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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Office buildings
7601 145th W St, Apple Valley, MN 55124-5511
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-0235974
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
WOOD
Total area
5,246 SF
Lot
0.51 ac (22,216 SF)
Zoning code
R
APN
01-81201-08-012
UPID
US46-0235974
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
$895k
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Fernbrook Fifty LLC · 2 yrs held
Fernbrook Fifty LLC
since 2024
Last sale
$895,000
7 recorded transactions
Zoning & alternative use
R · Apple Valley, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+92.8%
Auto repair, garage
$1.1M
+85.1%
Neighborhood: shopping center
$880,000
+53.3%
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
$895,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,070,000
7%
$990,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$575,000
Current use
RESTAURANT
$1,105,000
Change: +93% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,065,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$775,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$605,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $895k (Jun 20 2024)
Last sale anchor
$895k
Jun 20 2024
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
$171 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,028
Tax year 2022
Assessed value
$504,300
Assessed 2022
Previous assessed
$504,300
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$220,200
Assessed improvement
$284,100
Land market value
$220,200
Improvement market value
$284,100
Total market value
$504,300
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Bathrooms
2
Total area
5,246 SF
Lot
0.51 ac (22,216 SF)
Zoning code
R
APN
01-81201-08-012
UPID
US46-0235974
Jurisdiction
DAKOTA
Zoning & alternative use
R · Apple Valley, MN
Zoning R · permitted uses
R · Apple Valley, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apple Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$575,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
MEDICAL BUILDING
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$605,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1978
Construction
WOOD
Heating
NONE
Bathrooms
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Fernbrook Fifty LLC
Entity
Mailing address
7601 145TH ST W, SAINT PAUL, MN 55124-5511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
$895,000
Fernbrook Fifty LLC
Mcdonald Construction INC
Warranty Deed
$927,500 · Us Bank NA
Apr 5, 2017
—
Mcdonald Construction INC
—
Deed
related
—
Mar 27, 2015
—
Mcdonald Construction INC
—
Trustees Deed
related
$200,000 · Star Bk
Nov 4, 2010
$337,500
Mcdonald Construction INC
Sheriff Of Dakota County
Grant Deed
—
May 4, 2010
$406,028
American Bk Of St Paul
Deputy Sheriff Of Dakota County
Trustees Deed
related
—
—
—
Mcdonald Construction INC
—
Deed Of Trust
related
$775,204 · American Bank Of St Paul
—
—
Mcdonald Construction INC
—
Loan Modification
related
—
—
—
Mcdonald Construction INC
—
Loan Modification
related
—
—
—
Mcdonald Construction INC
—
Deed Of Trust
related
$250,000 · American Bank Of St Paul
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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