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    Property profile & analytics

    7190 Silver Lk Rd Mounds View, MN 55112-4431

    • Apartment buildings
    • 21,546 SF
    • 2.11 lot acres
    OFF-MARKET
    Value Estimation
    $4,940,000
    Last Sale
    Feb 22, 2022
    $5,750,000
    Location Intelligence
    Property ID
    US46-0097260
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 7190 Silver Lk Rd

    Year built
    1968
    Construction
    WOOD FRAME
    Lot size
    2.11 lot acres
    Property size
    21,546 SF
    Zone code
    C
    Property type
    Apartment buildings
    APN
    07-30-23-31-0021
    APU
    73023310021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,690,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,155,000
      6.5%
      $5,875,000
      7%
      $5,670,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,720,000
      Geo Method
      $6,065,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,855,000
      Retail
      $5,030,000
      Mixed-Use
      $5,175,000
      Hospitality
      $5,955,000
      Educational
      $5,565,000
      Residential Income
      $6,415,000
      Energy
      $6,810,000
      Income-Based Land
      $6,870,000
      Food Service
      $5,895,000

    Location Insight

    • Map
    • Local Demand
    City
    Mounds View
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.2197
    Latitude
    45.0985
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $74,882
    $800,000
    $4,777,500
    $5,577,500
    -
    $800,000
    $4,777,500
    $5,577,500

    Comparable in this City

    • Value Estimation by Request
      17,010 SF

      7640 Edgewood Dr

      APARTMENT HOUSE (5+ UNITS) • 17,010 SF
      7640 Edgewood Dr, Mounds View, MN 55112-6241
      View Details
    • Value Estimation by Request
      212,473 SF

      1300 Nwnw Pkwy

      APARTMENT HOUSE (100+ UNITS) • 212,473 SF
      1300 Nwnw Pkwy, New Brighton, MN 55112-7241
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    • Value Estimation by Request
      15,000 SF

      798 10th NW St

      APARTMENT HOUSE (5+ UNITS) • 15,000 SF
      798 10th NW St, New Brighton, MN 55112-6759
      View Details
    • Value Estimation by Request
      34,020 SF

      7631 Greenfield Ave

      APARTMENT HOUSE (5+ UNITS) • 34,020 SF
      7631 Greenfield Ave, Mounds View, MN 55112-4082
      View Details
    • Value Estimation by Request
      23,925 SF

      2280 Silver Ln

      APARTMENT HOUSE (100+ UNITS) • 23,925 SF
      2280 Silver Ln, New Brighton, MN 55112-7443
      View Details
    • Value Estimation by Request
      21,336 SF

      219 Old Hwy 8th SW

      APARTMENT HOUSE (5+ UNITS) • 21,336 SF
      219 Old Hwy 8th SW, New Brighton, MN 55112-7774
      View Details

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    7190 Silver Lk Rd
    Mounds View, MN 55112-4431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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