New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,410,000
Office buildings
7200 147th W St, Apple Valley, MN 55124-9008
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-1046941
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
CONCRETE
Total area
41,077 SF
Lot
1.57 ac (68,389 SF)
Zoning code
R
APN
01-11730-07-021
UPID
US46-1046941
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
$7.08M
CAP Approach
CAP
$8.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.41M
Owner & transaction history
Wfcs Holdings II LLC · 4 yrs held
Wfcs Holdings II LLC
since 2021
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
R · Apple Valley, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.7M
+92.8%
Auto repair, garage
$8.3M
+85.1%
Neighborhood: shopping center
$6.9M
+53.3%
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
$7,365,000
ML approach
$7,075,000
CAP Approach
CAP Return
Estimation
6%
$9,060,000
6.5%
$8,360,000
7%
$7,765,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,495,000
Current use
RESTAURANT
$8,670,000
Change: +93% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,325,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,895,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$6,050,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$4,730,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$7.41M
Range $6.67M – $8.15M · ±10% · vs last sale $7.60M (Jul 22 2021)
Last sale anchor
$7.60M
Jul 22 2021
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
$180 / 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
$71,020
Tax year 2023
Assessed value
$2,486,800
Assessed 2022
Previous assessed
$2,429,300
+2.4% YoY
Effective rate
2.86%
On assessed value
Assessed land
$497,400
Assessed improvement
$1,989,400
Land market value
$497,400
Improvement market value
$1,989,400
Total market value
$2,486,800
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Bathrooms
8
Total area
41,077 SF
Lot
1.57 ac (68,389 SF)
Zoning code
R
APN
01-11730-07-021
UPID
US46-1046941
Jurisdiction
DAKOTA
Zoning & alternative use
R · Apple Valley, MN
Zoning R · permitted uses
R · Apple Valley, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apple Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.5M
RESTAURANT
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$8.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.1M
WAREHOUSE, STORAGE
Est. value
$4.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1989
Construction
CONCRETE
Heating
NONE
Bathrooms
8
Lot
1.57 ac
Current owner
From public records · entity-resolved
Wfcs Holdings II LLC
Entity
Mailing address
1000 SW BROADWAY STE #1800, PORTLAND, OR 97205-3079
Ownership since
2021
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
Jul 22, 2021
$7,604,545
Wfcs Holdings II LLC
Csp Charter 7200 147th LLC
Warranty Deed
$9,529,740 · Wilmington Trust NA
Oct 20, 2017
—
Seventy-two Hundred LLC
—
Deed
related
$1,961,051 · Frandsen Bk&tr
Mar 2, 2004
$985,000
Seventy-two Hundred LLC
B & G Realty INC
Warranty Deed
$788,000 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$145,000 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$77,000 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$1,046,276 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$1,555,000 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$2,626,681 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Loan Modification
related
$1,589,289 · Frandsen Bk&tr
—
—
Seventy-two Hundred LLC
—
Loan Modification
related
$1,961,051 · Frandsen Bk&tr
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$3,000,000 · Provincial Bank
—
—
Seventy-two Hundred LLC
—
Deed Of Trust
related
$650,000 · Provincial Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7200 147th W St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
