Bk&tr
—
—
Pahl Family LP II
—
Deed Of Trust
related
$400,000 · Provincial Bank
—
—
Pahl Family LP II
—
Deed Of Trust
related
$1,677,500 · Compeer Fin'l Flca
—
—
Pahl Family LP II
—
Deed Of Trust
related
$550,000 · Provincial Bank
—
—
Pahl Family LP II
—
Deed Of Trust
related
$1,025,000 · Frandsen Bk&tr
—
—
Pahl Family LP II
—
Deed Of Trust
related
—
—
—
Pahl Family LP II
—
Deed Of Trust
related
$1,150,000 · Provincial 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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