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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail space
754 7th E St, Saint Paul, MN 55106-5024
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US46-0905824
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
5,724 SF
Lot
0.3 ac (13,199 SF)
Zoning code
M
APN
32-29-22-11-0099
UPID
US46-0905824
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
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$635k
Owner & transaction history
Veepra LLC · 4 yrs held
Veepra LLC
since 2022
Last sale
$839,697
4 recorded transactions
Zoning & alternative use
M · Saint Paul, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$960,000
+64.2%
Medical building
$845,000
+44.1%
Warehouse, storage
$660,000
+12.7%
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 Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
$605,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$585,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$960,000
Change: +64% · Conversion: Moderate
MEDICAL BUILDING
$845,000
Change: +44% · Conversion: Difficult
WAREHOUSE, STORAGE
$660,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$625,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $840k (Feb 4 2022)
Last sale anchor
$840k
Feb 4 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
$111 / 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
$20,472
Tax year 2023
Assessed value
$732,500
Assessed 2023
Previous assessed
$619,300
+18.3% YoY
Effective rate
2.79%
On assessed value
Assessed land
$132,000
Assessed improvement
$600,500
Land market value
$132,000
Improvement market value
$600,500
Total market value
$732,500
Applied tax rate
625.0000
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Heating
STEAM
Buildings
3
Total area
5,724 SF
Lot
0.3 ac (13,199 SF)
Zoning code
M
APN
32-29-22-11-0099
UPID
US46-0905824
Jurisdiction
RAMSEY
Zoning & alternative use
M · Saint Paul, MN
Zoning M · permitted uses
M · Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$960,000
MEDICAL BUILDING
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$660,000
OFFICE BUILDING
Est. value
$625,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1977
Heating
STEAM
Buildings
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Veepra LLC
Entity
Mailing address
5810 SPG HVN CT, SHOREVIEW, MN 55126-2117
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
$839,697
Veepra LLC
Prem Sankar Dhandayuthapani
Warranty Deed
$652,000 · Northeast Bank
Feb 4, 2022
—
Veepra LLC
Prem Sankar Dhandayuthapani
Re-recorded Document
related
$652,000 · Northeast Bank
Jul 24, 2018
$704,500
Prem S Dhandayuthapani
Triple S Invs LLP
Warranty Deed
$422,500 · Us Bk
Jul 18, 2018
$704,500
Prem S Dhandayuthapani
Triple S Invs LLP
Warranty Deed
$422,500 · Us Bk
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
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