Entity Owned 
For Sale
1 / 19
Contact for pricing
7600 147Th St W, Apple Valley, MN 55124
View Listing →
Property summary
AI-generated overview
This multi-tenant flex space building has a total area of 13,120 square feet and includes updated interior and exterior elements completed within the past five years, as well as a drive-in door. The building contains ground-level retail space with office space above, and common restrooms and a break room. It provides signage capability via pylon signage with visibility on 147th Street, and it is positioned across from Famous Dave’s with nearby restaurants, retail, and service businesses and convenient access to Cedar Avenue. The property includes 26 parking stalls, for a parking ratio of approximately 1.85 spaces per 1,000 square feet, and is configured to support multiple tenant suites, including spaces described as 4,438 square feet (Suite 104), 254 square feet (Suite 201), and 919 square feet (Suite 204).
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
CONCRETE
Total area
13,120 SF
Lot
0.72 ac (31,363 SF)
Zoning code
R
APN
01-81200-02-020
UPID
US46-0655007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Insurance Agency
-
Grocery & Convenience Store Food Market
-
Hat Shop
-
Law Firm
-
Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$330k
Owner & transaction history
since 2026
7 recorded transactions
Zoning & alternative use
R · Apple Valley, MN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$330k
Value range
$297k – $363k
±10% around blend
Estimated value / SF
$25 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
30
Income certainty
100
$297k
blend $330k
$363k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,120 SF
Lot area
0.72 ac
Year built
1972
APN
01-81200-02-020
Zoning
R
Assessed value
$551,200
Annual tax
$14,400
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$14,400
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.98M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.0 mi away · 11,283 SF
16.9 mi away · 16,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$330k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 196 sales
$109
-77%
County 160 sales
$121
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $25/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
8.91%
Selected cap rate for this office buildings
Derived from the Apple Valley market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.91%
9.0%
NOI (est.)
$156k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.75M
Move the market yield to see immediate price impact.
Value / SF
$133
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.41%8.91%9.41%
$140k
$1.67M
$1.57M
$1.49M
$156k
$1.85M
$1.75M
$1.66M
$171k
$2.04M
$1.92M
$1.82M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.95M
4.4 mi · Dec 2025 · $227/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$14,400
Tax year 2022
Assessed value
$551,200
Assessed 2022
Previous assessed
$551,200
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$262,500
Assessed improvement
$288,700
Land market value
$262,500
Improvement market value
$288,700
Total market value
$551,200
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1972
Construction
CONCRETE
Heating
NONE
Bathrooms
4
Total area
13,120 SF
Lot
0.72 ac (31,363 SF)
Zoning code
R
APN
01-81200-02-020
UPID
US46-0655007
Jurisdiction
DAKOTA
Zoning & alternative use
R · Apple Valley, MNZoning R · permitted uses
R · Apple Valley, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
NONE
Bathrooms
4
Lot
0.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R
Jurisdiction
Apple Valley, MN
Recorded code
R
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R in Apple Valley, MN.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
