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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Industrial properties
7115 Washington S Ave, Edina, MN 55439-1517
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US46-0638446
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
CONCRETE BLOCKS
Total area
36,704 SF
Lot
2.9 ac (126,324 SF)
Zoning code
PID
APN
07-116-21-22-0040
UPID
US46-0638446
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
-
Samba USA (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.77M
Owner & transaction history
Stone And Pillar Properties LLC · 3 yrs held
Stone And Pillar Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
PID · Edina, MN
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 Edina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edina 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
$103 / 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
$98,508
Tax year 2023
Assessed value
$3,464,500
Assessed 2023
Previous assessed
$3,129,700
+10.7% YoY
Effective rate
2.84%
On assessed value
Assessed land
$822,500
Assessed improvement
$2,642,000
Land market value
$822,500
Improvement market value
$2,642,000
Total market value
$3,464,500
Applied tax rate
272.0000
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
1980
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
1
Total area
36,704 SF
Lot
2.9 ac (126,324 SF)
Zoning code
PID
APN
07-116-21-22-0040
UPID
US46-0638446
Jurisdiction
HENNEPIN
Zoning & alternative use
PID · Edina, MN
Zoning PID · permitted uses
PID · Edina, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.9 ac
Current owner
From public records · entity-resolved
Stone And Pillar Properties LLC
Entity
Mailing address
1700 PLYMOUTH RD APT #617, MINNETONKA, MN 55305-1990
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
—
Stone And Pillar Properties LLC
—
Deed
related
$540,000 · Midwestone Bank
Mar 31, 2023
—
Tan Real Estate Holdings LLC
—
Deed
related
$135,000 · Visionbank Of Iowa
Mar 9, 2023
—
Tan Real Estate Holdings LLC
—
Deed
related
$135,000 · Visionbank Of Iowa
Mar 6, 2023
—
Stone And Pillar Properties LLC
Tan Real Estate Holdings LLC
Re-recorded Document
related
—
Mar 3, 2023
—
Stone And Pillar Properties LLC
Tan Real Estate Holdings LLC
Quit Claim Deed
related
$3,980,000 · Readycap Commercial LLC
May 25, 2021
—
Tan Real Estate Holdings LLC
—
Deed
related
$1,475,000 · Falcon National Bank
Dec 5, 2017
—
Tan Real Estate Holdings LLC
—
Deed
related
$140,000 · Unity Bk
Feb 22, 2012
—
Tan Real Estate Holdings LLC
Nicklow,anthony A
Quit Claim Deed
related
$50,000 · Northeast Bank
—
—
Tan Real Estate Holdings LLC
—
Deed Of Trust
related
$33,284 · Unity Bank
—
—
Anthonys Shopping Center Ptsh
—
Deed Of Trust
related
$50,000 · Northwest Bank
—
—
Tan Real Estate Holdings LLC
—
Deed Of Trust
related
$1,704,000 · Unity Bank
—
—
Tan Real Estate Holdings LLC
—
Deed Of Trust
related
$140,000 · Unity Bk
—
—
Anthonys Shopping Center Ptsh
—
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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