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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Industrial properties
725 Cres NE St, Saint Cloud, MN 56304-0520
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-1161518
Property summary
AI-generated overview
This exceptional industrial warehouse property, located off Franklin Ave NE and US Hwy 10 in East St. Cloud, offers 22,705 square feet of flexible space, currently fully vacant and available for immediate occupancy. The building features two suites, with a minimum divisible space of 9,920 square feet and a maximum contiguous space of 12,785 square feet. Benefit from excellent visibility from US Hwy 10 and convenient access from Franklin Ave NE. The warehouse boasts a 20-foot clear ceiling height, four loading docks, and 3-phase power, making it ideal for a variety of industrial uses. The steel-frame construction is complemented by city services and heating. Potential outdoor storage is also available on the 1.3-acre lot. This property offers a rare opportunity to secure a well-located, functional warehouse space with ample features. The flexible floor plans allow for customization to meet specific business needs. The presence of a one-ton crane adds to the versatility of this space. Don't miss this chance to establish your business in a prime East St. Cloud location with exceptional accessibility and visibility.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
APN
17.00502.00
UPID
US46-1161518
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
$1.03M
Owner & transaction history
Fitwell Limited Partnership · 4 yrs held
Fitwell Limited Partnership
since 2022
Last sale
$1.0M
1 recorded transaction
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 Saint Cloud submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Cloud 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
$980,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.03M (May 19 2022)
Last sale anchor
$1.03M
May 19 2022
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
—
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
$17,048
Tax year 2023
Assessed value
$617,100
Assessed 2023
Previous assessed
$554,400
+11.3% YoY
Effective rate
2.76%
On assessed value
Assessed land
$96,800
Assessed improvement
$520,300
Land market value
$96,800
Improvement market value
$520,300
Total market value
$617,100
Applied tax rate
1,702.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
45
APN
17.00502.00
UPID
US46-1161518
Jurisdiction
BENTON
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
Heating
NONE
Units
45
Current owner
From public records · entity-resolved
Fitwell Limited Partnership
Entity
Mailing address
604 LINCOLN AVE NE, SAINT CLOUD, MN 56304-0248
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$1,025,427
Fitwell Limited Partnership
Sps Companies INC
Warranty Deed
$836,000 · Falcon National 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.
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