703 Riv Rd Anoka, MN 55303-2829
Entity Owned
12-yr Hold
~
Est. High Equity
Estimated value (blended)
$370k
Range $333k – $407k (±10%)
Property ID
US46-0979808
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1987
Construction
WOOD FRAME
Total area
2,604 SF
Lot
0.81 ac (35,284 SF)
Zoning code
B-6
APN
07-31-24-42-0003
UPID
US46-0979808
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Currency Exchange Service Kiosk
-
Gas Station
-
Atm
-
Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
since 2013
6 recorded transactions
Zoning & alternative use
B-6 · Anoka, MN
Zoning description
The purpose of the B-6 Neighborhood Commercial Business District is to provide appropriately located areas for low intensity retail stores, offices, and personal service establishments patronized by residents of the neig…
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$370k
Value range
$333k – $407k
±10% around blend
Estimated value / SF
$142 / SF
Confidence
Property data
88
Comparable evidence
60
$333k
blend $370k
$407k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,604 SF
Lot area
0.81 ac
Year built
1987
Stories
1
APN
07-31-24-42-0003
Assessed value
$681,300
Annual tax
$16,555
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$370k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$681k
Move the market yield to see immediate price impact.
Value / SF
$262
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%
$43k
$858k
$613k
$477k
$48k
$954k
$681k
$530k
$52k
$1.05M
$749k
$583k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,555
Tax year 2024
Assessed value
$681,300
Assessed 2024
Previous assessed
$681,300
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$324,900
Assessed improvement
$356,400
Land market value
$324,900
Improvement market value
$356,400
Total market value
$681,300
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1987
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
2,604 SF
Lot
0.81 ac (35,284 SF)
Zoning code
B-6
APN
07-31-24-42-0003
UPID
US46-0979808
Jurisdiction
ANOKA
Zoning & alternative use
B-6 · Anoka, MNZoning B-6 · permitted uses
B-6 · Anoka, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the B-6 Neighborhood Commercial Business District is to provide appropriately located areas for low intensity retail stores, offices, and personal service establishments patronized by residents of the neig…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1987
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.81 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
B-6
COMMERCIAL
Jurisdiction
Anoka, MN
Recorded code
B-6
Official district
B-6
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-6 in Anoka, MN.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
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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