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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Industrial properties
700 Railroad W St, Norwood Young America, MN 55368-4546
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-0342662
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Total area
12,000 SF
Lot
6 ac (261,360 SF)
APN
58-0150720
UPID
US46-0342662
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
-
JIT Metal Finishing Factory Production Facility
-
Southwest Paving Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$575k
Owner & transaction history
Brakefield Holdings LLC · 20 yrs held
Brakefield Holdings LLC
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$705,000
+23.0%
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 Norwood Young America submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwood Young America 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
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$575,000
Current use
WAREHOUSE, STORAGE
$705,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$48 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,076
Tax year 2024
Assessed value
$902,000
Assessed 2024
Previous assessed
$870,300
+3.6% YoY
Effective rate
3.00%
On assessed value
Assessed land
$387,500
Assessed improvement
$514,500
Land market value
$387,500
Improvement market value
$514,500
Total market value
$902,000
Applied tax rate
108.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
12,000 SF
Lot
6 ac (261,360 SF)
APN
58-0150720
UPID
US46-0342662
Jurisdiction
CARVER
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
INDUSTRIAL (GENERAL) Current
Est. value
$575,000
WAREHOUSE, STORAGE
Est. value
$705,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2006
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
6 ac
Current owner
From public records · entity-resolved
Brakefield Holdings LLC
Entity
Free & Clear · 20 yrs held
Mailing address
7560 WELCOME RD, NEW GERMANY, MN 55367-9744
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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 15, 2023
—
Brakefield Holdings LLC
—
Deed
related
$739,450 · Citizens St Bank Norwood Young America
Sep 27, 2018
—
Brakefield Holdings LLC
—
Deed
related
$525,000 · Citizens St Bk/norwood Young A
Jul 11, 2018
—
Brakefield Holdings LLC
—
Deed
related
$372,302 · Citizens St Bk/norwood Young A
May 24, 2018
—
Brakefield Holdings LLC
—
Deed
related
$525,000 · Citizens St Bk/norwood Young A
Aug 29, 2006
—
Brakefield Holdings LLC
—
Trustees Deed
related
$250,000 · Citizens St Bank Norwood Young
May 8, 2006
$500
Brakefield Holdings LLC
City Of Norwood Young America
Grant Deed
related
—
Apr 19, 2006
$210,000
Brakefield Holdings LLC
City Of Norwood Young America
Warranty Deed
related
$525,000 · Citizens St Bank Norwood Young
—
—
Brakefield Holdings LLC
—
Deed Of Trust
related
$465,736 · Citizens St Bank Norwood Young
—
—
Brakefield Holdings LLC
—
Loan Modification
related
$434,546 · Citizens St Bk/norwood Young A
—
—
Brakefield Holdings LLC
—
Loan Modification, Consolidation And Extension
related
$525,000 · Citizens St Bk/norwood Young A
—
—
Brakefield Holdings LLC
—
Loan Modification, Consolidation And Extension
related
$372,302 · Citizens St Bk/norwood Young A
—
—
Brakefield Holdings LLC
—
Loan Modification, Consolidation And Extension
related
$525,000 · Citizens St Bk/norwood Young A
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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