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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Commercial real estate
7610 University NE Ave, Fridley, MN 55432-2605
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US46-0491902
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,559 SF
Lot
0.69 ac (29,924 SF)
APN
11-30-24-22-0019
UPID
US46-0491902
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
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.40M
Owner & transaction history
Yts Real Estate LLC · 2 yrs held
Yts Real Estate LLC
since 2024
Last sale
$1.4M
7 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 Fridley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fridley 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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (Apr 18 2024)
Last sale anchor
$1.40M
Apr 18 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
$307 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,457
Tax year 2024
Assessed value
$1,123,800
Assessed 2024
Previous assessed
$1,123,800
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$287,700
Assessed improvement
$836,100
Land market value
$287,700
Improvement market value
$836,100
Total market value
$1,123,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
4,559 SF
Lot
0.69 ac (29,924 SF)
APN
11-30-24-22-0019
UPID
US46-0491902
Jurisdiction
ANOKA
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Yts Real Estate LLC
Entity
Mailing address
7365 KIRKWOOD CT N, MAPLE GROVE, MN 55369-4721
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2024
$1,400,000
Yts Real Estate LLC
University 3 LLC
Warranty Deed
$900,000 · Northeast Bank
Sep 20, 2019
—
University 3 LLC
—
Deed
related
$956,000 · Northview Bk
Feb 14, 2019
$1,195,000
University 3 LLC
East Ranch Estate LLP
Warranty Deed
$956,000 · Northview Bank
Sep 21, 2018
—
East Ranch Estate LLP
—
Deed
related
$1,082,049 · First Nat'l Bk/elk River
May 21, 2010
—
East Ranch Estate LLP
—
Deed Of Trust
related
$2,499,401 · First National Bank Elk River
Nov 19, 2008
—
East Ranch Estate LLP
—
Trustees Deed
related
$200,000 · First National Bank Elk River
—
—
East Ranch Estate LLP
—
Loan Modification
related
$1,942,022 · First National Bank Elk River
—
—
East Ranch Estate LLP
—
Loan Modification
related
$1,942,022 · First National Bank Elk River
—
—
East Ranch Estate LLP
—
Loan Modification
related
$1,942,022 · First National Bank Elk River
—
—
University 3 LLC
—
Loan Modification
related
$956,000 · Northview Bk
—
—
East Ranch Estate LLP
—
Loan Modification
related
$1,082,049 · First Nat'l Bk/elk River
—
—
East Ranch Estate LLP
—
Loan Modification
related
$1,082,049 · First Nat'l Bk/elk River
—
—
East Ranch Estate LLP
—
Loan Modification
related
$1,082,049 · First Nat'l Bk/elk River
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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