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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Commercial real estate
7301 Ohms Ln, Edina, MN 55439-2331
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US46-3217427
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1981
Construction
STEEL & CONCRETE
Total area
18,749 SF
Lot
5.41 ac (235,660 SF)
Zoning code
POD-2
APN
09-116-21-24-0025
UPID
US46-3217427
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.26M
Comparable Approach
Comparable
$4.63M
Blend (final)
Blend
$4.01M
Owner & transaction history
Lre Edina 100 LLC
Lre Edina 100 LLC
since 2026
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
POD-2 · Edina, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.4M
+18.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,525,000
6.5%
$3,255,000
7%
$3,025,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,830,000
Current use
INDUSTRIAL (GENERAL)
$3,360,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±10% · vs last sale $4.98M (Feb 4 2026)
Last sale anchor
$4.98M
Feb 4 2026
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
$214 / 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
$377,645
Tax year 2023
Assessed value
$12,901,200
Assessed 2023
Previous assessed
$12,485,600
+3.3% YoY
Effective rate
2.93%
On assessed value
Assessed land
$2,830,400
Assessed improvement
$10,070,800
Land market value
$2,830,400
Improvement market value
$10,070,800
Total market value
$12,901,200
Applied tax rate
273.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
STEEL & CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
6
Total area
18,749 SF
Lot
5.41 ac (235,660 SF)
Zoning code
POD-2
APN
09-116-21-24-0025
UPID
US46-3217427
Jurisdiction
HENNEPIN
Zoning & alternative use
POD-2 · Edina, MN
Zoning POD-2 · permitted uses
POD-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
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
1981
Construction
STEEL & CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Lot
5.41 ac
Current owner
From public records · entity-resolved
Lre Edina 100 LLC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
$4,975,000
Lre Edina 100 LLC
Occ IV Holdings LLC
Deed
$4,200,000 · Sunrise Bank
Jul 24, 2025
—
Occ IV Holdings LLC
Icm Ix Occ LP
Deed
—
Dec 20, 2016
$10,200,000
Icm Ix Occ LP
Lsref2 Oreo Direct LLC
Grant Deed
$7,900,000 · Midwestone Bk
Jan 9, 2007
$9,250,000
Orix Edina I LLC
Edina Owner LLC
Warranty Deed
—
—
—
Lsref2 Oreo Direct LLC
—
Loan Modification
related
$706,664,758 · Royal Bk/canada
—
—
Lsref2 Oreo Direct LLC
—
Loan Modification
related
$297,268,054 · Citibank
—
—
Lsref2 Oreo Direct LLC
—
Deed Of Trust
related
$494,262,293 · Royal Bk/canada
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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