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Property profile & analytics
OFF-MARKET
Commercial real estate
7070 Brooklyn Blvd, Brooklyn Center, MN 55429-1370
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US46-3251017
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Construction
WOOD
Total area
3,528 SF
Lot
0.17 ac (7,403 SF)
APN
27-119-21-33-0092
UPID
US46-3251017
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mortgage King LLC · 1 yrs held
Mortgage King LLC
since 2025
Last sale
$265,000
7 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 Brooklyn Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn Center 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$5,951
Tax year 2023
Assessed value
$235,000
Assessed 2023
Previous assessed
$225,000
+4.4% YoY
Effective rate
2.53%
On assessed value
Assessed land
$44,000
Assessed improvement
$191,000
Land market value
$44,000
Improvement market value
$191,000
Total market value
$235,000
Applied tax rate
279.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Total area
3,528 SF
Lot
0.17 ac (7,403 SF)
APN
27-119-21-33-0092
UPID
US46-3251017
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
1985
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mortgage King LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6713 COLFAX AVE N, BROOKLYN CTR, MN 55430-1515
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
$274,724
Mortgage King LLC
Minnetonka Farms LLC
Warranty Deed
—
Apr 3, 2025
—
Minnetonka Farms LLC
Visionbank
Quitclaim Deed
related
—
Apr 3, 2025
$265,000
Veemah Integrated Wellness & Consul
Mortgage King L L C
Warranty Deed
$250,000 · Metropolitan Economic Development A
Jan 7, 2022
$274,725
Mortgage King LLC
Minnetonka Farms LLC
Land Contract
$233,516 · Not Available
Dec 20, 2021
$249,751
Minnetonka Farms LLC
Bridgeway To Independence INC
Warranty Deed
—
Nov 3, 2020
$160,000
Bridgeway To Independence INC
Netguys LLC
Warranty Deed
$128,000 · Midcountry Bk
Nov 13, 2015
$89,900
Netguys LLC
Mason Properties I
Warranty Deed
$71,920 · Us Bk
Feb 27, 2015
—
Mason Properties I LLP
—
Trustees Deed
related
$76,917 · State Farm Bk
Jan 24, 2005
$132,900
Mason Properties I LLP
Huber,james A & Lucille
Warranty Deed
—
Apr 9, 1998
$87,500
James A Huber
Mankey,matthew J & Katherine M
Grant Deed
$68,000 · Marquette Bank
—
—
Mason Properties I LLP
—
Deed Of Trust
related
—
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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