New search
Property profile & analytics
OFF-MARKET
Estimated value
$23,700,000
Industrial properties
700 Ottawa N Ave, Golden Valley, MN 55422-4803
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-0985631
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2023
Construction
CONCRETE BLOCKS
Lot
4.46 ac (194,278 SF)
APN
19-029-24-24-0010
UPID
US46-0985631
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
$23.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.70M
Owner & transaction history
Kb Golden Valley Dst · 2 yrs held
Kb Golden Valley Dst
since 2024
Last sale
$23.7M
5 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 Golden Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Golden 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
$23,700,000
ML approach
$23,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$23.70M
Range $21.33M – $26.07M · ±10% · vs last sale $23.70M (Feb 15 2024)
Last sale anchor
$23.70M
Feb 15 2024
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
—
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
$121,057
Tax year 2023
Assessed value
$3,844,000
Assessed 2023
Previous assessed
$3,074,000
+25.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$1,414,000
Assessed improvement
$2,430,000
Land market value
$1,414,000
Improvement market value
$2,430,000
Total market value
$3,844,000
Applied tax rate
270.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2023
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
YES
Lot
4.46 ac (194,278 SF)
APN
19-029-24-24-0010
UPID
US46-0985631
Jurisdiction
HENNEPIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2023
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Lot
4.46 ac
Current owner
From public records · entity-resolved
Kb Golden Valley Dst
Individual
Mailing address
1645 VLG CTR CIR STE #200, LAS VEGAS, NV 89134-6372
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2024
$23,700,000
Kb Golden Valley Dst
Drake Motor Partners Gv LLC
Limited Warranty Deed
$11,850,000 · Bank Of Montreal
Jan 5, 2023
$4,415,000
Drake Motor Partners Gv LLC
States Manufacturing Corporation
Limited Warranty Deed
$17,182,500 · Independent Bank
Aug 1, 2016
—
States Manufacturing Corporation
—
Deed
related
$2,100,000 · Alerus Financial NA
Jul 16, 2008
—
States Electric Mfg Co
—
Grant Deed
related
$2,500,000 · Bnc National Bank
—
—
States Manufacturing Corp
—
Deed Of Trust
related
$1,000,000 · Alerus Financial NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Ottawa N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
