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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Community centers
7280 Pt Douglas S Rd Cottage Grove, MN 55016-3016
Trust Owned
7-yr Hold
Free & Clear
Property ID
US46-2920180
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2016
Total area
95,872 SF
APN
17-027-21-21-0049
UPID
US46-2920180
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
-
Wahlburgers @ Hy-Vee Restaurant
-
Starbucks Cafe & Coffee Shop
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Hy-Vee Floral (Bike/Boat/Book/etc) Store Florist
-
Hy-Vee Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Exchangeright,net Leased Portf Trust · 7 yrs held
Exchangeright,net Leased Portf Trust
since 2019
3 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 Cottage Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cottage Grove 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
$17 / 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
$331,156
Tax year 2023
Assessed value
$10,668,500
Assessed 2022
Previous assessed
$10,668,500
+0.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$2,721,000
Assessed improvement
$7,947,500
Land market value
$2,721,000
Improvement market value
$7,947,500
Total market value
$10,668,500
Applied tax rate
1,904.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2016
Heating
NONE
Total area
95,872 SF
APN
17-027-21-21-0049
UPID
US46-2920180
Jurisdiction
WASHINGTON
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
2016
Heating
NONE
Current owner
From public records · entity-resolved
Exchangeright,net Leased Portf Trust
Trust
Free & Clear · 7 yrs held
Mailing address
PO BOX 60308, PASADENA, CA 91116-6308
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2019
$21,672,000
Exchangeright,net Leased Portf Trust
Patriot Exchangeright Cottage
Quit Claim Deed
related
—
Jan 29, 2019
—
Patriot Exchangeright Cottage Grove
Hy-vee INC
Limited Warranty Deed
$16,254,000 · Mutual Of Omaha Bank
Jan 28, 2019
$69,300
Patriot Exchangeright Cottage
Hy-vee INC
Grant Deed
—
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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